Tag Archives: D. Newbery

Marchés, Sécurité Energétique et Diversification Technologique – Le Nucléaire comme Couverture, Face aux Risques de Prix du Gaz et du Carbone?

Fabien Roques, David Newbery, William Nuttall, Richard de Neufville Marchés, Sécurité Energétique et Diversification Technologique – Le Nucléaire comme Couverture, Face aux Risques de Prix du Gaz et du Carbone? Revue de L’Energie, (568), pp 373-385, RPR Published November-December 2005 Continue Reading

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International Benchmarking and Regulation of European Gas Transmission Utilities

Tooraj Jamasb, David Newbery, Michael Pollitt, Thomas Triebs International Benchmarking and Regulation of European Gas Transmission Utilities Prepared for The Council of European Energy Regulators (CEER) – Task Force on Benchmarking of Transmission Tariffsu Published 31 July 2008 | Available at energy-regulators.eu Continue Reading

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EP 64

David Newbery Electricity Liberalisation in Britain: the quest for a satisfactory wholesale market design EP 64  | Non-Technical Summary | PDF Abstract: Britain was the exemplar of electricity market reform, demonstrating the importance of ownership unbundling and workable competition in generation and supply. Privatisation created de facto duopolies that supported increasing price-cost margins and induced… Continue Reading

EP 58

Fabien Roques, David Newbery, William Nuttall Generation Adequacy and Investment Incentives in Britain: from the Pool to NETA EP 58  | Non-Technical Summary | PDF Abstract: Three years after the controversial change of the British market design from compulsory Pool with capacity payments to decentralised energy-only New Electricity Trading Arrangements (NETA) market framework, we compare… Continue Reading

EP 48

Karsten Neuhoff, David Newbery Integrating Energy Markets: Does Sequencing Matter? EP 48 | Non-Technical Summary | PDF Abstract: This paper addresses three questions that are relevant to integrating different regional transmission areas. Market integrating normally increases the number of competitors and should therefore reduce prices but the first section shows that prices could rise when… Continue Reading

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EP 47

Torraj Jamasb, Raffaella Mota, David Newbery, Michael Pollitt Electricity Sector Reform in Developing Countries: A Survey of Empirical Evidence on Determinants and Performance EP 47  | Non-Technical Summary | PDF Abstract: This paper reviews the empirical evidence on electricity reform in developing countries. We find that country institutions andsector governance play an important role in… Continue Reading

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EP 46

Torraj Jamasb, David Newbery, Michael Pollitt Core Indicators for Determinants and Performance of Electricity Sector in Developing Countries EP 46 | Non-Technical Summary | PDF Abstract: Since the early 1990s, substantial resources and effort have been spent on implementing market-oriented electricity reform in developing countries. Important sectoral, economic, and social dimensions are involved in electricity… Continue Reading

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EPRG 0510

David Newbery Climate Change Policy and its Effect on Market Power in the Gas Market EPRG 0510  | Non-Technical Summary | PDF Abstract: The European Emissions Trading Scheme (ETS) limits CO2 emissions from covered sectors, especially electricity until December 2007, after which a new set of Allowances will be issued. The paper demonstrates that the… Continue Reading

EPRG 0509

Fabien Roques, William Nuttall, David Newbery, Richard De Neufville Nuclear Power: A Hedge against Uncertain Gas and Carbon Prices? EPRG 0509  | Non-Technical Summary | PDF Abstract: High fossil fuel prices have rekindled interest in nuclear power. This paper identifies specific nuclear characteristics making it unattractive to merchant generators in liberalised electricity markets, and argues… Continue Reading