Category Archives: Featured Items

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 the Future of Gas

Alaric Marsden (FTI-Compass Lexecon Energy) Gas as a key enabler of flexible electricity generation

SESSION 2 – ROUNDTABLE: BRINGING SENSE TO THE BREXIT DEBATE: WHAT SHOULD INDUSTRY BE LOOKING FOR?

Chair: David Reiner (EPRG)

Jason Mann (FTI-Compass Lexecon Energy)

Michael Pollitt (EPRG)

Janez Kopac (Energy Community Secretariat)

Jenny Pyper (Northern Ireland Authority For Utility Regulation)

SESSION 3 – SMART POLICIES FOR ENERGY TRANSITION 

Chair: Michael Pollitt (EPRG)

Cathy McClay (National Grid) GB Ancillary Services Market: Taking Stock & Looking Forward

Peter Cramton (University of Maryland) The Role of Auctions in Accommodating Renewables

Robert Ritz (EPRG) When is a carbon price floor desirable?

SESSION 4 – REGULATION AND INNOVATION FOR SMARTER AND CLEANER ENERGY MARKETS & NETWORKS

Chair: Alaric Marsden (FTI-Compass Lexecon Energy)

Laura Diaz Anadon (University of Cambridge) Government funding and support for energy RD&D: what do we know about outcomes?

Steve McMahon (Ofgem) Ofgem experience with the network innovation competitions

Ljubo Mitrasevic (FTI-Compass Lexecon Energy) The RIIO2 price control: the opportunities and challenges ahead

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

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

Presentation “Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?” by K. Mohaddes

Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?” at the Workshop on New Perspectives on Political Economy of the Middle East that took place at the University of Oxford on 27-28 October 2017 | PDF    Continue Reading

A Review of Gas Security of Supply within Great Britain’s Gas Market – From the Present to 2035

The UK government has published its strategic assessment and review of GB’s Gas security of supply based on a detailed analysis by CEPA using EPRG’s gas market models. Dr Chi Kong Chyong, EPRG Research Associate & Director of Energy Policy Forum, led the modelling work for this review. A summary of this strategic assessment and… Continue Reading

Article “Implications of the current low oil prices for MENA countries” by K. Mohaddes

Kamiar Mohaddes and Mehdi Raissi published an article “Implications of the current low oil prices for MENA countries” on Economic Research Forum website, on 9 October 2017 ‘Oil importers in the region should not overestimate the positive impact of the decline in oil prices on their economies given considerable uncertainty about the persistence of lower oil… Continue Reading

C.K. Chyong quoted in PenzaNews Agency

Chi Kong Chyong was quoted in the article “US anti-Russia sanctions may have negative impact on European energy security” in PenzaNews Agency on 4 August 2017. “While the exporters of gas – Russia and USA – are looking for more customers in the oversupplied market environment, European energy security is at odds: European gas markets are… Continue Reading

Simon Taylor – recipient of the 2017 CJBS Sandra Dawson Research Impact Award

We are delighted to announce that Simon Taylor, EPRG Associate Researcher, is the winner of the 2017 Cambridge Judge Business School Sandra Dawson Research Impact Award. Funded by a generous donation from Professor Dame Sandra Dawson, the annual Research Impact Awards recognise the impact of our research on non-academic stakeholders. Awards are made on the basis… Continue Reading