Paul Simshauser Price discrimination and the modes of failure in deregulated retail electricity markets Abstract | Non-Technical Summary | PDF Continue Reading
Paul Simshauser Price discrimination and the modes of failure in deregulated retail electricity markets Abstract | Non-Technical Summary | PDF Continue Reading
Robert Ritz, EPRG Assistant Director, University of Cambridge, and Arthur van Benthem, Wharton School, University of Pennsylvania, published an article “Europe should learn from California’s carbon trading” in The Hill on 5 September 2018. The full text of the article can be read here Continue Reading
Sinan Küfeoğlu, Michael Pollitt & Karim Anaya Electric Power Distribution in the World: Today and Tomorrow Abstract | Non-Technical Summary | PDF Continue Reading
Sinan Küfeoğlu, Niyazi Gündüz, Hao Chen and Matti Lehtonen Shadow Pricing of Electric Power Interruptions for Distribution System Operators in Finland Abstract | Non-Technical Summary | PDF Continue Reading
Peiyang Guo, Jacqueline CK Lam, and Victor OK Li A novel machine learning approach for identifying the drivers of domestic electricity users’ price responsiveness Abstract | Non-Technical Summary | PDF Continue Reading
Manuel Llorca, Ana Rodríguez-Álvarez, Tooraj Jamasb Objective vs. Subjective Fuel Poverty and Self-Assessed Health Abstract | Non-Technical Summary | PDF Continue Reading
Robert Ritz, EPRG Assistant Director, University of Cambridge, and Arthur van Benthem, Wharton School, University of Pennsylvania, published an article “Don’t backpedal on the CO2 price floor” in the leading Dutch newspaper De Volkskrant on 7 August 2018. To read the article in Dutch, please click here Continue Reading
Niyazi Gündüz, Sinan Küfeoğlu, Christian Winzer and Matti Lehtonen Regional Differences in Economic Impacts of Power Outages in Finland Abstract | Non-Technical Summary | PDF Continue Reading
Kamiar Mohaddes was quoted in the article “Oil Price Fluctuations: Can Egypt’s Economy Stand the Strain?” by Mahinaz El-Baz in Egypt Oil & Gas newspaper on 11 July 2018. The full text of the article can be viewed here Dr. Mohaddes published EPRG WP#1604 on the subject. Continue Reading
Robert Ritz, EPRG Assistant Director, University of Cambridge, and Arthur van Benthem, Wharton School, University of Pennsylvania, published an article “Europe needs a minimum price on carbon emissions” in Handelsblatt Global, on 25 July 2018. The full text of the article can be read here. Continue Reading
Sinan Kufeoglu, Niyazi Gunduz, Hao Chen, and Matti Lehtonen Shadow Pricing of Electric Power Interruptions for Distribution System Operators in Finland Energies 2018, Volume 11, Issue 7, 12 July 2018 Continue Reading
David Newbery published an article “Evaluating the case for supporting renewable electricity” on Vox Cepr Policy Portal on 20 July 2018. To read the article, please click here Continue Reading
EPRG is pleased to announce our successful 2018 CEEPR/EPRG Annual Conference with support from EnBW. The Conference took place in Kalkscheune, in Berlin, Germany, on 2 – 3 July and comprised of 1,5 day of sessions and dinner. Continue Reading
Paul Simshauser Missing money, missing policy and Resource Adequacy in Australia’s National Electricity Market Abstract | Non-Technical Summary | PDF Continue Reading
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 Continue Reading
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
Robert Ritz gave a presentation “When is a carbon price floor desirable?” to the French arm of the International Association for Energy Economics (IAEE) at a special event on carbon price floors held at Paris Dauphine University on 4 July 2018 | PDF Continue Reading
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
David Newbery Evaluating the case for supporting renewable electricity Energy Policy, Volume 120, September 2018, Pages 684-696 Earlier version EPRG Working Paper #1706 Continue Reading
Xiao-Yan Liu, Li-Qiu Liu, Bai-Chen Xie, Michael G. Pollitt Does environmental heterogeneity affect the productive efficiency of grid utilities in China? Abstract | Non-Technical Summary | PDF Continue Reading
Hao Chen, Chi Kong Chyong, Jia-Ning Kang, Yi-Ming Wei Economic dispatch in the electricity sector in China: potential benefits and challenges ahead Abstract | Non-Technical Summary | PDF Continue Reading
David Newbery gave a presentation “UK Electricity Market Reform and the Energy Transition: Emerging Lessons” at 41st International IAEE Conference in Groningen, The Netherlands, on 12 June 2018 | PDF Continue Reading
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
Victor Ajayi and David Reiner European Industrial Energy Intensity: The Role of Innovation 1995-2009 Abstract | Non-Technical Summary | PDF Continue Reading
Michael Grubb and David Newbery UK Electricity Market Reform and the Energy Transition: Emerging Lessons Abstract | Non-Technical Summary | PDF Also published in The Energy Journal 39(6) 1-24 | Text Continue Reading
David Newbery, David Reiner, and Robert Ritz When is a carbon price floor desirable? Abstract | Non-Technical Summary | PDF Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership“, based on this paper, can be read here Continue Reading
Michael Pollitt The European Single Market in Electricity: An Economic Assessment Abstract | Non-Technical Summary | PDF Continue Reading
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
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
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
Sinan Kufeoglu and Michael Pollitt The impact of PVs and EVs on Domestic Electricity Network Charges: a case study from Great Britain Abstract | Non-Technical Summary | PDF Also published as a journal article in Energy Policy, Volume 127, April 2019, pp 412-424 | Text Continue Reading
Stephen Littlechild Competition, regulation and price controls in the GB retail energy market Utilities Policy, Volume 52, June 2018, Pages 59-69 Continue Reading
Mohammad Hesamzadeh, Par Holmberg, Mahir Sarfati Simulation and Evaluation of Zonal Electricity Market Design Abstract | Non-Technical Summary | PDF Continue Reading
Ibrahim Abada, Andreas Ehrenmann, Xavier Lambin Unintended consequences: The snowball effect of energy communities Abstract | Non-Technical Summary | PDF Continue Reading
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
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
Jacqueline CK Lam, Victor OK Li, David M. Reiner, Yang Han, and Shan Shan Wang Trust in Government and Effective Nuclear Safety Governance in Great Britain Abstract | Non-Technical Summary | PDF Continue Reading
Hao Yu, David M. Reiner, Hao Chen, Zhifu Mi A comparison of public preferences for different low-carbon energy technologies: Support for CCS, nuclear and wind energy in the United Kingdom Abstract | Non-Technical Summary | PDF Continue Reading
Tooraj Jamasb, Manuel Llorca, Pavan Khetrapal, Tripta Thakur Institutions and Performance of Regulated Firms: Evidence from Electric Utilities in the Indian States Abstract | Non-Technical Summary | PDF Continue Reading
Kamiar Mohaddes and Mehdi Raissi’s paper “Can Sovereign Wealth Funds Mitigate the Negative Impact of Volatility?” is published in Economic Research Forum Policy Brief #31 in March 2018. The full text can be found here Continue Reading
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
Michael Grubb, Jean-Francois Mercure, Pablo Salas, Rutger-Jan Lange, Ida Sognnaes Systems Innovation, Inertia and Pliability: A mathematical exploration with implications for climate change abatement Abstract | Non-Technical Summary | PDF Continue Reading
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
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
Robert Ritz gave a keynote on “Global gas markets and the future of natural gas” at the 2018 Energy Transitions Conference at NTNU Trondheim, Norway, on 27 February 2018 | PDF Continue Reading
Michael Pollitt, Chung-Han Yang and Hao Chen Restructuring the Chinese Electricity Supply Sector: An assessment of the market pilot in Guangdong Province Abstract | Non-Technical Summary | PDF The Chinese version of this paper can be viewed here Continue Reading
Natalia Fabra A Primer on Capacity Mechanisms Abstract | Non-Technical Summary | PDF Continue Reading
Mengfei Jiang, Xi Liang, David Reiner, Boqiang Lin and Maosheng Duan Stakeholder Views on Interactions between Low-carbon Policies and Carbon Markets in China: Lessons from the Guangdong ETS Abstract | Non-Technical Summary | PDF Continue Reading
Karim Anaya and Michael Pollitt Storage Business Models: Lessons for Electricity from Natural Gas, Cloud Data and Frozen Food Abstract | Non-Technical Summary | PDF Continue Reading
Geoffroy Dolphin and Michael Pollitt International Spillovers and Carbon Pricing Policies Abstract | Non-Technical Summary | PDF This WP was revised in March 2019 and replaced the old version. Continue Reading