Francisco Castellano Ruz and Michael G. Pollitt Overcoming barriers to electrical energy storage: Comparing California and Europe Continue Reading
Category Archives: News
EPRG Working Paper 1613
Thomas Greve and Michael Pollitt A VCG Auction for Electricity Storage Continue Reading
Article “The Folly of Hinkley” by S. Taylor
Simon Taylor, Director of the Master of Finance Programme, Judge Business School, University of Cambridge, and EPRG Associate Researcher, published an article “The Folly of Hinkley” in Prospect magazine on 21 April 2016. To read the article, please click here. Continue Reading
Presentation ” Strategic investment, multimarket interaction and competitive advantage: An application to the natural gas industry” by R. Ritz
Robert Ritz gave a presentation ” Strategic investment, multimarket interaction and competitive advantage: An application to the natural gas industry” during the Seminar in Energy Economics, at Ecole des Mines & Paris Dauphine, France, on 13 April 2016 | PDF Continue Reading
Professor Sir David MacKay (22 April 1967 – 14 April 2016)
We were saddened by the death of our colleague and associate Sir David MacKay, Regius Professor of Engineering at Cambridge, DECC’s former Chief Scientific Advisor, on 14 April 2016 at the age of 48. The Secretary of State for Energy and Climate Change, Amber Rudd, posted that “David was the model of a scientist in… Continue Reading
Article “What is needed for battery electric vehicles to become socially cost competitive?” by D. Newbery and G. Strbac
The article “What is needed for battery electric vehicles to become socially cost competitive?” by David Newbery and Goran Strbac was published on ScienceDirect website on 6 April 2016. To read the article in PDF, please click here. To access the online version (available till 26 May 2016), please click here Continue Reading
Comment on Future of Nuclear Industry, House of Commons Select Committee, by S. Taylor
Simon Taylor, Director of the Master of Finance Programme, Judge Business School, University of Cambridge, and EPRG Associate Researcher, was invited to the House of Commons Select Committee on Energy and Climate Change to give evidence on the future of the Nuclear Power and Hinkley Project industry on 23 March, 2016. To listen to the recording, please… Continue Reading
Article “Hinkley Point is a costly mistake, but only France can pull the plug” by S. Taylor
Simon Taylor, Director of the Master of Finance Programme, Judge Business School, University of Cambridge, and EPRG Associate Researcher, published an article “Hinkley Point is a costly mistake, but only France can pull the plug” in The Guardian on 14 March 2016. “Vincent de Rivaz, chief executive of EDF Energy, once boasted that British customers would… Continue Reading
EPRG Working Paper 1612
Alberto Behar and Robert A. Ritz OPEC vs US shale oil: Analyzing the shift to a market-share strategy Continue Reading
EPRG Working Paper 1611
Musiliu O. Oseni and Michael G. Pollitt The prospects for smart energy prices: observations from 50 years of residential pricing for fixed line telecoms and electricity Continue Reading
EPRG Working Paper 1610
Robert A. Ritz How does renewables competition affect forward contracting in electricity markets? Continue Reading
EPRG Working Paper 1609
Karsten Neuhoff, Nolan Ritter, Aymen Salah-Abou-El-Enien and Philippe Vassilopoulos Intraday Markets for Power: Discretizing the Continuous Trading? Continue Reading
Book “The Fall and Rise of Nuclear Power in Britain” by S. Taylor
Simon Taylor, Director of the Master of Finance Programme, Judge Business School, University of Cambridge, and EPRG Associate Researcher, published his new book “The Fall and Rise of Nuclear Power in Britain”. The book is now available here. The review of the book in the latest Nature Energy by Prof Gordon Mackerron can be read… Continue Reading
Report “Delivering future-proof energy infrastructure” by M. Pollitt
The report “Delivering future-proof energy infrastructure” written by Goran Strobac, Ioannis Konstantelos, Michael Pollitt and Richard Green for the National Infrastructure Commission was mentioned in BBC Business News in the article Smart energy could save £8bn a year, say advisers by Roger Harrabin on 4 March 2016. To read the article, please click here To read the… Continue Reading
EPRG Working Paper 1608
Michael Pollitt A Global Carbon Market? Continue Reading
Executive Summary of Climate Change and Energy After Paris Conference, 22 January 2016, Cambridge
The Executive Summary of the Conference What Now? Climate Change and Energy After Paris that took place in Selwyn College, University of Cambridge, on 22 January 2016. The full text of the Summary can be found here. Continue Reading
S. Taylor quoted in “What’s the (Hinkley) Point?”, The Economist, 27 February 2016
The new book ” The Fall and Rise of Nuclear Power in Britain” by Simon Taylor was featured in the article What’s the (Hinkley) Point? published in The Economist on 27 February 2016. To read the article, please click here Continue Reading
EPRG Working Paper 1607
David Newbery Policies for decarbonizing a liberalized power sector Continue Reading
EPRG Working Paper 1606
Olaf Corry and David Reiner It’s the Society, Stupid! Communicating Emergent Climate Technologies in the Internet Age Continue Reading
EPRG Working Paper 1605
Janusz Brzeszczyński, Binam Ghimire, Tooraj Jamasb, and Graham McIntosh Socially Responsible Investment and Market Performance: The Case of Energy and Resource Firms Continue Reading
Stephen Littlechild’s latest contribution to CMA’s current Energy market investigation
Stephen Littlechild’s latest contribution to CMA’s current Energy market investigation “The CMA energy market investigation, the well-functioning market, Ofgem, Government and behavioural economics“. This paper is forthcoming in the European Competition Journal, March 2016. Executive Summary | Text Continue Reading
EPRG Working Paper 1604
Kamiar Mohaddes and Mehdi Raissi The U.S. Oil Supply Revolution and the Global Economy Continue Reading
EPRG Working Paper 1603
Arjun Mahalingam and David Reiner Energy Subsidies at Times of Economic Crisis: A Comparative Study and Scenario Analysis of Italy and Spain Continue Reading
Comment on Effect of El Niño on CCTV by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, was invited as a panelist on the programme The Heat: El Niño and its Global Effects broadcast on 21 January 2016 on CCTV America. To view the programme, please click here Continue Reading
EPRG Working Paper 1602
Chi Kong Chyong and Roman Kazmin The Economics of Global LNG Trade: The Case of Atlantic and Pacific Inter-Basin Arbitrage in 2010-2014 Continue Reading
EPRG Working Paper 1601
David Newbery The long-Run Equilibrium Impact of Intermittent Renewables on Wholesale Electricity Prices Continue Reading
David MacKay Received Knighthood for His Work in Energy and Climate Change
David MacKay, Regius Professor of Engineering, Cambridge University Engineering Department, lately Chief Scientific Advisor at DECC, and EPRG Associate Researcher, has been awarded a Knighthood in the 2016 New Year Honours List for “services to Scientific Advice in Government and Science Outreach”. Congratulations to Professor MacKay! We at EPRG are very proud to count him as one of… Continue Reading
Comment on effects of El Niño on BBC by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, was interviewed by BBC World Service on 30 December 2015. The interview covered Dr. Mohaddes’s recent research on El Niño and its economic effects around the world. The interview can be found here (5:36 min onwards) Continue Reading
EPRG Working Paper 1525
Thomas Triebs and Michael Pollitt The Direct Costs and Benefits of US Electric Utility Divestitures Abstract | Non-Technical Summary | PDF Note: This Working Paper replaces EPRG WP#1024 Continue Reading
EPRG Working Paper 1524
Chi Kong Chyong Markets and long-term contracts: The case of Russian gas supplies to Europe Continue Reading
EPRG Working Paper 1523
Pär Holmberg and Frank Wolak Electricity markets: Designing auctions where suppliers have uncertain costs Continue Reading
EPRG Working Paper 1522
David Newbery and Thomas Greve The robustness of industrial commodity oligopoly pricing strategies Continue Reading
EPRG Working Paper 1521
Edward Anderson and Pär Holmberg Price Instability in Multi-Unit Auctions Continue Reading
Article “Don’t Blame the Abundance of Oil” by K. Mohaddes
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
EPRG Working Paper 1520
Michael Pollitt In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy and Climate Problems Continue Reading
Comment “Response to CMA on Supplemental Remedies” by S. Littlechild
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
Comment on effects of El Niño on CCTV America by K. Mohaddes
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
EPRG Working Paper 1519
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
EPRG Working Paper 1518
Morgan Bazilian and Debabrata Chattopadhyay Considering Power System Planning in Fragile and Conflict States Continue Reading
Report “Regulation of Retail Energy Markets in the UK and Australia” by S. Littlechild
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
Presentation “The Energy Union and the Energiewende” by M. Pollitt
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
Presentation “How to Support Innovation in Network Industries: The Role of Regulators and Competition and the Case of Electricity” by M. Pollitt
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
Presentation “In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy & Climate Problems” by M. Pollitt
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
Presentation “Stimulating Innovation in the Electricity Supply Industry” by D. Newbery
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
Presentation “Energy and the Environment: What’s the Challenge?” by D. Newbery
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
Comment “Snakes and Ladders: price controls and markets. What might the CMA’s provisional findings mean for retail markets in utility services?” by S. Littlechild
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
EPRG Working Paper 1517
Sébastien Phan and Fabien Roques Is the Depressive Effect of Renewables on Power Prices Contagious? A Cross Border Econometric Analysis Continue Reading
EPRG Working Paper 1516
David Newbery Reforming UK Energy Policy to Live Within Its Means Continue Reading
EPRG Working Paper 1515
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
Op-ed “Nord Stream: The Sequel” by C.K. Chyong and D. Reiner
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