Michael G. Pollitt
Locational Marginal Prices (LMPs) for Electricity in Europe? The Untold Story
Tag Archives: M. Pollitt
EPRG Working Paper 2317
Michael G. Pollitt Energy Markets Under Stress: Some Reflections on Lessons From the Energy Crisis in Europe Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2316
Mei Lu,Michael G. Pollitt, Ke Wang, Yi-Ming Wei The Incremental Impact of China’s Carbon Trading Pilots Abstract | Non-Technical Summary | Text | Supplementary information Continue Reading
EPRG Working Paper 2315
Andrei Covatariu, Daniel Duma, Monica Giulietti, Michael G. Pollitt Toward an operational definition and a methodology for measurement of the active DSO (distribution system operator) for electricity and gas Abstract | Non-Technical Summary | Text | Annex 1 UK Active DSO Mapping Continue Reading
EPRG Working Paper 2302
Chi Kong Chyong, Michael Pollitt, David M. Reiner, Carmen Li Modelling Flexibility Requirements in European 2050 Deep Decarbonisation Scenarios: The role of conventional flexibility and sector coupling options Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2220
Zeenat Hameed, Michael Pollitt, Paul Kattuman, Chresten Træholt Frequency markets and the problem of predictability Abstract | Non-Technical Summary | Text Continue Reading
Michael Pollitt co-authored a report “The European Wholesale Electricity Market: From Crisis to Net Zero” for CERRE that was published on 11 October 2022.
This report aims to examine wholesale electricity market design and the proposed changes and interventions in light of Europe’s current energy crisis and carbon neutrality goals. You can read the report here Continue Reading
The Energy Policy Research Group recently provided two timely new contributions on the future of electricity policy in response to a major government consultation on the subject. In July 2022, the UK Department for Business, Energy, and Industrial Strategy (BEIS) released its Review of Electricity Market Arrangements (REMA), which BEIS described as the ‘biggest electricity market reform in a generation’ and submissions were due on 10 October 2022.
Prof David Newbery, Prof Michael Pollitt, Prof David Reiner and Dr Robert Ritz submitted a response to the REMA Consultation Document Questions going through each of the chapters in detail. Prof David Newbery, EPRG’s director wrote a commentary on the future of UK electricity policy in response to REMA. Continue Reading
EPRG Working Paper 2215
Victor Ajayi and Michael G. Pollitt Green growth and net zero policy in the UK: some conceptual and measurement issues. Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2214
Victor Ajayi and Michael G. Pollitt Changing times: Incentive regulation, corporate reorganisations, and productivity in the Great Britain’s gas networks Abstract | Non -Technical Summary | Text Continue Reading
Report “The Active Distribution System Operator (DSO)”
Michael Pollitt authored a report “The Active Distribution System Operator (DSO)” for CERRE that was published on 27 September 2022. You can read the report here Click here to watch the launch presentation Continue Reading
CEEPR & EPRG European Energy Policy Conference
Brussels, 1-2 September 2022
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… Continue Reading
“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
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
“The Energy Market in Time of War” by Michael G. Pollitt
Prof. Michael G. Pollitt assistant director at the Energy Policy Research Group, University of Cambridge and academic co-director at the Centre on Regulation in Europe (CERRE), authored the “The Energy Market in Time of War” that was published in The Centre on Regulation in Europe on 7 September 2022. You can read this article here Continue Reading
EPRG Working Paper 2213
Tianyu Li, Ciwei Gao, Michael G. Pollitt, Tao Chen and Hao Ming Measuring the effects of power system reform in Jiangsu province, China from the perspective of Social Cost Benefit Analysis Abstract | Non -Technical Summary | Text Continue Reading
EPRG is pleased to announce our successful 2022 EPRG & CEEPR International Energy Policy Conference “Strategies for 2050 Carbon Neutrality in East Asia” Seoul, 2022
PROGRAMME Monday, 27 June 2022 Welcome and AnnouncementsChristopher R. Knittel (MIT)Michael Pollitt (EPRG)Yong Tae Yoon (SNU) KEYNOTE SPEECHPresident & CEO Seung-Il Cheong (KEPCO) KEYNOTE SPEECHCEO & Chairman Dong Hee Jung (KPX) NET-ZERO SCENARIOS OF MAJOR COUNTRIESChaired by David Reiner (EPRG) Kamiar Mohaddes (EPRG) (virtually)Sergey Paltsev (MIT)Jiyong Eom (KAIST) RESTRUCTURING AND REGULATING THE POWER INDUSTRY FOR… Continue Reading
Report “Retail Energy Markets Under Stress” by M. Pollitt
Michael Pollitt co-authored a report “Retail Energy Markets Under Stress” for CERRE that was published on 13 July 2022. You can read the report here This report was presented at CERRE webinar on 14 July 2022 Continue Reading
Presentation “The Green Economy and the Path to Net Zero: Implications for Productivity Measurement” by M.Pollitt
Michael Pollitt (Assistant Director, EPRG and Professor of Business Economics, Judge Business School, University of Cambridge) visited the ESCOE Annual Conference in Glasgow on 27 May 2022 and gave a talk on “The Green Economy and the Path to Net Zero: Implications for Productivity Measurement” You can watch a video of the talk here A shorter interview… Continue Reading
2022 EPRG Spring Seminar
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
Podcast “Power To The People” with M. Pollitt
Michael Pollitt took part in a podcast “Power To The People” by Byline Times on 9 February 2022. To listen to the podcast please click here Continue Reading
Comment “Reflections on Energy Market Design” by M. Pollitt
Comment “Reflections on Energy Market Design” by Michael Pollitt was published by CERRE on 12 January 2022. You can read the comment here Continue Reading
Journal Article “The Role of Regulators in Promoting the Procurement of Flexibility Services within the Electricity Distribution System: A Survey of Seven Leading Countries”, Energies, Vol 14(14), July 2021
Karim Anaya and Michael Pollitt The Role of Regulators in Promoting the Procurement of Flexibility Services within the Electricity Distribution System: A Survey of Seven Leading Countries Energies, volume 14(14), 6 July 2021 Continue Reading
Journal Article “How to Procure Flexibility Services within the Electricity Distribution System: Lessons from an International Review of Innovation Projects”, Energies, Vol 14 (15), July 2021
Karim Anaya and Michael Pollitt How to Procure Flexibility Services within the Electricity Distribution System: Lessons from an International Review of Innovation Projects Energies, volume 14(15), 26 July 2021 Continue Reading
EPRG Working Paper 2201
Karim L. Anaya, Monica Giulietti and Michael G. Pollitt Where next for the electricity distribution system operator? Evidence from a survey of European DSOs and National Regulatory Authorities Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2126
Victor Ajayi, Karim Anaya and Michael Pollitt Incentive regulation, productivity growth and environmental effects: the case of electricity networks in Great Britain Abstract | Non-Technical Summary | Text Continue Reading
Report “Data Centres and the Grid – Greening ICT in Europe” by M. Pollitt
Michael Pollitt co-authored a report “Data Centres and the Grid – Greening ICT in Europe” for CERRE that was published on 13 October 2021. You can read the report here This report was presented at CERRE webinar on 13 October 2021 Continue Reading
EPRG Working Paper 2124
Karim L. Anaya and Michael G. Pollitt An evaluation of a local reactive power market: the case of Power Potential Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2120
Michael Pollitt The further economic consequences of Brexit: energy Abstract | Non-Technical Summary | Text Continue Reading
M. Pollitt and K. Anaya quoted in Energy Monitor
Michael Pollitt and Karim Anaya were quoted in the article “Why state control of the UK power system can help drive the energy transition” by Michael Goodier published in Energy Monitor on 17 August 2021. The full text of the article can be viewed here Continue Reading
Podcast on EU Emission Trading System with M. Pollitt
Michael Pollitt recorded a podcast on EU Emission Trading System organized by Centre on Regulation in Europe (CERRE) and hosted by CERRE’s Head of Energy & Sustainability, Albéric Mongrenier. You can listen to the podcast here Continue Reading
EPRG Working Paper 2119
Michael G. Pollitt and Geoffroy G. Dolphin Should the EU ETS be extended to road transport and heating fuels? Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2111
Michael G Pollitt Measuring the Impact of Electricity Market Reform in a Chinese Context Abstract | Non-Technical Summary | Text Continue Reading
Op-ed “Sealing the carbon cap: why EU climate policy needs an extended ETS” by M. Pollitt and G. Dolphin
Michael Pollitt and Geoffroy Dolphin published an article “Sealing the carbon cap: why EU climate policy needs an extended ETS” on CERRE website on 24 March 2021. You can read the article here Continue Reading
Online event “Welcoming new entrants in electricity markets” with M. Pollitt
Michael Pollitt participated in the online event “Welcoming new entrants in electricity markets” organised by Florence School of Regulation as part of their Insights Series on 24 February 2021. The highlights of the event can be viewed here Continue Reading
Journal Article: “The political economy of carbon pricing: a panel Analysis”, Oxford Economic Papers, Vol 72(2), July 2020
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: “Reactive power procurement: A review of current trends”, Applied Energy, Vol 270, July 2020
K. Anaya and M. Pollitt Reactive Power Procurement: A Review of current trends Applied Energy, volume 270, article #114939, 15 July 2020 Continue Reading
Report “Regulation and policies for local flexibility markets: Current and future developments in seven leading countries” by K. Anaya and M. Pollitt
Karim Anaya and Michael Pollitt wrote a report “Regulation and policies for local flexibility markets: Current and future developments in seven leading countries” for Scottish & Southern Electricity Networks (SSEN), as a result of their participation in Project MERLIN. The report was published on Project MERLIN website in November 2020. This report investigates stakeholder opinion… Continue Reading
Report “A Review of International Experience in the use of smart electricity platforms for the procurement of flexibility services (Part 2 – Main Findings)” by K. Anaya and M. Pollitt
Karim Anaya and Michael Pollitt wrote a report “A Review of International Experience in the use of smart electricity platforms for the procurement of flexibility services (Part 2 – Main Findings)” for Scottish & Southern Electricity Networks (SSEN), as a result of their participation in Project MERLIN. The report was published on Project MERLIN website… Continue Reading
Report “A review of international experience in the use of smart electricity platforms for the procurement of flexibility services (Part 1)” by K. Anaya and M. Pollitt
Karim Anaya and Michael Pollitt wrote a report “A review of international experience in the use of smart electricity platforms for the procurement of flexibility services (Part 1)” for Scottish & Southern Electricity Networks (SSEN), as a result of their participation in Project MERLIN. The report was published on Project MERLIN website in May 2020.… Continue Reading
Report “Feasibility and impacts of EU ETS scope extension: Road transport and buildings” by M. Pollitt and G. Dolphin
Michael Pollitt and Geoffroy Dolphin wrote a new report “Feasibility and impacts of EU ETS scope extension: Road transport and buildings” for CERRE (Centre for Regulation in Europe) that was published in December 2020. You can read the report here Continue Reading
Presentation “Promoting green growth: a guaranteed route to recovery or a route to value destruction?” by M. Pollitt
Michael Pollitt gave a talk “Promoting green growth: a guaranteed route to recovery or a route to value destruction?” at 30th University of Cambridge Alumni Festival on 21 September 2020. In his talk, Michael explores green investment and how they promote economic productivity and growth. You can listen to this presentation here Continue Reading
Podcast “Economics and Energy Transitions” with M. Pollitt
Michael Pollitt recorded a podcast “Economics and Energy Transitions” organized by Centre for Science and Policy, University of Cambridge and hosted by Dr Robert Doubleday. To listen to the podcast please click here Continue Reading
EPRG Working Paper 2028
Jun Xu, Michael G. Pollitt, Bai-Chen Xie, Chung-Han Yang China’s Energy Law Draft and the Reform of its Electricity Supply Sector Abstract | Non-Technical Summary | Text The Chinese version of this paper can be found below Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2021
Victor Ajayi, Geoffroy Dolphin, Karim Anaya, Michael Pollitt The Productivity Puzzle in Network Industries: Evidence from the Energy Sector Abstract | Non-Technical Summary | Text Continue Reading
EPRG Working Paper 2010
Bai-Chen Xie, Jun Xu, Michael G. Pollitt What effect has the 2015 power market reform had on power prices in China? Evidence from Guangdong and Zhejiang Abstract | Non-Technical Summary | Text The Chinese version of this paper can be found below Abstract | Non-Technical Summary | Text First published in May 2020, updated in… Continue Reading
EPRG Working Paper 2004
Geoffroy Dolphin and Michael Pollitt Identifying innovative actors in the Electricity Supply Industry using machine learning: an application to UK patent data Abstract | Non-Technical Summary | Text Continue Reading
Journal Article: Oxford Economic Papers, Issue July 2019
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
Article “Labour plan to renationalise the UK energy networks is a bad idea – business economist” by M. Pollitt
Michael Pollitt published an article “Labour plan to renationalise the UK energy networks is a bad idea – business economist” in The Conversation on 26 November 2019. The fill text can be read here Continue Reading
CERRE White Paper “Ambition for Europe 2024”
Michael Pollitt co-authored CERRE (Centre for Regulation in Europe) White Paper “Ambitions for Europe 2024” together with other renowned academics from around Europe. It’s a wide-ranging dossier on the regulation of Europe’s energy, digital, media and mobility industries towards 2024. The authors have developed nearly 50 ambitions for the new European Parliament and Commission |… Continue Reading
EPRG Working Paper 1930
Francesco Rossetto, Luigi Grossi and Michael G. Pollitt Assessing Market Power in the Italian Electricity Market: A synthetic supply approach Abstract | Non-Technical Summary | PDF Continue Reading