Tag: D. Newbery | Energy Policy Research Group

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

Posted on 22 September 2022 by EPRG Admin • 0 Comments

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 Price Guarantee: What principles should the UK Government apply in thinking about how to implement this?” By Michael G. Pollitt, David M. Reiner and David M.G. Newbery

Posted on 15 September 2022 by EPRG Admin • 0 Comments

A new paper from Prof. Michael G. Pollitt, Prof. David Reiner and Prof. David Newbery at the Energy Policy Research Group, University of Cambridge. You can read this article here Continue Reading

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

Posted on 17 June 2022 by EPRG Admin • 0 Comments

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

2022 EPRG Spring Seminar

Posted on 26 May 2022 by EPRG Admin • 0 Comments

EPRG is pleased to announce our successful 2022 Spring Seminar in partnership with Compass Lexecon. On May 5, 2022, EPRG hosted delegates to a dinner at Downing College, and on May 6, 2022, at Robinson College for a full-day seminar. The first day concluded with a keynote speech given by Dr. Simon Taylor. PROGRAMME 6 MAY 2022… Continue Reading

Journal Article “The Cost of Carbon Leakage: Britain’s Carbon Price Support and Cross-border Electricity Trade”, The Energy Journal, Vol. 44, 2022

Posted on 21 March 2022 by EPRG Admin • 0 Comments

Bowei Guo and David Newbery The Cost of Carbon Leakage: Britain’s Carbon Price Support and Cross-border Electricity Trade The Energy Journal, Volume 44, Number 1, 2022 Also Published as EPRG WP 2005 Continue Reading

Presentation “Developing a market to deliver reliable cost-effective decarbonised electricity” by D. Newbery

Posted on 2 March 2022 by EPRG Admin • 0 Comments

David Newbery gave a presentation “Developing a market to deliver reliable cost-effective decarbonised electricity” at the virtual policy conference of Westminster Energy, Environment and Transport Forum on 28 February 2022 | PDF Continue Reading

EPRG Working Paper 2207

Posted on 17 February 2022 by EPRG Admin • 0 Comments

David Newbery Wind, water and wires: evaluating joint wind and interconnector capacity expansions in hydro-rich regions Abstract | Non-Technical Summary | Text Continue Reading

Presentation “Off-shore wind and Interconnectors” by D. Newbery

Posted on 29 November 2021 by EPRG Admin • 0 Comments

David Newbery made a presentation “Off-shore wind and Interconnectors” on 23 April 2020 | PDF Continue Reading

Journal Article: “National Energy and Climate Plans for the island of Ireland: wind curtailment, interconnectors and storage”, Energy Policy, Vol 158, November 2021

Posted on 4 October 2021 by EPRG Admin • 0 Comments

David Newbery National Energy and Climate Plans for the island of Ireland: wind curtailment, interconnectors and storage Energy Policy, volume 158, article #112513, November 2021 Based on EPRG Working Paper 2020 Continue Reading

Journal Article: “The cost of uncoupling GB interconnectors”, Energy Policy, Vol 158, November 2021

Posted on 29 September 2021 by EPRG Admin • 0 Comments

Bowei Guo and David Newbery The cost of uncoupling GB interconnectors Energy Policy, Volume 158, article #112569, November 2021 Also published as EPRG WP#2102 Continue Reading

Policy Brief “Reforming Renewable Electricity Support Schemes” by D. Newbery

Posted on 4 August 2021 by EPRG Admin • 0 Comments

David Newbery published a Policy Brief “Reforming Renewable Electricity Support Schemes” on 2 August 2021. The full text of the brief can be viewed here Continue Reading

Presentation ““Re-coupling” the GB market: the cost of Brexit” by D. Newbery

Posted on 30 March 2021 by EPRG Admin • 0 Comments

David Newbery took part in Florence School of Regulation Regulatory Policy Workshop on 26 March 2021 where he made a presentation ““Re-coupling” the GB market: the cost of Brexit” | PDF Continue Reading

Presentation “Club Goods and a ‘Tragedy of the Commons'” by D. Newbery

Posted on 26 March 2021 by EPRG Admin • 0 Comments

David Newbery gave a presentation “Club Goods and a ‘Tragedy of the Commons’” at IAEE webinar on 24 March 2021 | PDF The podcast is available here Continue Reading

EPRG Working Paper 2107

Posted on 22 March 2021 by EPRG Admin • 0 Comments

David Newbery Designing an incentive-compatible efficient Renewable Electricity Support Scheme Abstract | Non-Technical Summary | Text This WP was first published in March 2021 as “Designing efficient Renewable Electricity Support Schemes“. It was revised in July 2021, also revised in March 2022. Continue Reading

EPRG Working Paper 2102

Posted on 1 March 2021 by EPRG Admin • 0 Comments

Bowei Guo and David Newbery The cost of uncoupling GB interconnectors Abstract | Non-Technical Summary | Text First published in March 2021, updated in September 2021 Also published in Energy Policy, Volume 158, article #112569, November 2021 Continue Reading

Journal Article: “The political economy of carbon pricing: a panel Analysis”, Oxford Economic Papers, Vol 72(2), July 2020

Posted on 7 January 2021 by EPRG Admin • 0 Comments

G. Dolphin, M. Pollitt and D. Newbery The political economy of carbon pricing: a panel Analysis Oxford Economic Papers, volume #72(2), pages 472–500, 10 July 2020 Continue Reading

Journal Article: “The impact of a Carbon Tax on the CO2 emissions reduction of wind”, The Energy Journal, Vol 41, 2020

Posted on 6 January 2021 by EPRG Admin • 0 Comments

K. Chyong, B. Guo, and D. Newbery The impact of a Carbon Tax on the CO2 emissions reduction of wind The Energy Journal, volume 41, issue 1, pages 1-31, 2020 Based on EPRG WP#1904 Continue Reading

Journal Article: “The cost of uncoupling”, Nature Energy, Vol 5, February 2020

Posted on 6 January 2021 by EPRG Admin • 0 Comments

David Newbery The cost of uncoupling Nature Energy, volume 5, pages 187-188, February 2020 Continue Reading

Journal Article: “Measuring inefficiency in international electricity trading”, Energy Policy, Vol 143, August 2020

Posted on 6 January 2021 by EPRG Admin • 0 Comments

G. Montoya, B. Guo, D. Newbery, P.E. Dodds, G. Lipman, G. Castagneto Gissey Measuring inefficiency in international electricity trading Energy Policy, vol. 143, pages 1-12 Based on EPRG WP#1932 Continue Reading

EPRG Working Paper 2036

Posted on 9 December 2020 by EPRG Admin • 0 Comments

David Newbery Club goods and a tragedy of the commons: the Clean Energy Package and wind curtailment Abstract | Non-Technical Summary | Text Previously published as “The distortionary cost of marginal wind curtailment” on 1 December 2020, this paper was revised and renamed in January 2021 An updated version of WP2036 published in April 2022… Continue Reading

EPRG Working Paper 2024

Posted on 2 September 2020 by EPRG Admin • 0 Comments

David Newbery Transport policy for a post-Covid UK Abstract | Non-Technical Summary | Text Continue Reading

Article “Transport policy for a post-Covid19 UK” by D. Newbery

Posted on 19 August 2020 by EPRG Admin • 0 Comments

David Newbery wrote an article “Transport policy for a post-Covid19 UK” for Bennett Institute for Public Policy, University of Cambridge, that was published as a blogpost in August 2020 The full text can be viewed here Continue Reading

EPRG Working Paper 2020

Posted on 21 July 2020 by EPRG Admin • 0 Comments

David Newbery Implications of the National Energy and Climate Plans for the Single Electricity Market of the island of Ireland Abstract | Non-Technical Summary | Text Supplement materials Data and model information | Data spreadsheets Also published in Energy Policy, volume 158, November 2021 Continue Reading

EPRG Working Paper 2013

Posted on 20 May 2020 by EPRG Admin • 0 Comments

David Newbery The cost of finance and the cost of carbon: a case study of Britain’s only PWR Abstract | Non-Technical Summary | Text Appendix Updated in April 2021. Previously published in May 2020 as “The cost of CO2 abatement from Britain’s only PWR: Sizewell B” Continue Reading

Comment “Net zero and future energy scenarios: A response to the National Infrastructure Commission’s report on future power systems” by D. Newbery

Posted on 26 March 2020 by EPRG Admin • 0 Comments

David Newbery’s latest paper “Net zero and future energy scenarios”: A response to the National Infrastructure Commission’s report on future power systems” | PDF Continue Reading

Comment “Capacity Remuneration Mechanisms or Energy-Only Markets? The case of Belgium’s market reform plan” by D. Newbery

Posted on 24 March 2020 by EPRG Admin • 0 Comments

David Newbery’s paper “Capacity Remuneration Mechanisms or Energy-Only Markets? The case of Belgium’s market reform plan” written in response to a request by the Belgian regulator CREG to comment on their note on the need for a capacity mechanism. The full text can be found here Continue Reading

EPRG Working Paper 2005

Posted on 10 March 2020 by EPRG Admin • 0 Comments

Bowei Guo and David Newbery The cost of carbon leakage: Britain’s Carbon Price Support and cross-border electricity trade Abstract | Non-Technical Summary | Text This Working Paper has replaced EPRG WP#1918 published in June 2019. It was previously published as The Cost of Trade Distortion: Britain’s Carbon Price Support and Cross-border Electricity Trade Also Published… Continue Reading

Journal Article: Energy Policy, Vol 133, 2019

Posted on 27 January 2020 by EPRG Admin • 0 Comments

David Newbery, Giorgio Castagneto Gissey, Bowei Guo, Paul Dodds The private and social value of British electrical interconnectors Energy Policy, October 2019, Volume 133, 110896 Continue Reading

Journal Article: Oxford Economic Papers, Issue July 2019

Posted on 27 January 2020 by EPRG Admin • 0 Comments

Geoffroy Dolphin, Michael Pollitt and David Newbery The Political Economy of Carbon Pricing Policies: A Panel Analysis Oxford Economic Papers, issue July 2019 Continue Reading

Presentation “Financing low carbon energy infrastructure” by D. Newbery

Posted on 22 October 2019 by EPRG Admin • 0 Comments

David Newbery gave a presentation “Financing low carbon energy infrastructure” at the EdF/EPRI Electrification Summit 2019 in Paris on 19 October 2019 | PDF Continue Reading

Presentation “Regulatory Cooperation: Two Countries, One Single Electricity Market” by D. Newbery

Posted on 17 September 2019 by EPRG Admin • 0 Comments

David Newbery gave a presentation “Regulatory Cooperation: Two Countries, One Single Electricity Market” at Economic Objectives of Regulation Conference honouring Professor Catherine Waddams at University of East Anglia on 16 September 2019 | PDF You can read more on this event here Continue Reading

EPRG Working Paper 1932

Posted on 16 September 2019 by EPRG Admin • 0 Comments

L.G. Montoya, B. Guo, D. Newbery, P.E. Dodds, G. Lipman, G. Castagneto Gissey Measuring inefficiency in international electricity trading Abstract | Non-Technical Summary | PDF First published in September 2019, updated in October 2019, revised in February 2020 Published as a journal article in Energy Policy, 2020 Continue Reading

EPRG Working Paper 1926

Posted on 25 July 2019 by EPRG Admin • 0 Comments

David Newbery, Michael Pollitt, David Reiner and Simon Taylor Financing low-carbon generation in the UK: The hybrid RAB model Abstract | Non-Technical Summary | PDF | Appendix B (xls)| Appendix D (xls) Continue Reading

EPRG Working Paper 1924

Posted on 16 July 2019 by EPRG Admin • 0 Comments

Chi Kong Chyong, David Newbery, and Thomas McCarty A Unit Commitment and Economic Dispatch Model of the GB Electricity Market – Formulation and Application to Hydro Pumped Storage Abstract | Non-Technical Summary | PDF Continue Reading

Presentation “Making the case for supporting renewable electricity” by D. Newbery

Posted on 26 June 2019 by EPRG Admin • 0 Comments

David Newbery gave a presentation “Making the case for supporting renewable electricity” at the Energy Ireland 2019 Conference, Croke Park, Dublin on 20-21 June 2019 | PDF Continue Reading

EPRG Working Paper 1918

Posted on 3 June 2019 by EPRG Admin • 0 Comments

Bowei Guo, David Newbery, and Giorgio Castagneto Gissey The Impact of Unilateral Carbon Taxes on Cross-Border Electricity Trading First published on 6 June 2019, updated version published on 25 June 2019. It has been replaced by a new Working Paper EPRG#2005 Continue Reading

Journal Article: The Energy Journal, January 2019

Posted on 16 May 2019 by EPRG Admin • 0 Comments

David Newbery, David Reiner and Robert Ritz The political economy of a carbon price floor for power generation The Energy Journal, Volume 40 (1), January 2019 Continue Reading

EPRG Working Paper 1913

Posted on 15 April 2019 by EPRG Admin • 0 Comments

David Newbery, Giorgio Castagneto Gissey, Bowei Guo, Paul E. Dodds The private and social value of British electrical interconnectors Abstract | Non-Technical Summary | PDF This WP was first published in April 2019 and revised in May 2019 Continue Reading

EPRG Working Paper 1907

Posted on 27 February 2019 by EPRG Admin • 0 Comments

David Newbery Strengths and Weaknesses of the British Market Model Abstract | Non-Technical Summary | PDF Continue Reading

Journal Article: The Energy Journal, 2018, vol 39

Posted on 30 January 2019 by EPRG Admin • 0 Comments

David Newbery What future(s) for liberalized electricity markets: efficient, equitable or innovative? The Energy Journal, volume 39(1), pages 1-27, 2018 Continue Reading

Journal Article: Energy Policy, 2018, vol 113

Posted on 30 January 2019 by EPRG Admin • 0 Comments

David Newbery Shifting demand and supply over time and space to manage intermittent generation: the economics of electrical storage Energy Policy, volume 113, pages 711-720, February 2018 Revised version of EPRG WP#1626 Continue Reading

Journal Article: Renewable and Sustainable Energy Reviews, 2018, vol 91

Posted on 29 January 2019 by EPRG Admin • 0 Comments

David Newbery, Michael Pollitt, Robert Ritz, and Wadim Strielkowski Market design for a high-renewables European electricity system Renewable & Sustainable Energy Reviews, volume 91, pages 695-707, August 2018 Based on EPRG WP#1711 Continue Reading

Journal Article: Economics: The Open-Access, Open-Assessment E-Journal, 2018, vol 2018-40

Posted on 29 January 2019 by EPRG Admin • 0 Comments

David Newbery Policies for decarbonizing a liberalized power sector Economics: The Open-Access, Open-Assessment E-Journal, vol 2018-40, June 2018 Continue Reading

EPRG Working Paper 1904

Posted on 10 January 2019 by EPRG Admin • 0 Comments

Chi Kong Chyong, Bowei Guo, and David Newbery The impact of a Carbon Tax on the CO2 emissions reduction of wind Abstract | Non-Technical Summary | PDF This WP was first published in January 2019 and was revised in May 2019 Also published as a journal article in The Energy Journal Continue Reading

Op-ed “Evaluating the case for supporting renewable electricity” by D. Newbery

Posted on 23 July 2018 by EPRG Admin • 0 Comments

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

Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership” by D. Newbery, D. Reiner and R. Ritz

Posted on 28 June 2018 by EPRG Admin • 0 Comments

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

Journal Article: Energy Policy, 2018, Vol 120

Posted on 26 June 2018 by EPRG Admin • 0 Comments

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

Presentation “UK Electricity Market Reform and the Energy Transition: Emerging Lessons” by D. Newbery

Posted on 20 June 2018 by EPRG Admin • 0 Comments

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

EPRG Working Paper 1817

Posted on 19 June 2018 by EPRG Admin • 0 Comments

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

EPRG Working Paper 1816

Posted on 13 June 2018 by EPRG Admin • 0 Comments

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

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