EPRG is pleased to announce our successful 2015 Winter Seminar in partnership with NERA. On December 10, 2015 EPRG hosted delegates to a dinner at Christ’s College, and on December 11, 2015 at Clare College for a full-day seminar. Continue Reading
EPRG is pleased to announce our successful 2015 Winter Seminar in partnership with NERA. On December 10, 2015 EPRG hosted delegates to a dinner at Christ’s College, and on December 11, 2015 at Clare College for a full-day seminar. Continue Reading
David Newbery and Thomas Greve The robustness of industrial commodity oligopoly pricing strategies Continue Reading
Edward Anderson and Pär Holmberg Price Instability in Multi-Unit Auctions Continue Reading
Kamiar Mohaddes, Lecturer and Fellow in Economics, Girton College, University of Cambridge, and EPRG Associate Researcher, wrote a blog “Don’t Blame the Abundance of Oil” that was published in Huffington Post on 25 November 2015. The full text can be found here Continue Reading
Michael Pollitt In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy and Climate Problems Continue Reading
Stephen Littlechild and the other former energy regulators recently submitted their response to CMA on Supplemental Remedies. In their response they argue that prohibiting Standard Variable Tariffs would overrule customer preferences. It would be better to promote more competition for SVTs. They also propose an alternative way forward, to recognise that the extent of Ofgem’s… Continue Reading
Kamiar Mohaddes, EPRG Associate Researcher, was interviewed by CCTV America News Channel on El Niño’s weather related impact on world business. His research on the topic was also mentioned in The Economist. To view the interview, please click here. To read the article, please click here. Continue Reading
M. Pollitt and K. Anaya Can current electricity markets cope with high shares of renewables? A comparison of approaches in Germany, the UK and the State of New York. Abstract | Non-Technical Summary | PDF Also published in The Energy Journal, 2016, under “Can current electricity markets cope with high shares of renewables? A comparison of… Continue Reading
Morgan Bazilian and Debabrata Chattopadhyay Considering Power System Planning in Fragile and Conflict States Continue Reading
Stephen Littlechild published a report “Regulation of Retail Energy Markets in the UK and Australia” in a weekly energy newsletter of Energy Supply Association of Australia (ESAA) on 15 October 2015. The full text of the report can be found here. You can also click here to read the introduction by Andrew Dillon, General Manager of Corporate… Continue Reading
Michael Pollitt gave a presentation “The Energy Union and the Energiewende” at Bruegel’s 10th Anniversary Conference that took place at the Federal Ministry for Economic Affaires and Energy, Berlin, Germany, on 28 September 2015 | PDF Continue Reading
Michael Pollitt gave a presentation “How to Support Innovation in Network Industries: The Role of Regulators and Competition and the Case of Electricity” at 5th SEEK Conference in Mannheim, Germany on 9 October 2015 | PDF Continue Reading
Michael Pollitt gave an inaugural lecture “In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy & Climate Problems” at Cambridge Judge Business School, on 7 October 2015 | PDF Continue Reading
David Newbery presented “Stimulating Innovation in the Electricity Supply Industry” at the European Energy Forum 2015 that took place in London on 5 October 2015 | PDF Continue Reading
David Newbery gave a presentation “Energy and the Environment: What’s the Challenge?” at British Academy debate in London on 22 September 2015 | PDF Continue Reading
Stephen Littlechild, Fellow at Judge Business School and EPRG Associate Researcher, addressed the Indepen Forum on 29 September 2015 which was on the theme”Snakes and Ladders: price controls and markets. What might the CMA’s provisional findings mean for retail markets in utility services?” The full text of his opening remarks can be found here. Continue Reading
Sébastien Phan and Fabien Roques Is the Depressive Effect of Renewables on Power Prices Contagious? A Cross Border Econometric Analysis Continue Reading
David Newbery Reforming UK Energy Policy to Live Within Its Means Continue Reading
Xiaoping He and David Reiner Why Do More British Consumers Not Switch Energy Suppliers? The Role of Individual Attitudes Also published in Energy Journal, Volume 38 (6) Abstract | Non-Technical Summary | PDF Continue Reading
Chi Kong Chyong and David Reiner published an article “Nord Stream: The Sequel” on 12 August 2015 in EUobserver, an independent online newspaper covering EU affairs and based in Brussels. “The proposal to expand Nord Stream comes amid difficult negotiations on Turkish Stream, which, in December, replaced South Stream as the main transit proposal for… Continue Reading
Aoife Brophy Haney Managerial interpretation and innovation in response to climate change Continue Reading
David Reiner and Chi Kong Chyong were quoted in an article “Nord Stream 2 Expansion to Face Political Hurdles“, published by Annemarie Botzki on Interfax Energy website on 7 August 2015. “Nord Stream 2 would be cheaper because it is closer to the new Russian production base in Yamal, which would lower the cost of shipping gas to… Continue Reading
Chi Kong Chyong published an article “Russia’s Gas Pipeline Strategy and Europe’s Alternatives” on EurActiv.com – the leading online media on EU affaires, on July 3, 2015. “Strained relationships between EU and Russia due to the Ukrainian conflict forced Gazprom, Russia’s state gas monopolist, to abandon the idea of controlling pipelines “from wellhead to burner tip”. Gazprom’s new… Continue Reading
Amany El-Anshasy, Kamiar Mohaddes, and Jeffrey B. Nugent Oil, Volatility and Institutions: Cross-Country Evidence from Major Oil Producers Continue Reading
Comment on Catherine Waddams’s blog post: “A Regulator’s Price Comparison Website is Not Sensible” by S. Littlechild – Full Text Continue Reading
Stephen Littlechild, Fellow at Judge Business School and EPRG Associate Researcher, published an article ‘Goldilocks’ Energy Price Limit Doesn’t Bear Scrutiny in The Telegraph newspaper. “Two cheers for the Competition and Markets Authority’s provisional findings in its energy market investigation. The first is for its comprehensive assessment of which aspects are a problem and which aren’t.… Continue Reading
EPRG is pleased to announce our successful 2015 EPRG/CEEPR Annual Conference with support from Shell. The Conference took place at The Langham Hotel in London on 9 – 10 July and comprised of 1,5 day of sessions and dinner. PROGRAMME Thursday 9 July 2015 SESSION 1 – SETTING A FRAMEWORK FOR THE ENERGY TRANSITION Chaired by Suman Bery … Continue Reading
Raphael Heffron, Lecturer in Law at Leeds University and EPRG Associate, published his new book “Deconstructing Energy Law and Policy, The Case of Nuclear Energy“. To order the book online, please click here Continue Reading
David MacKay, Professor of Engineering and EPRG Associate, gave a presentation “Why ‘Good Energy Policy’ is Difficult? – Reflections on 5 Years in the DECC” on 30 April 2015 at In Search of ‘Good’ Energy Policy meeting on the policy making process of Department of Energy and Climate Change based on his time at DECC |… Continue Reading
C. K. Chyong was quoted in an article “Deeper reforms needed for Ukrainian gas market” published in ICIS website newsletter – the world largest petrochemical market information provider that covers Energy among other subjects. “The Ukraine’s new gas market law will have little impact on the transparency and efficiency of the country’s gas sector if… Continue Reading
Michael Pollitt gave a presentation “Energy Prices: Up or Down?” at CUEN Annual Energy Conference in Cambridge on 11 June 2015 | PDF Continue Reading
Michael Pollitt gave a presentation “UK Energy Policy Before and After the 2015 General Election” at French Association of Energy Economists (FAEE) Conference, on 10 June 2015, Paris, France | PDF Continue Reading
Kamiar Mohaddes and M. Hashem Pesaran Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis Continue Reading
EPRG is pleased to announce our successful 2015 Spring Seminar in partnership with FTI Consulting and Compass Lexecon. On June 4, 2015 EPRG hosted delegates to a dinner at Newnham College, and on June 5, 2015 at The Moller Centre for a full-day seminar. Programme SESSION 1 – EU Energy Union – which way forward for the… Continue Reading
Michael Pollitt and Karim Anaya published an article Electrical Energy Storage – Economics and Challenges in Energy World Magazine in April 2015. The full text of the article can be found here. Continue Reading
Robert Ritz The Simple Economics of Asymmetric Cost Pass-Through Continue Reading
Michael Pollitt gave a presentation “Progress with the UK Electricity Market Reform (EMR)” in CEEP, Beijing Institute of Technology, China on 12 May 2015 | PDF Continue Reading
Comment: “UK Energy Policy after the 2015 General Election” by Michael Pollitt – Full Text Continue Reading
Pierre Noel, senior fellow for Economic and Energy Security at the International Institute for Strategic Studies in Singapore and Associate Researcher at EPRG, published an article “Brussels Blames Gazprom for Its Own Failings” in Financial Times on 29 April 2015. “The Russian state-owed company stands accused of anti-competitive practices allowing it to charge “unfair prices” in several… Continue Reading
Chi Kong Chyong was quoted in an article on Montel website – key information provider for the European energy markets in Norway, – on reasons behind increasing purchases of Russian gas by European Union. “European buyers are playing “intertemporal arbitrage” whereby they dry up gas in their storage facilities and re-inject them when Russian gas prices are lower in… Continue Reading
Chi Kong Chyong was quoted in Eurasia Review, an independent on-line journal and think tank, on possibilities and challenges for Caspian countries, like Azerbaijan, Turkmenistan, Uzbekistan, and Iran, to be gas suppliers to the EU. The article also appeared in AzerNews and New Europe. “Azerbaijan is perhaps the only supplier in the region able to respond to the EU’s gas… Continue Reading
Chi Kong Chyong was quoted in PenzaNews, an independent on-line news agency in Penza, Russia, on possible perspectives and benefits for Europe by using different gas suppliers, and on the outcomes if Turkish Stream is built in full. “Co-existence between the two (gas suppliers from Russia and Azerbaijan) is not an issue, at least for Europe as the clients… Continue Reading
Robert Ritz gave a presentation “A strategic perspective on competition in international gas markets” at Massachusetts Institute of Technology (MIT) on 10 April 2015 | PDF Continue Reading
Karim L. Anaya and Michael Pollitt Distributed Generation: Opportunities for Distribution Network Operators, Wider Society and Generators Abstract | Non–Technical Summary | PDF Also published in Energy Policy, 2017, under “Going smarter in the connection of distributed generation” | Text Continue Reading
David Tingle Bargaining Practice and Negotiation Failure in Russia-Ukraine Gas Relations Continue Reading
Robert Ritz presented “The impact of carbon emissions trading on industries” at Potsdam Institute for Climate Impact Research, CREW Symposium, on 23 March 2015 | PDF Continue Reading
CK Chyong and D. Reiner published an article “Time for ‘tough love’ in EU-Ukraine energy relations” in Europe’s World policy journal. Published every 4 months, Europe’s World is the only independent Europe-wide policy journal, produced in association with some 150-plus leading European think tanks and academic institutions. “If the EU is too forgiving in its… Continue Reading
Morgan Bazilian, Lead Energy Specialist at the World Bank and Associate Researcher at EPRG, published an article on world energy poverty in Foreign Affairs magazine. “Some two billion people lack electricity outright or have poor-quality service, and nearly three billion rely on dirty fuels, such as firewood and animal dung, for cooking and heating. Nearly 90 percent of… Continue Reading
Chi Kong Chyong was quoted in AzerNews, daily newspaper in Azerbaijan, on his perception about different suppliers of gas to Europe, including Caspian Region, as a solution to EU energy problem due to the crisis in Ukraine. “The Turkish Stream is as about bypassing Ukraine as it is about foreclosing competition from Caspian gas, particular coming from Azerbaijan and… Continue Reading
Robert Ritz gave a presentation Prices and Trade In Global Gas & LNG Markets during ‘Invited Talk’ session at ESCP European Business School, London Campus, on 10 February 2015 | PDF Continue Reading