David Newbery Policies for decarbonizing a liberalized power sector Continue Reading
David Newbery Policies for decarbonizing a liberalized power sector Continue Reading
Olaf Corry and David Reiner It’s the Society, Stupid! Communicating Emergent Climate Technologies in the Internet Age Continue Reading
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 “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
Kamiar Mohaddes and Mehdi Raissi The U.S. Oil Supply Revolution and the Global Economy Continue Reading
Arjun Mahalingam and David Reiner Energy Subsidies at Times of Economic Crisis: A Comparative Study and Scenario Analysis of Italy and Spain Continue Reading
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
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
David Newbery The long-Run Equilibrium Impact of Intermittent Renewables on Wholesale Electricity Prices Continue Reading
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
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
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
Chi Kong Chyong Markets and long-term contracts: The case of Russian gas supplies to Europe Continue Reading
Pär Holmberg and Frank Wolak Electricity markets: Designing auctions where suppliers have uncertain costs 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
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
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