Michael Pollitt gave a presentation “What was the impact on efficiency of the US distribution company merger wave?” during EPRG Spring Research Seminar, Cambridge, on 6 May 2005 Continue Reading
Author Archives: EPRG Admin
Presentation “User-Determined Transmission Expansion In Argentina” by S. Littlechild
Stephen Littlechild gave a presentation “User-determined transmission expansion in Argentina“ at EPRG Spring Research Seminar in Cambridge on 6 May 2005 Continue Reading
Presentation “Absolute Or Intensity-Based Caps: What Difference Does It Make?” by D. Ellerman
Denny Ellerman gave a presentation “Absolute or intensity-based caps: What difference does it make?” at EPRG Spring Research Seminar, Cambridge, on 6 May 2005 Continue Reading
Presentation “SESSA Project; Main Findings” by JM Glachant
Jean-Michel Glachant gave a presentation “SESSA Project; Main Findings” during EPRG Spring Research Seminar, in Cambridge, on 6 May 2005 Continue Reading
Presentation “The Electricity Markets In Germany And The Netherlands: What Is Happening?” by G. Brunekreeft
Gert Brunekreeft gave a presentation “The electricity markets in Germany and the Netherlands: what is happening?” during EPRG Spring Research Seminar, in Cambridge, on 6 May 2005 Continue Reading
Presentation “System Integration Of Wind” by K. Neuhoff
Karsten Neuhoff gave a presentation “System integration of wind” during EPRG Spring Research Seminar, in Cambridge, on 6 May 2005 Continue Reading
Presentation “Non-CO2 Benefits Of Renewables” by P. Twomey
Paul Twomey gave a presentation “Non-CO2 benefits of renewables” at EPRG Spring Research Seminar held in Cambridge on 6 May 2005 Continue Reading
Presentation “Network Pricing For Distributed Generation” by D. Newbery
David Newbery gave a presentation “Network pricing for distributed generation” during EPRG Spring Research Seminar, held in Cambridge on 6 May 2005 Continue Reading
Presentation “How Much Does It Cost To Get It Wrong?” by R. Green
Richard Green gave a presentation “How much does it cost to get it wrong?” during EPRG Spring Research Seminar, held in Cambridge on 6 May 2005 Continue Reading
Protecting customers or suppliers?:
Stephen Littlechild Protecting customers or suppliers?: A response to Ofgem’s consultation on its Retail Market Review – Updated domestic proposals 21 December, 2012 | PDF Continue Reading
International Benchmarking of Electricity Transmission by Regulators: Theory and Practice
Aoife Brophy Haney and Michael G. Pollitt International Benchmarking of Electricity Transmission by Regulators: Theory and Practice CRNI Annual Conference , 30 November, 2012 | PDF Continue Reading
Electricity Market Reform: Will it work and if so how?
Michael Pollitt Electricity Market Reform: Will it work and if so how? Beesley Lecture, 8 November, 2012 | Presentation | Lecture Continue Reading
Hype or Hope? Shale Gas and UK Energy Policy
Pierre Noel Hype or Hope? Shale Gas and UK Energy Policy Policy Exchange, 6 March 2012 | Continue Reading
Lord Howell in conversation with Dr Pierre Noël on UK energy policy
Pierre Noel Lord Howell in conversation with Dr Pierre Noël on UK energy policy Filmed at the Institution of Mechanical Engineers on 18 October 2012 | Continue Reading
Energy Markets–the short and the long term
Christof Ruhl, Chief Economist, BP Energy markets–the short and the long term BIEE, September, 2012 | PDF Continue Reading
Driving Towards 2020: Will the EU targets be achieved and what are the longer term prospects?
Michael Pollitt Driving Towards 2020: Will the EU targets be achieved and what are the longer term prospects? CEFD Conference, London 13 March 2012 | PDF Continue Reading
Conceptualising Energy Security
Christian Winzer Conceptualising Energy Security DECC Seminar, 7 March 2012 | PDF Continue Reading
Import Dependence and supply security: The UK gas security policy debate
Pierre Noel Import Dependence and supply security: The UK gas security policy debate The Global Gas Challenge Seminar, London, 28 February 2012 | PDF Continue Reading
Energy Prices: The Only Way is Up?
Michael Pollitt Energy Prices: The Only Way is Up? Oxford and Cambridge Club, London, 23 February 2012 | PDF Continue Reading
Energy Policy: How much it costs you and what you get for your money
Michael Pollitt Energy Policy: How much it costs you and what you get for your money U3A, Cambridge15 February 2012 | PDF Continue Reading
European Gas Markets: Globalisation; Commoditisation; Demand Destruction
Pierre Noel European Gas Markets: Globalisation; Commoditisation; Demand Destruction GDF Suez, Brussels 8 February 2012 | PDF Continue Reading
Energy Liberalisation in Historical Context
Michael Pollitt Energy Liberalisation in Historical Context Spanish Association of Energy Economists, Pamplona, 27 January 2012 | PDF Continue Reading
The Golden Age of Gas in Europe…is probably behind us
Pierre Noel The Golden Age of Gas in Europe…is probably behind us Gas to Power Forum 2012, Berlin Presented 24 January 2012 | Download PDF Continue Reading
Are current power markets proof checked for the 2020 challenges?
David Newbery Are current power markets proof checked for the 2020 challenges? Eurelectric: Which Market Design for the Future? Conference, Brussels Presented 12 January 2012 | Download PDF Continue Reading
Future of Electricity Demand: Customers, Citizens and Loads Panel Discussion
Tooraj Jamasb and Michael Pollitt Future of Electricity Demand: Customers, Citizens and Loads Panel Discussion DECC, London Presented 18 January 2012 | Download PDF Continue Reading
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
Issues in the Transmission and Retail Electricity Market in the UK
Michael Pollitt Issues in the Transmission and Retail Electricity Market in the UK CRIEPI, Tokyo 15 April, 2013 | | PDF Continue Reading
Electricity Market Reform
Michael Pollitt Electricity Market Reform in the UK CRIEPI, Tokyo 15 April, 2013 | | PDF Continue Reading
Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience
Michael Pollitt and Karim Anaya Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience IET, London 18 March, 2013 | | PDF Continue Reading
Wholesale and retail electricity market reforms in the UK: What not to do
Michael Pollitt Wholesale and retail electricity market reforms in the UK: What not to do FAEE, Paris, 20 March, 2013 | | PDF Continue Reading
Response to DECC Consultation on Ensuring a better deal for energy consumers
Stephen Littlechild Response to DECC Consultation on Ensuring a better deal for energy consumers 4 January, 2013 | PDF Continue Reading
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
EP 28
Paul Joskow The Difficult Transition to Competitive Electricity Markets in the US EP 28 | Non-Technical Summary | PDF Abstract: This paper discusses the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector from 1995. The development and performance of wholesale market institutions, the expansion… Continue Reading
EP 27
M Soledad Arellano Diagnosing and Mitigating Market Power in Chile’s Electricity Industry EP 27 | Non-Technical Summary | PDF Abstract: This paper examines generators’ incentives to exercise market power and the strategies they would follow if all electricity supplies were traded in an hourly-unregulated spot market. The industry is modelled as a Cournot duopoly with… Continue Reading
EP 26
Joanne Evans, Richard Green Why Did British Electricity Prices Fall after 1998? EP 26 | Non-Technical Summary | PDF Abstract: In an attempt to reduce high electricity prices in England and Wales the government has reduced concentration among generators and introduced New Electricity Trading Arrangements (NETA). Econometric analysis on monthly data from April 1996 to… Continue Reading
EP 25
A Denny Ellerman Lessons from Phase 2 Compliance with the US Acid Rain Program EP 25 | Non-Technical Summary | PDF Continue Reading
EP 24
Paul Joskow, Jean Tirole Merchant Transmission Investment EP 24 | Non-Technical Summary | PDF Abstract: We examine the performance attributes of a merchant transmission investment framework that relies on ‘market driven’ transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model appears… Continue Reading
EP 23
Natsuko Toba Welfare Impacts of Electricity Generation Sector Reform in the Philippines EP 23 | Non-Technical Summary | PDF Abstract: This paper reports an empirical investigation into the welfare impacts of an introduction of private sector participation into the Philippines electricity generation sector, by liberalizing the market for independent power producers (IPPs) during the power… Continue Reading
EP 22
O Daxhelet, Y Smeers Cross-Border Trade: A Two-Stage Equilibrium Model of the Florence Regulatory Forum Proposals EP 22 | Non-Technical Summary | PDF Abstract: Journal: Published as: The EU regulation on crossnext term-border trade of electricity: A two-stage equilibrium model European Journal of Operational Research, Forthcoming Continue Reading
EP 21
Dominique Finon Introducing Competition in the French Electricity Supply Industry: The Destablisation of a Public Hierarchy in an Open Institutional Environment EP 21 | Non-Technical Summary | PDF Abstract: The French electricity supply industry is characterized by a vertically integrated monopoly and public ownership and when the government introduced market rules, it was with the… Continue Reading
EP 20
Jean-Michel Glachant, Virginie Pignon Nordic Electricity Congestion’s Arrangement as a Model for Europe: Physical Contraints or Operators’ Opportunity EP 20 | Non-Technical Summary | PDF Abstract: Congestion on power grids seems a physical reality, a “hard” fact easy to check. Our paper models a different idea: congestion signal may be distorted by transmission system operators… Continue Reading
EP 19
Tooraj Jamasb, Paul Nillesen, Michael Pollitt Strategic Behaviour under Regulation Benchmarking EP 19 | Non-Technical Summary | PDF Abstract: Liberalisation of generation and supply activities in the electricity sectors is often followed by regulatory reform of distribution networks. In order to improve the efficiency of distribution utilities, some regulators have adopted incentive regulation schemes that… Continue Reading
EP 18
Marija Ilic, Eric Hsieh, Prasad Remanan Transmission Pricing of Distributed Multilateral Energy Transactions to Ensure System Security and Guide Economic Dispatch EP 18 | Non-Technical Summary | PDF Abstract: In this paper we provide a simulations-based demonstration of a hybrid electricity market that combines the distributed competitive advantages of decentralized markets with the system security… Continue Reading
EP 17
Karsten Neuhoff Integrating Transmission and Energy Markets Mitigates Market Power EP 17 | Non-Technical Summary | PDF Continue Reading
EP16
Raffaella Mota The Restructuring and Privatisation of Electricity Distribution and Supply Business in Brazil: A Social Cost-Benefit Analysis EP 16 | Non-Technical Summary | PDF Continue Reading
EP 15
David Newbery, Tanga McDaniel Auctions and trading in energy markets – an economic analysis EP 15 | Non-Technical Summary | PDF Abstract: Auctions are playing an increasingly prominent role in the planning and operation of energy markets. Comparing the New Electricity Trading Arrangements to the former electricity Pool in England and Wales requires some analysis… Continue Reading
EP 14
Preetum Domah Technical Efficiency in Electricity Generation – The Impact of Smallness and Isolation of Island Economies EP 14 | Non-Technical Summary | PDF Abstract: This paper conducts a comparative technical efficiency analysis of electricity generators in 16 small island economies using panel data, and two methodologies: data envelopment analysis (DEA) and stochastic frontier analysis… Continue Reading
EP 13
A Denny Ellerman, Juan-Pablo Montero The Temporal Efficiency of SO2 Emissions Trading EP 13 | Non-Technical Summary | PDF Abstract: This paper provides an empirical evaluation of the temporal efficiency of the US Acid Rain Program, which implemented a nationwide market for trading and banking sulphur dioxide (SO2) emission allowances. We first develop a model… Continue Reading
EP 12
David Newbery Regulatory Challenges to European Electricity Liberalistation EP 12 | Non-Technical Summary | PDF Abstract: The European Commission proposed to reform the Electricity and Gas Directives to improve access to transmission, increase cross-border capacity, and fully open the electricity and gas markets. The California electricity crisis has weakened support for liberalisation, removed the commitment… Continue Reading