Category Archives: News

CEEPR & EPRG European Energy Policy Conference
Brussels, 1-2 September 2022

EPRG is pleased to announce our successful 2022 EPRG & CEEPR European Energy Policy Conference. This year the conference was held in strategic partnership with EDF. It took place at Sparks Building, Rue Ravenstein 60, in Brussels, Belgium, on 1 – 2 September 2022 and comprised of 1,5 day of sessions and dinner.

PROGRAMME

Thursday 1 September

Welcome and Announcements

Christopher R. Knittel (MIT)
David Newbery (EPRG)


Session 1: NET ZERO SCENARIOS: WHAT DO (AND DON’T) THEY TELL US?


Chaired by Marc Oliver Bettzüge (EWI)


François Dassa (EDF)

Sergey Paltsev (MIT)



Session 2: ENERGY SECURITY IN AN EVOLVING GEOPOLITICAL CONTEXT


Chaired by Joshua Hodge (MIT)

Chi Kong Chyong (EPRG) (remotely)
Tim Schittekatte (MIT)


Session 3: POLICY ROUNDTABLE: NAVIGATING ENERGY MARKETS IN TURBULENT TIMES


Chaired by Michael A. Mehling (MIT)

Christopher R. Knittel (MIT)
Andrei Marcu (ERCST)
Dermot Nolan (EPRG
)

Session 4: RETHINKING ELECTRICITY MARKET DESIGN AND PRICING


Chaired by Robert Ritz (EPRG)

Richard L. Schmalensee (MIT) (remotely)
Paul L. Joskow (MIT) (remotely)
David M. Newbery (EPRG)


Friday, 2 September


Session 5: TECHNOLOGY OPTIONS FOR DECARBONIZATION AND RESILIENCE


Chaired by David Reiner (EPRG)

Emre Gençer (MIT) (remotely)
Simon Taylor (EPRG)


Session 6: PRICING CARBON: IS IT USEFUL?


Chaired by Christopher R. Knittel (MIT)

Gilbert E. Metcalf (MIT)

Robert Ritz (EPRG)


Closing Remarks

Christopher R. Knittel (MIT) & David Newbery (EPRG)

“The Energy Market in Time of War” by Michael G. Pollitt

Prof. Michael G. Pollitt assistant director at the Energy Policy Research Group, University of Cambridge and academic co-director at the Centre on Regulation in Europe (CERRE), authored the “The Energy Market in Time of War”  that was published in The Centre on Regulation in Europe on 7 September 2022. You can read this article here Continue Reading

EPRG is pleased to announce our successful 2022 EPRG & CEEPR International Energy Policy Conference “Strategies for 2050 Carbon Neutrality in East Asia” Seoul, 2022

PROGRAMME Monday, 27 June 2022 Welcome and AnnouncementsChristopher R. Knittel (MIT)Michael Pollitt (EPRG)Yong Tae Yoon (SNU) KEYNOTE SPEECHPresident & CEO Seung-Il Cheong (KEPCO) KEYNOTE SPEECHCEO & Chairman Dong Hee Jung (KPX) NET-ZERO SCENARIOS OF MAJOR COUNTRIESChaired by David Reiner (EPRG) Kamiar Mohaddes (EPRG) (virtually)Sergey Paltsev (MIT)Jiyong Eom (KAIST) RESTRUCTURING AND REGULATING THE POWER INDUSTRY FOR… Continue Reading

David Newbery awarded the honorary title of Doctor by Dauphine – PSL

We are delighted to announce that David Newbery (Director of EPRG, Emeritus Professor of Economics, Faculty of Economics, University of Cambridge)  awarded the honorary title of Doctor by Dauphine-PSL on 2 June 2022 by Prof. El Mouhoub Mouhoud, President of Dauphine – PSL, and Prof. Bruno Bouchard, Vice-President of the Scientific Council. Please read more here… Continue Reading

Presentation “The Green Economy and the Path to Net Zero: Implications for Productivity Measurement” by M.Pollitt

Michael Pollitt (Assistant Director, EPRG and Professor of Business Economics, Judge Business School, University of Cambridge) visited the ESCOE Annual Conference in Glasgow on 27 May 2022 and gave a talk on “The Green Economy and the Path to Net Zero: Implications for Productivity Measurement”  You can watch a video of the talk here A shorter interview… Continue Reading

Journal Article “Market Power and Long-term Gas Contracts: The Case of Gazprom in Central and Eastern European Gas Markets”, The Energy Journal, Vol. 44, Number 1, 2022

Chi Kong Chyong, David M Reiner, Dhruvak Aggarwal Market Power and Long-term Gas Contracts: The Case of Gazprom in Central and Eastern European Gas Markets The Energy Journal, Volume 44, Number 1, 2022 Also Published as EPRG WP 2115 Continue Reading

Journal Article “State-level electricity generation efficiency: Do restructuring and regulatory institutions matter in the US?”, Energy Economics, Vol. 104, December 2021

Victor Ajayi and Tom Weyman – Jones State-level electricity generation efficiency: Do restructuring and regulatory institutions matter in the US? Energy Economics, Volume 104, Article Number 105650, December 2021 Continue Reading

Blog: “Energy Transition Policy in Sub-Saharan Africa: Using Ghana as a case study” with R. Debnath

Dr Ramit Debnath (EPRG Associate Researcher) together with others was awarded a Small Grant by the Energy IRC for a project titled: ‘Energy Transition Policy in Sub-Saharan Africa: Using Ghana as a case study’. The blog by Sandile Mtetwa  “Energy Transition Policy in Sub-Saharan Africa: Using Ghana as a case study” was published by Energy… Continue Reading

Op-ed “Russian gas will fund Putin’s war on Ukraine no matter what decisions Europeans might take” by CK Kong

Chi Kong Chyong published an article “Russian gas will fund Putin’s war on Ukraine no matter what decisions Europeans might take” in which he discusses the implications of the Russian invasion of Ukraine. It was published on 8 March 2022 on University of Cambridge website You can read the article here Continue Reading

EPRG Working Paper 2204

Nicholas Gohdes and Paul Simshauser Renewable entry costs, project finance and the role of revenue quality in Australia’s National Electricity Market Gohdes, N. Simshauser, P. & Wilson, C. (2022), “Renewable entry costs, project finance and the role of credit quality in Australia’s National Electricity Market”, EPRG Working Paper 2204. Published: Energy Economics, 2022 Vol.114. https://doi.org/10.1016/j.eneco.2022.106312  Abstract | Non-Technical… Continue Reading

Journal Article “Climate Change and Fiscal Sustainability: Risks and Opportunities”, National Institute Economic Review, Vol 258, 30 December 2021

Matthew Agarwala, Matt Burke, Patrycja Klusak, Kamiar Mohaddes, Ulrich Volz and Dimitri Zenghelis Climate Change and Fiscal Sustainability: Risks and Opportunities National Institute Economic Review, volume 258, pages 28-46, 30 December 2021 Continue Reading

Journal Article: “Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis”, Energy Economics, Vol 104, December 2021

Matthew E. Kahn, Kamiar Mohaddes, Ryan N.C. Ng, M. Hashem Pesaran, Mehdi Raissi, Jui-Chung Yang Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis Energy Economics, volume 104, article # 105624, pages 1-13, December 2021 This article is based on EPRG WP 1925 Continue Reading

2021 EPRG Virtual Winter Seminar

EPRG is pleased to announce our successful 2021 Virtual Winter Seminar. The event took place on 8 and 9 December 2021 and consisted of 4 sessions. The first day concluded with a keynote speech. PROGRAMME 8 DECEMBER 2021 SESSION 1 – Electricity market design Chair: Michael Pollitt (EPRG) David Newbery (EPRG) Designing efficient renewable electricity support… Continue Reading

Journal Articles: Trilogy by S. Littlechild, Utilities Policy, Vol 73, December 2021

Utilities Policy, Volume 73, December 2021, contains a Special Issue on the Liittlechild Trilogy. These are three articles by Stephen Littlechild on the theme of Exploring customer satisfaction in the GB retail energy sector. The first two describe the use of the Trustpilot customer review site, particularly by GB energy suppliers, and the third calculates… Continue Reading

Article “Climate finance: it’ll be cheaper in the long run if poorer countries receive it as a matter of urgency” by K. Mohaddes et al

Kamiar Mohaddes, Matthew Agarwala, Matt Burke and Patrycja Klusak wrote an article “Climate finance: it’ll be cheaper in the long run if poorer countries receive it as a matter of urgency” that was published in The Conversation on 5 November 2021.  In the article, the authors argue that: Climate change will shrink the economies of… Continue Reading

Report “Greenovate for a better environment and economy” by Z. Hasna and K.Mohaddes

Zeina Hasna, Henry-James Hatton and Kamiar Mohaddes wrote a report “Greenovate for a better environment and economy” for KPMG International in November 2021. Drawing on patent data from 92 patent-application authorities (24 million observations) and the last three decades for 43 OECD and BRICS countries (roughly 24 million observations), the report shows that green patent… Continue Reading