Michael Pollitt The European Single Market in Electricity: An Economic Assessment Abstract | Non-Technical Summary | PDF Continue Reading
Category Archives: News
K. Mohaddes quoted in Albawaba News
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
EPRG News
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
EPRG Working Paper 1814
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
Journal Article: Utilities Policy, 2018, Vol 52
Stephen Littlechild Competition, regulation and price controls in the GB retail energy market Utilities Policy, Volume 52, June 2018, Pages 59-69 Continue Reading
EPRG Working Paper 1813
Mohammad Hesamzadeh, Par Holmberg, Mahir Sarfati Simulation and Evaluation of Zonal Electricity Market Design Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1812
Ibrahim Abada, Andreas Ehrenmann, Xavier Lambin Unintended consequences: The snowball effect of energy communities Abstract | Non-Technical Summary | PDF Continue Reading
Comment “Competition, Regulation and Price Controls in the GB Retail Energy Market” by S. Littlechild
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
EPRG Working Paper 1811
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
EPRG Working Paper 1810
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
EPRG Working Paper 1809
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
Op-ed “Can Sovereign Wealth Funds Mitigate the Negative Impact of Volatility?” by K. Mohaddes
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
S. Littlechild latest submission to CMA
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
EPRG Working Paper 1808
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
K. Mohaddes quoted in Albawaba News
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
Report “The Regulation of Retail Competition in US Residential Electricity Markets” by S. Littlechild
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
Presentation “Global gas markets and the future of natural gas” by R. Ritz
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
EPRG Working Paper 1807
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
EPRG Working Paper 1806
Natalia Fabra A Primer on Capacity Mechanisms Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1805
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
EPRG Working Paper 1804
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
EPRG Working Paper 1802
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
Article “An energy price cap will damage the industry. Here’s a viable alternative” by S. Littlechild
Stephen Littlechild published an article “An energy price cap will damage the industry. Here’s a viable alternative” in the Daily Telegraph on 9 January 2018 | PDF To read the article online, please click here Continue Reading
Presentation “Competition and the UK Retail Energy Market” by S. Littlechild
Stephen Littlechild gave a presentation “Competition and the UK retail energy market: Lessons for Australia?” during AEC Luncheon Seminar in Park Hyatt, Melbourne, Australia on 29 November 2017 | PDF He also presented “Competition and the UK retail energy market” at Meridian Energy Seminars, Wellington, New Zealand on 23 November 2017 | PDF You can view this presentation here Continue Reading
EPRG Working Paper 1801
Mahmud I. Imam, Tooraj Jamasb, and Manuel Llorca Sector Reforms and Institutional Corruption: Evidence from Electricity Industry in Sub-Saharan Africa Previously published in January 2018 under the title Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa. Updated in May 2018 under a new title. Abstract | Non-Technical Summary | PDF Continue Reading
S. Littlechild latest submission to BEIS
Stephen Littlechild and other former energy regulators of the UK submitted a written evidence to the BEIS Select Committee on pre-legislative scrutiny of the draft domestic gas and electricity (tariff cap) bill in November 2017. The full text can be found here. On 12 December 2017, S. Littlechild gave evidence in person during the Select Committee meeting. The written… Continue Reading
EPRG Working Paper 1721
Ilkka Hannula and David Reiner The race to solve the sustainable transport problem via carbon-neutral synthetic fuels and battery electric vehicles Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1720
Gauthier de Maere d’Aertrycke, Andreas Ehrenmann, Daniel Ralph, and Yves Smeers Risk trading in capacity equilibrium models Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1719
David Newbery Designing an electricity wholesale market to accommodate significant renewables penetration: Lessons from Britain Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1718
Karim Anaya and Michael Pollitt Regulating the Electricity System Operator: Lessons for Great Britain from around the world Abstract | Non-Technical Summary | PDF Continue Reading
Report for Ofgem on International Electricity System Operator Regulation by K.L Anaya & M.G. Pollitt
Report for Ofgem “What can we learn from international comparators about how we should structure an incentives framework for the future GB electricity system operator to help maximise consumer welfare?” by K.L Anaya & M.G. Pollitt Continue Reading
Comment “Will The Market Delivery Security of Gas Supply? The Case of the UK and Italy” by C.K.Chyong
A comment by Chi Kong Chyong regarding the recent price hike in the UK and Europe due to gas supply shortages “Having a market-based solution to a security of supply event, such as the recent one, means that the cost of meeting these unexpected events is as low as possible, while the price for… Continue Reading
Study “Brexit and its implications for British and EU Energy and Climate Policy” by M. Pollitt and C.K. Chyong
Michael Pollitt and Chi-Kong Chyong conducted a study “Brexit and its implications for British and EU Energy and Climate Policy” for Centre on Regulation in Europe (CERRE). It was published by CERRA as a Project Report on 22 November 2017 | PDF Continue Reading
Presentation “Oil Prices and the Global Economy: Is It Different This Time Around?” by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Oil Prices and the Global Economy: Is It Different This Time Around?” at the Conference on “Arab Oil Exporters: Coping with a New Global Oil Order”, at the Arab Fund for Economic and Social Development on 26-27 November 2017 in Kuwait | PDF Continue Reading
EPRG Working Paper 1717
William J. Nuttall, Constantine Samaras, and Morgan Bazilian Energy and the Military: Convergence of Security, Economic, and Environmental Decision-Making Continue Reading
Journal Article: Journal of International Economics, 2017, Vol 106
Kamiar Mohaddes, Paul Cashin and Mehdi Raissi “Fair weather or foul? The macroeconomic effects of El Niño” Journal of International Economics, Volume 106, May 2017, Pages 37-54 Continue Reading
Presentation “Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?” by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?” at the Workshop on New Perspectives on Political Economy of the Middle East that took place at the University of Oxford on 27-28 October 2017 | PDF Continue Reading
Journal Article: Journal of Commodity Markets, 2017, Vol. 8
Kamiar Mohaddes and Mehdi Raissi Do sovereign wealth funds dampen the negative effects of commodity price volatility? Journal of Commodity Markets, Volume 8, December 2017, Pages 18-27 Continue Reading
Journal Article: Energy Economics, 2017, Vol. 68
David Newbery and Thomas Greve The strategic robustness of oligopoly electricity market models Energy Economics, Volume 68, October 2017, Pages 124-132 Continue Reading
EPRG Working Paper 1716
Ibrahim Abada, Andreas Ehrenmann and Xavier Lambin On the viability of energy communities Abstract | Non-Technical Summary | PDF Continue Reading
A Review of Gas Security of Supply within Great Britain’s Gas Market – From the Present to 2035
The UK government has published its strategic assessment and review of GB’s Gas security of supply based on a detailed analysis by CEPA using EPRG’s gas market models. Dr Chi Kong Chyong, EPRG Research Associate & Director of Energy Policy Forum, led the modelling work for this review. A summary of this strategic assessment and… Continue Reading
Article “Implications of the current low oil prices for MENA countries” by K. Mohaddes
Kamiar Mohaddes and Mehdi Raissi published an article “Implications of the current low oil prices for MENA countries” on Economic Research Forum website, on 9 October 2017 ‘Oil importers in the region should not overestimate the positive impact of the decline in oil prices on their economies given considerable uncertainty about the persistence of lower oil… Continue Reading
Presentation “The return to price caps: Where did it all go wrong and how to fix it?” by S. Littlechild
Stephen Littlechild gave a presentation “The return to price caps: Where did it all go wrong and how to fix it?” during Beesley Lectures in London on 5 October 2017 | PDF Continue Reading
EPRG Working Paper 1715
Seung Wan Kim, Michael G. Pollitt, Young Gyu Jin, Jip Kim and Yong Tae Yoon Contractual Framework for the Devolution of System Balancing Responsibility from the Transmission System Operator to Distribution System Operators Continue Reading
EPRG Working Paper 1714
Felix Grey Corporate lobbying for environmental protection Continue Reading
C.K. Chyong quoted in PenzaNews Agency
Chi Kong Chyong was quoted in the article “US anti-Russia sanctions may have negative impact on European energy security” in PenzaNews Agency on 4 August 2017. “While the exporters of gas – Russia and USA – are looking for more customers in the oversupplied market environment, European energy security is at odds: European gas markets are… Continue Reading
Simon Taylor – recipient of the 2017 CJBS Sandra Dawson Research Impact Award
We are delighted to announce that Simon Taylor, EPRG Associate Researcher, is the winner of the 2017 Cambridge Judge Business School Sandra Dawson Research Impact Award. Funded by a generous donation from Professor Dame Sandra Dawson, the annual Research Impact Awards recognise the impact of our research on non-academic stakeholders. Awards are made on the basis… Continue Reading
Article “Energy bill woes are down but support for market intervention remains strong” by D. Reiner
David Reiner and Joel Faulkner Rogers published an article “Energy bill woes are down but support for market intervention remains strong” on YouGov website on 25 July 2017. The full text of the article can be read here Continue Reading
Article “Competition and Price Controls in the UK Retail Energy Market” by S. Littlechild
Stephen Littlechild published an article “Competition and Price Controls in the UK Retail Energy Market” in the Australian Competition and Consumer Commission Network publication on 7 July 2017. This lead article summarises and appraises the last decade of UK retail market regulation. The full text of the article can be read here Continue Reading
Journal Article: Energy Economics, 2017, Vol. 65
Kamiar Mohaddes and Hashem Pesaran Oil prices and the global economy: Is it different this time around? Energy Economics, Volume 65, June 2017, Pages 315-325 Continue Reading