Tag Archives: M. Pollitt

EP 66

Tooraj Jamasb, Michael Pollitt Electricity Market Reform in the European Union: Review of Progress towards Liberalisation and Integration EP 66  | Non-Technical Summary | PDF Abstract: The energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This signals that the liberalisation of national electricity markets is… Continue Reading

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EP 52

Michael Pollitt Electricity Reform in Argentina: Lessons for Developing Countries EP 52  | Non-Technical Summary | PDF Abstract: Argentina was one of the first countries in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Chile has had a comparably comprehensive and successful reform. This… Continue Reading

EP 51

Michael Pollitt Electricity Reform in Chile: Lessons for Developing Countries EP 51 | Non-Technical Summary | PDF Abstract: Chile was the first country in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Argentina has had a comparably comprehensive and successful reform. This paper traces… Continue Reading

EP 50

Paul Nillesen, Michael Pollitt The Consequences for Consumer Welfare of the 2001-2003 Electricity Distribution Price Review in The Netherlands EP 50  | Non-Technical Summary | PDF Abstract: The Dutch regulatory process for setting the first X-Factors in the electricity distribution sector has gone badly wrong. During two-and-a-half years four different X-Factors were published by the… Continue Reading

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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EP 35

D Giannakis, Tooraj Jamasb, Michael Pollitt Benchmarking and Incentive Regulation of Quality of Service: an Application to the UK Electricity Distribution Utilities EP 35  | Non-Technical Summary | PDF Abstract: Quality of service has emerged as an important issue in post-reform regulation of electricity distribution networks. Regulators have employed partial incentive schemes to promote cost… Continue Reading

EPRG 0512

Tooraj Jamasb, William Nuttall, Michael Pollitt New Electricity Technologies for a Sustainable Future EPRG 0512  | Non-Technical Summary | PDF Abstract: There is a growing concern over our reliance on conventional electricity sources and their long-term environmental, climate change, and security of supply implications, and much hope is vested in the ability of future technological… Continue Reading

EPRG 0507

Tooraj Jamasb, Karsten Neuhoff, David Newbery, Michael Pollitt Long-term Framework for Electricity Distribution Access Charges EPRG 0507  | Non-Technical Summary | PDF Abstract: In order to achieve overall economic efficiency, incentive regulation of electricity distribution utilities must address two important and inter-related issues. First, the utilities’ allowed revenues need to be set at correct levels.… Continue Reading

EPRG 0609

Richard Green, Arturo Lorenzoni, Yannick Perez, Michael Pollitt Benchmarking Electricity Liberalisation in Europe EPRG 0609 Non-Technical Summary | PDF Abstract: In this paper, we discuss the choice and use of benchmarks in each of five areas relevant to an assessment of the progress of EU electricity sector liberalisation. These areas are market design, market power,… Continue Reading

EPRG 0725

Michael Pollitt Evaluating the evidence on electricity reform: Lessons for the South East Europe (SEE) market EPRG 0725 Non-Technical Summary | PDF Also published in: Pollitt, Michael, (2009). “Evaluating the evidence on electricity reform: Lessons for the South East Europe (SEE) market,” Utilities Policy, Elsevier, vol. 17(1), pages 13-23, March Abstract: This paper discusses the… Continue Reading

EPRG 0724

Michael Pollitt Liberalisation and Regulation in Electricity Systems: How can we get the balance right? EPRG 0724 Non-Technical Summary | PDF Also published in: Pollitt, M, “Liberalisation and Regulation in Electricity Systems: How can we get the balance right?”  Chapter in “Competitive Electricity Markets: Design, Implementation, Performance A Volume in the Elsevier Global Energy Policy… Continue Reading

EPRG 0721

Michael Pollitt, Janusz Bialek Electricity Network Investment and Regulation for a Low Carbon Future EPRG 0721 Non-Technical Summary | PDF Also published in: Pollit, M. and Bialek, J. W. (2008) ‘Electricity network investment and regulation for a low-carbon future.’, in Delivering a low-carbon electricity system : technologies, economics and policy. Cambridge: Cambridge University Press, pp.… Continue Reading

EPRG 0718

Tooraj Jamasb, Michael Pollitt Reference Models and Incentive Regulation of Electricity Distribution Networks: An Evaluation of Sweden’s Network Performance Assessment Model (NPAM) EPRG 0718 Non-Technical Summary | PDF Also published in: Jamasb, T & Pollitt, M (2007) “Reference Models and Incentive Regulation of Electricity Distribution Networks : An Evaluation of Sweden’s Network Performance Assessment Model… Continue Reading

EPRG 0717

Hongliang Yang, Michael Pollitt Distinguishing Weak and Strong Disposability among Undesirable Outputs in DEA: The Example of the Environmental Efficiency of Chinese Coal-Fired Power Plants EPRG 0717 Non-Technical Summary | PDF Also published in: Yang, Hongliang & Pollitt, M (2010), “Distinguishing Weak and Strong Disposability among Undesirable Outputs in DEA: The Example of the Environmental… Continue Reading

EPRG 0716

Hongliang Yang, Michael Pollitt Incorporating Undesirable Outputs into Malmquist TFP Index: Environmental Performance Growth of Chinese Coal-Fired Power Plants EPRG 0716 Non-Technical Summary | PDF Also published in: Yang, H. and Pollitt, M. (2012), ‘Incorporating undesirable outputs into Malmquist TFP indices with an unbalanced data panel of Chinese power plants’, Applied Economics Letters, Vol.19, Issue… Continue Reading

EPRG 0714

Michael Pollitt The arguments for and against ownership unbundling of energy transmission networks EPRG 0714 Non-Technical Summary | PDF Also published in: Pollitt, M., (2008), “The Arguments for and Against Ownership Unbundling of Energy Transmission Networks”, Energy Policy 36(2) Abstract: The question this paper addresses is: what is the evidence for the superiority of the… Continue Reading

EPRG 0713

William Yu, Tooraj Jamasb, Michael Pollitt Incorporating the Price of Quality in Efficiency Analysis: the Case of Electricity Distribution Regulation in the UK EPRG 0713 Non-Technical Summary | PDF Also published in: Yu, W., Jamasb, T. and Pollitt, M. (2009), “Willingness-to-Pay for Quality of Service: An Application to Efficiency Analysis of the UK Electricity Distribution… Continue Reading

EPRG 0712

Hongliang Yang, Michael Pollitt Incorporating both Undesirable Outputs and Uncontrollable Variables into DEA: the performance of Chinese Coal-Fired Power Plants EPRG 0712 Non-Technical Summary | PDF Also published in: Yang, Hongliang & Pollitt, Michael, (2009), “Incorporating both undesirable outputs and uncontrollable variables into DEA: The performance of Chinese coal-fired power plants,” European Journal of Operational… Continue Reading

EPRG 0708

John Kwoka, Michael Pollitt Industry Restructuring, Mergers and Efficiency: Evidence from Electric Power EPRG 0708 Non-Technical Summary | PDF Also published in: Kwoka, J. and Pollitt, M. (2010) “Do mergers improve efficiency? Evidence from restructuring the US electric power sector”, International Journal of Industrial Organisation, Vol.28 (6): pp.645-656 Abstract: This paper analyses the performance impact… Continue Reading

EPRG 0701

Tooraj Jamasb, Michael Pollitt Incentive Regulation of Electricity Distribution Networks: Lessons of Experience from Britain EPRG 0701 Non-Technical Summary | PDF Also published in: Jamasb, T. and Pollitt, M. (2007), “Incentive Regulation of Electricity Distribution Networks: Lessons of Experience from Britain”, Energy Policy 35(12) Abstract: This paper reviews the recent experience of the UK electricity… Continue Reading

EPRG 0827

William Yu, Tooraj Jamasb, Michael Pollitt Does Weather Explain the Cost and Quality? An Analysis of UK Electricity Distribution Companies EPRG 0827 Non-Technical Summary | PDF Also published in: Yu, W., Jamasb, T. and Pollitt, M. (2009), “Does Weather Explain the Cost and Quality Performance? An Analysis of UK Electricity Distribution Companies”, Energy Policy 37(11)… Continue Reading

EPRG 0502

Tooraj Jamasb, Michael Pollitt Deregulation and R&D in Network Industries: The Case of the Electricity Industry EPRG 0502  | Non-Technical Summary | PDF Abstract: Electricity reform has coincided with a significant decline in energy R&D activities. Technical progress is crucial for tackling many energy and environmental issues as well as for long-term efficiency improvement. This… Continue Reading

EPRG 0820

 Paul Nillesen, Michael G Pollitt Ownership unbundling in electricity distribution: empirical evidence from New Zealand EPRG 0820 Non-Technical Summary | PDF Also published in: Nillesen, P.H. and Pollitt, M.G. , “Ownership unbundling in electricity distribution: empirical evidence from New Zealand”, Review of Industrial Organization Abstract: New Zealand is the only country to date to have… Continue Reading

Michael Pollitt Does environment matter for distribution system performance? EPRG Winter Research Seminar, Cambridge Presented 9 December 2005 | Download PDF Continue Reading

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EP 19

Tooraj Jamasb, Paul Nillesen, Michael Pollitt Strategic Behaviour under Regulation Benchmarking EP 19  | Non-Technical Summary | PDF Abstract: Liberalisation of generation and supply activities in the electricity sectors is often followed by regulatory reform of distribution networks. In order to improve the efficiency of distribution utilities, some regulators have adopted incentive regulation schemes that… Continue Reading

EP 11

Preetum Domah, Michael G Pollitt, Jon Stern Modelling the costs of electricity regulation: Evidence of human resource constraints in developing countries EP 11  | Non-Technical Summary | PDF Abstract: Successful electricity industry reform depends on the presence of an appropriately staffed regulatory agency for the liberalised sector. However developing countries can have resource constraints that… Continue Reading

EP 03

Toru Hattori, Tooraj Jamasb, Michael G Pollitt A comparison of UK and Japanese electricity distribution performance 1985-1998: lessons for incentive regulation EP 03  | Non-Technical Summary | PDF Abstract: International comparisons can be used to study relative efficiency of decision-making units in an industry in a wider context. In particular, cross-country comparisons can, help regulators of… Continue Reading

EPRG 0819

John Kwoka, Sanem Ozturk, Michael G Pollitt Divestiture Policy and Operating Efficiency in US Electric Power Distribution EPRG 0819 Non-Technical Summary | PDF Also published in: Kwoka, J., Pollitt, M. and Sergici, S. (2010) “Divestiture Policy and Operating Efficiency in U.S. Electric Power Distribution”, Journal of Regulatory Economics, Vol. 38 (1), pp.86-109 Abstract: This study… Continue Reading

EPRG 0817

Paul Nillesen, Michael Pollitt Using regulatory benchmarking techniques to set company performance targets: the case of US electricity EPRG 0817 Non-Technical Summary | PDF Also published in: Nillesen, P. and Pollitt, M. (2010), “Using Regulatory Benchmarking Techniques to Set Company Performance Targets: the Case of US Electricity”, Competition and Regulation in Network Industries 1 Abstract:… Continue Reading

EPRG 0811

Michael Pollitt The Future of Electricity (and Gas) Regulation EPRG 0811 Non-Technical Summary | PDF Also published in: Pollitt, M. (2008), “The Future of Electricity (and Gas) Regulation in a Low-carbon Policy World”, The Energy Journal 29 (Special Issue 2) Abstract: This paper discusses whether a new paradigm is necessary for independent economic regulation of… Continue Reading

EPRG 0806

Tooraj Jamasb, Michael Pollitt, Thomas Triebs Productivity and Efficiency of US Gas Transmission Companies: A European Regulatory Perspective EPRG 0806 Non-Technical Summary | PDF Also published in: Jamasb, T., Pollitt, M. and Triebs, T. (2008), “Productivity and Efficiency of US Gas Transmission Companies: A European Regulatory Perspective”, Energy Policy 36(9) Abstract: On both sides of the… Continue Reading

EPRG 0805

Christian Wolf, Michael Pollitt Privatising national oil companies: Assessing the impact on firm performance EPRG 0805 Non-Technical Summary | PDF Abstract: This study empirically investigates the impact of privatisation on firm performance in the global oil and gas industry, where questions of resource control have regained widespread attention. Using a dataset of 60 public share… Continue Reading

EPRG 0929

Michael G.Pollitt Electricity Liberalisation in the European Union: A Progress Report EPRG 0929 Non-Technical Summary | PDF Also published in: Pollitt, M.G. (2009),”Electricity Liberalisation in the European Union: A Progress Report”, Mercato Concorrenza Regole 3/2009, pp.497-523 Abstract: It is around 5 years since my colleague, Tooraj Jamasb, and I reviewed the EU’s progress with electricity… Continue Reading