Author Archives: EPRG Admin

EP 77

Eric van Damme Liberalising the Dutch Electricity Market: 1998-2004 EP 77  | Non-Technical Summary | PDF Continue Reading

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EP 76

Nils-Henrik von der Fehr, Eirik Amundsen, Lars Bergman The Nordic Market: Signs of Stress? EP 76  | Non-Technical Summary | PDF Abstract: The supply shock that hit the Nordic electricity market in 2002-2003 put the market to a severe test. A sharp reduction in inflow to hydro reservoirs during the normally wet months of late… Continue Reading

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EP 75

Jean-Michel Glachant, Dominique Finon A Competitive Fringe in the Shadow of a State Owned Incumbent: The Case of France EP 75  | Non-Technical Summary | PDF Abstract: We examine what kind of competitive fringe has been built in France around the State owned incumbent without destroying it or significantly weakening its dominant position; what impacts… Continue Reading

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EP 74

Michael Grubb, Lucy Butler, Graham Sinden Diversity and Security in UK Electricity Generation: The Influence of Low Carbon Objectives EP 74  | Non-Technical Summary | PDF Continue Reading

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EP 73

Benjamin Hobbs, Fieke Rijkers The More Cooperation, the More Competition? A Cournot Analysis of the Benefits of Electric Market Coupling EP 73  | Non-Technical Summary | PDF Abstract: Market coupling in Belgian and Dutch markets would permit more efficient use of intercountry transmission, 1) by counting only net flows against transmission limits, 2) by improving… Continue Reading

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EP 72

David Newbery Why tax energy? Towards a more rational policy EP 72  | Non-Technical Summary | PDF Abstract: The same fuels are taxed at widely different rates in different countries while different fuels are taxed at widely different rates within and across countries. Coal, oil and gas are all used to generate electricity, but are… Continue Reading

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EP 71

Paul Twomey, Richard Green, Karsten Neuhoff, David Newbery A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems EP 71  | Non-Technical Summary | PDF   Abstract: The paper surveys the literature and publicly available information on market power monitoring in electricity… Continue Reading

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EP 70

Lucy Butler, Karsten Neuhoff Comparison of Feed in Tariff, Quota and Auction Mechanisms to Support Wind Power Development EP 70  | Non-Technical Summary | PDF Abstract: A comparison of policy instruments employed to support onshore wind projects suggests that in terms of capacity installed, policies adopted in Germany have been more effective than those adopted… Continue Reading

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EP 69

Claude Crampes, Natalia Fabra The Spanish Electricity Industry: Plus ça change… EP 69  | Non-Technical Summary | PDF Abstract: In this paper we describe the Spanish electricity industry and its current regulatory regime. Special emphasis is given to the description and discussion of market design issues (including stranded cost recovery), the evolution of market structure,… Continue Reading

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EP 68

Gert Brunekreeft, Sven Twelemann Regulation, Competition and Investment in the German Electricity Market: RegTP or REGTP EP 68  | Non-Technical Summary | PDF Abstract: The German energy industries will be subjected to regulation of network access enforced by a sector-specific regulator. Whereas the gas industry broke the regime of negotiated third party access, in electricity… Continue Reading

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Michael Pollitt Does environment matter for distribution system performance? EPRG Winter Research Seminar, Cambridge Presented 9 December 2005 | Download PDF Continue Reading

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Global Trends in Electricity Transmission System Operation: Where does the future lie?

Mallika Chawla and Michael Pollitt Global Trends in Electricity Transmission System Operation: Where does the future lie?  | PDF Abstract: Unbundling of the Electricity Supply Industry (ESI) has resulted in establishment of different arrangements of electricity transmission system operation. While there is a significant move away from the traditional vertically integrated utility arrangement, it remains to… Continue Reading

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EP 31

Andreas Ehrenmann, Karsten Neuhoff A comparison of electricity market designs in networks EP 31  | Non-Technical Summary | PDF Abstract: In the real world two classes of market designs are implemented to trade electricity in transmission constrained networks. Analytical results show that in two node networks integrated market designs reduce the ability of electricity generators… Continue Reading

EP 29

Gert Brunekreeft Market-Based Investment in Electricity Transmission Networks: Controllable Flow EP 29  | Non-Technical Summary | PDF Abstract: This paper discusses unregulated market-based electricity transmission investment by third parties as opposed to regulated investment by designated transmission system operators. The analysis is set against a European and Australian institutional background and focuses on interconnection of… Continue Reading