Category Archives: Featured Items

Presentation “Oil Price Volatility, Climate Change Uncertainty, and Macroeconomic Policy” by K. Mohaddes

Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Oil Price Volatility, Climate Change Uncertainty, and Macroeconomic Policy” at ERF Conference “The New Normal in the Global Economy: Challenges and Prospects for MENA”, in Cairo, Egypt, on 9 July 2018 | PDF  

You can also view the presentation here 

Report “Reactive Power Management and Procurement Mechanisms: Lessons for the Power Potential Project” by K. Anaya and M. Pollitt

Karim Anaya and Michael Pollitt wrote a report for National Grid Power Potential Project titled “Reactive Power Management and Procurement Mechanisms: Lessons for the Power Potential Project” that was published on National Grid website on 11 June 2018. The Power Potential initiative is a customer funded project that is being implemented by National Grid and… Continue Reading

Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership” by D. Newbery, D. Reiner and R. Ritz

David Newbery, David Reiner and Robert Ritz published a Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership” on 28 June 2018. The brief is based on the EPRG Working Paper #1816   ‘The European Union should introduce a minimum price on carbon dioxide from electricity generation to accelerate low-carbon investment… Continue Reading

S. Littlechild latest submission to CMA

Stephen Littlechild has made a further submission to the CMA investigation of the SSE-Npower merger, suggesting that divestment to smaller suppliers of some 740,000 long-standing Npower domestic energy customers on Standard Variable Tariffs would address the CMA’s recently identified theory of harm associated with a loss of rivalry in the setting of default tariff prices | PDF… Continue Reading

2018 EPRG Spring Seminar

EPRG is pleased to announce our successful 2018 Spring Seminar in partnership with FTI Consulting and Compass Lexecon. On May 10, 2018 EPRG hosted delegates to dinner at Westminster College, and on May 11, 2018 at Downing College for a full-day seminar. Programme SESSION 1 – THE ROLE OF GAS IN ENERGY TRANSITIONS Chair: Jason Mann (FTI-Compass Lexecon Energy) Jonathan Stern (OIES) Challenges to… Continue Reading

K. Mohaddes quoted in Albawaba News

Kamiar Mohaddes was quoted in the article “This is ‘Winning’? Ending the Iran Deal is Alienating European Allies & Strengthening the Yuan” by Eleanor Beevor, on Albawaba News, on 14 May 2018. The interview covers his views on the likely impact on Iran’s oil exports following President Trump’s withdraw from JCPOA and unilateral sanctions by the… Continue Reading

EPRG News

We are pleased to announce that Robert Ritz, one of EPRG’s Assistant Directors, has been appointed as a member of Ofgem’s Academic Panel. The Panel is set to enhance Ofgem’s strategic thinking and early-stage policy development. More details on the Panel, its aims and current members can be found here   Continue Reading

EPRG Working Paper 1703 (Updated)

EPRG Working Paper 1703  The CMA’s analysis of the retail energy market: an examination using textbook economics by Stephen Littlechild has been updated and published under a new title The CMA’s assessment of customer detriment in the GB retail energy market. To view a new version, please click here Continue Reading

Comment “Competition, Regulation and Price Controls in the GB Retail Energy Market” by S. Littlechild

Stephen Littlechild’s paper “Competition, Regulation and Price Controls in the GB Retail Energy Market” is a revised and updated version of his July 2017 lead article in Australian Competition and Consumer Commission (ACCC) Network, which summarises and appraises the last decade of UK retail energy market regulation. The revised paper has been submitted to Utilities Policy. The full text can be found here The… Continue Reading

S. Littlechild latest submission to CMA

Stephen Littlechild has made a submission to the CMA investigation of the SSE-Npower merger, suggesting that the two companies agree to divest long-standing customers on Standard Variable Tariffs to smaller suppliers in the domestic energy market. He identifies ten respects in which this would increase competition, which is particularly important in present circumstances | PDF… Continue Reading

K. Mohaddes quoted in Albawaba News

Kamiar Mohaddes was quoted in the article “Reneging on the Nuclear Deal Will Isolate America, Empower China, and Distance Europe” by Eleanor Beevor, on Albawaba News, on 28 February 2018. The article also makes a reference of Kamiar’s work “Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis” that was written together with… Continue Reading

Report “The Regulation of Retail Competition in US Residential Electricity Markets” by S. Littlechild

Stephen Littlechild wrote a report on US competitive electricity markets “The Regulation of Retail Competition in US Residential Electricity Markets”. The report explains that all competitive retail markets in the US except Texas require incumbent network utilities to offer a default supply service to customers who do not choose a retail supplier, and to do… Continue Reading

Presentation “Competition and the UK Retail Energy Market” by S. Littlechild

Stephen Littlechild gave a presentation “Competition and the UK retail energy market: Lessons for Australia?” during AEC Luncheon Seminar in Park Hyatt, Melbourne, Australia on 29 November 2017 | PDF He also presented “Competition and the UK retail energy market” at Meridian Energy Seminars, Wellington, New Zealand on 23 November 2017 | PDF   You can view this presentation here    Continue Reading

EPRG Working Paper 1801

Mahmud I. Imam, Tooraj Jamasb, and Manuel Llorca Sector Reforms and Institutional Corruption: Evidence from Electricity Industry in Sub-Saharan Africa Previously published in January 2018 under the title Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa. Updated in May 2018 under a new title. Abstract | Non-Technical Summary | PDF   Continue Reading

S. Littlechild latest submission to BEIS

Stephen Littlechild and other former energy regulators of the UK submitted a written evidence to the BEIS Select Committee on pre-legislative scrutiny of the draft domestic gas and electricity (tariff cap) bill  in November 2017. The full text can be found here. On 12 December 2017, S. Littlechild gave evidence in person during the Select Committee meeting. The written… Continue Reading

Comment “Will The Market Delivery Security of Gas Supply? The Case of the UK and Italy” by C.K.Chyong

  A comment by Chi Kong Chyong regarding the recent price hike in the UK and Europe due to gas supply shortages “Having a market-based solution to a security of supply event, such as the recent one, means that the cost of meeting these unexpected events is as low as possible, while the price for… Continue Reading

Presentation “Oil Prices and the Global Economy: Is It Different This Time Around?” by K. Mohaddes

Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Oil Prices and the Global Economy: Is It Different This Time Around?” at the Conference on “Arab Oil Exporters: Coping with a New Global Oil Order”, at the Arab Fund for Economic and Social Development on 26-27 November 2017 in Kuwait | PDF   Continue Reading