The article, published this week, ‘An unruly OPEC is causing problems for Russia and Saudia Arabia’ references Robert Ritz’s 2017 paper in Energy Economics.
The Economist article can be read here
The 2017 paper can be read here
Kamiar Mohaddes, Associate Professor in Economics & Policy and a Fellow of King’s College, was recognised for his work impacting climate change and net-zero policy. Kamiar’s paper in the journal Energy Economics on the economics of climate change, has been referenced extensively by the US Congressional Budget Office and 25 members of Congress in a letter to… Continue Reading
The video has been posted on Facebook and has had over 400 000 views – it can be viewed here Prevailing economic research anticipates the burden of climate change falling on hot or poor nations. Some predict that cooler or wealthier economies will be unaffected or even see benefits from higher temperatures! However, by studying… Continue Reading
David Newbery gave a presentation “Secure, sustainable and affordable electricity: the challenges” at the 7th Greek-British Symposium, London on 17th October 2023 | PDF Continue Reading
Hongyun Zhang Michael G. Pollitt Comparison of policy instruments in the development process of offshore wind power in North Sea countries Abstract | Non-Technical Summary | Text Continue Reading
Paul Simshauser and David Newbery Non-Firm vs. Priority Access: on the Long Run Average and Marginal Cost of Renewables inAustralia Abstract | Non-Technical Summary | Text Continue Reading
Paul Simshauser On Static vs. Dynamic Line Ratings in Renewable Energy Zones Abstract | Non-Technical Summary | Text Continue Reading
David Newbery Estimating the target-consistent carbon price for electricity Abstract | Non-Technical Summary | Text Continue Reading
The latest report, and the full set of publications since January 2021, can be found here Continue Reading
The latest report, and the full set of publications since January 2021, can be found here Continue Reading
The EPRG Energy & Environment (E&E) Seminar Series is a bi-weekly presentation relating to economic, social, and technological issues within the energy academic and industrial sectors. Our bi-weekly Energy and Environment Seminars give our research team the opportunity for constructive feedback on their current work and promote multidisciplinary dialogue on issues of relevance to our… Continue Reading
For details on the role and to apply please go to: https://www.jobs.cam.ac.uk/job/42737/ Continue Reading
EPRG is pleased to announce our successful 2023 EPRG, CEEPR & CERRE European Energy Policy Conference. This year, the conference was held in strategic partnership with RWE. It took place at Sparks Building, Rue Ravenstein 60, in Brussels, Belgium, on 7 – 8 September 2023 and comprised of 1.5 days of sessions and dinner. PROGRAMME Thursday 7 September Welcome Bruno Liebhaberg (CERRE),… Continue Reading
Many argue that climate-related risks will only materialise many decades from now, but using AI to construct climate smart sovereign credit ratings we show climate-driven downgrades within this decade. The FT press coverage can be viewed here The Bloomberg press coverage can be viewed here The Reuters press coverage can be viewed here The original… Continue Reading
Prevailing economic research anticipates the burden of climate change falling on hot or poor nations. Some predict that cooler or wealthier economies will be unaffected or even see benefits from higher temperatures. However, our study shows that virtually all countries – whether rich or poor, hot or cold – will suffer economically if the current… Continue Reading
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The latest report, and the full set of publications since January 2021, can be found here Continue Reading
David Newbery High renewable electricity penetration:marginal curtailment and market failure under“subsidy-free” entry Abstract | Non-Technical Summary | Text Continue Reading
Michael G. Pollitt Locational Marginal Prices (LMPs) for Electricity in Europe? The Untold Story Abstract | Non-Technical Summary | Text Continue Reading
Michael G. Pollitt Energy Markets Under Stress: Some Reflections on Lessons From the Energy Crisis in Europe Abstract | Non-Technical Summary | Text Continue Reading
Mei Lu,Michael G. Pollitt, Ke Wang, Yi-Ming Wei The Incremental Impact of China’s Carbon Trading Pilots Abstract | Non-Technical Summary | Text | Supplementary information Continue Reading
Andrei Covatariu, Daniel Duma, Monica Giulietti, Michael G. Pollitt Toward an operational definition and a methodology for measurement of the active DSO (distribution system operator) for electricity and gas Abstract | Non-Technical Summary | Text | Annex 1 UK Active DSO Mapping Continue Reading
Michael A. Mehling Supply-Side crediting for accelerated decarbonization: A political economy perspective Abstract | Non-Technical Summary | Text Continue Reading
Michael A. Mehling Supply-Side Offset Crediting to Manage Climate Policy Spillover Effects Abstract | Non-Technical Summary | Text Continue Reading
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Natsuko Toba*, Tooraj Jamasb**, Luiz Maurer & Anupama Sen Multi-Objective Auctions for Utility-Scale Solar Battery Systems: Lessons for ASEAN and East Asia Abstract | Non-Technical Summary | Text Continue Reading
Paul Simshauser The regulation of electricity transmission in Australia’s National Electricity Market: user charges, investment and access Abstract | Non-Technical Summary | Text Continue Reading
PROGRAMME 4 MAY 2023 Lucia Reisch (El-Erian Institute, Cambridge Judge Business School) gave a keynote speech: “Can we nudge to net zero?” 5 MAY 2023 SESSION 1—ELECTRICITY MARKET DESIGN IN GREAT BRITAIN Chair: Michael Pollitt (EPRG) Jason Mann (FTI Consulting) Kayte O’Neill (National Grid ESO) SESSION 2—THE FUTURE OF HYDROGEN Chair: Sahil Agarwal (FTI Consulting)… Continue Reading
Edward Anderson and Pär Holmberg Multi-unit auctions with uncertain supply and single-unit demand Abstract | Non-Technical Summary | Text Continue Reading
David Webbe-Wood, William J. Nuttall, Nikolaos K. Kazantzis, Chi Kong Chyong The Options Value of Blue Hydrogen in a Low Carbon Energy System Abstract | Non-Technical Summary | Text Continue Reading
Dr Kamiar Mohaddes talked to the podcast of Economic Times about the economic effects of El Niño for India, the rest of the Asia Pacific, the United States and the global economy regarding economic growth and inflation. This is based on his work with various colleagues (including from the International Monetary Fund), such as The Growth Effects… Continue Reading
Chi Kong Chyong, David M Reiner, Rebecca Ly, Mathilde Fajardy The economic value of flexible CCS in net-zero electricity systems: The case of the UK Abstract | Non-Technical Summary | Text Continue Reading
David Newbery Regulation of access, fees, and investment planning of transmission in Great Britain[1] Abstract | Non-Technical Summary | Text Continue Reading
Robert Ritz (EPRG) and Michael Mehling (MIT CEEPR) have published a new paper “From theory to practice: determining emissions in traded goods under a border carbon adjustment ” in the Oxford Review of Economic Policy. Continue Reading
Nicholas Gohdes, Paul Simshauser and Clevo Wilson Renewable investments in hybridised energy markets: optimising the CfD-merchant revenue mix Abstract | Non-Technical Summary | Text Continue Reading
J.P. Chaves, R. Cossent, T. Gómez San Román, P. Linares, and M. Rivier An assessment of the European electricity market reform options and a pragmatic proposal Abstract | Non-Technical Summary | Text Continue Reading
Farhad Billimoria and Paul Simshauser Contract design for storage in hybrid electricity markets Abstract | Non-Technical Summary | Text Continue Reading
Juyong Lee and David M. Reiner Determinants of public preferences on low carbon electricity: Evidence from the United Kingdom Abstract | Non-Technical Summary | Text Continue Reading
Chi Kong Chyong, Michael Pollitt, David M. Reiner, Carmen Li Modelling Flexibility Requirements in European 2050 Deep Decarbonisation Scenarios: The role of conventional flexibility and sector coupling options Abstract | Non-Technical Summary | Text Continue Reading
Tiago Cavalcanti, Kamiar Mohaddes, Hongyu Nian, and Haitao Yin Air Pollution and Firm-Level Human Capital, Knowledge and Innovation Abstract | Non-Technical Summary | Text Continue Reading
Ramit Debnath, Ronita Bardhan, Darshil U. Shah, Kamiar Mohaddes, Michael H. Ramage, R. Michael Alvarez, and Benjamin K. Sovacool co-authored a report “Social media enables people-centric climate action in the hard-to-decarbonise building sector” for Nature Scientific Reports that was published on 17 November 2022. You can read the report here Continue Reading
R. Debnath, R. Bardhan, DU Shah, K. Mohaddes, MH Ramage, MR Alvarez, and B. Sovacool published an article in University Research News – University of Cambridge on 17 November 2022. You can read the article here Continue Reading
Zeenat Hameed, Michael Pollitt, Paul Kattuman, Chresten Træholt Frequency markets and the problem of predictability Abstract | Non-Technical Summary | Text Continue Reading
Paul Simshauser Tim Nelson & Joel Gilmore The sunshine state: implications from mass rooftop solar PV take-up rates in Queensland Abstract | Non-Technical Summary | Text Continue Reading
Zeynep Clulow and David M. Reiner Democracy, economic development and lowcarbon energy: When and why doesdemocratization promote energy transition? Abstract | Non-Technical Summary | Text | Supplementary Information Continue Reading
EPRG is pleased to announce our successful 2022 Winter Seminar. On December 8, 2022, EPRG hosted delegates to a dinner at Sidney Sussex College, and on December 9, 2022, at Homerton College for a full-day seminar. The first day concluded with a keynote speech given by Cass Sunstein (Harvard University & Harvard Law School). PROGRAMME… Continue Reading
Professor David Newbery was the speaker today at our E&E seminar entitled “Electricity market design: Signalling efficient location and operation.” Please click here. Continue Reading
Stephen Littlechild published a book review in the journal Economics of Energy & Environmental Policy, Volume 11, Number 2 “The Future of Electricity Retailing and How We Get There, by Frank A. Wolak and Ian H. Hardman”. Continue Reading
In August Stephen Littlechild was awarded the 2022 prize for Outstanding Contributions to the Profession by the International Association for Energy Economics (IAEE). His acceptance speech can be found here Continue Reading
Jim Krane Net Zero Saudi Arabia: How Green Can the Oil Kingdom Get? Abstract | Non-Technical Summary | Text Continue Reading