Tag Archives: D. Newbery

EPRG 0815

David Newbery Under-pricing electricity and the puzzle of regulatory accounting EPRG 0815 Non-Technical Summary | PDF Abstract: State-owned electricity companies typically set prices that are too low to finance new investment when needed, and which create additional problems where private investment is sought. The paper asks to what extent this can be attributed to historic… Continue Reading

EPRG 1023

David M Newbery Oil Shortages, Climate Change and Collective Action EPRG 1023 | Non-Technical Summary | PDF | Appendix Also published in: Philosophical Transactions of Royal Society Publishing A, 13 May 2011 vol. 369 (1942), pp1748-1761 – Text Abstract: Concerns over future oil scarcity might not be so worrying but for the high carbon content of… Continue Reading

EPRG 1011

David M. Newbery A Nuclear Future? UK Government Policy and the Role of the Market EPRG 1011 | Non-Technical Summary | PDF Also published in: Economic Affairs 30 (2) 2010, 21-27. Available at Wiley InterScience Abstract: Meeting carbon targets requires decarbonising electricity. The least cost strategy involves nuclear power. In a liberalised electricity market, the… Continue Reading

EPRG 1007

Pär Holmberg and David Newbery The supply function equilibrium and its policy implications for wholesale electricity auctions EPRG 1007  | Non-Technical Summary | PDF Also published in: Holmberg, P. and Newbery, D. M. (2010), “The Supply Function Equilibrium and its Policy Implications for Wholesale Electricity Auctions”, Utilities Policy 18(4), pp 209-226 | Text Abstract: The… Continue Reading

EPRG 1126

David Newbery Reforming Competitive Electricity Markets to Meet Environmental Targets EPRG 1126  | Non-Technical Summary | PDF Abstract: The UK and other EU countries are concerned to deliver secure, sustainable and affordable electricity, to meet challenging targets for decarbonisation and renewable energy. The UK Government has consulted and concluded that the present electricity market arrangements… Continue Reading

EPRG 1120

David Newbery Contracting for wind generation EPRG1120  | Non-Technical Summary | PDF Also published in: Economics of Energy & Environmental Policy , 1(2) EPRG 1120 Abstract: The UK Government proposes offering long-term Feed-in-Tariffs (FiTs) to low-carbon generation to reduce risk and encourage new entrants. Their preference is for a Contract-for-Difference (CfD) or a premium FiT… Continue Reading

David Newbery

David Newbery, C.B.E., F.B.A. Director of EPRG, Emeritus Professor of Economics, Faculty of Economics, University of Cambridge Sc.D. (Cantab.) Ph.D. (Cantab.) M.A. (Cantab.) Email: [email protected] Tel: +44 (0)1223 335248 Address: Faculty of Economics, Sidgwick Ave, Cambridge Research Projects: TSEC 1, CESSA Research Interests: Liberalization, privatisation, competition and regulation in network industries, particularly electricity; Transmission access… Continue Reading

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