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
Tag Archives: M. Pollitt
EPRG 0504
Christian Growitsch, Tooraj Jamasb, Michael Pollitt Quality of Service, Efficiency and Scale in Network Industries: An analysis of European electricity distribution EPRG 0504 | Non-Technical Summary | PDF 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
Presentation “What Was the Impact On Efficiency Of The US Distribution Company Merger Wave?” by M. Pollitt
Michael Pollitt gave a presentation “What was the impact on efficiency of the US distribution company merger wave?” during EPRG Spring Research Seminar, Cambridge, on 6 May 2005 Continue Reading
International Benchmarking of Electricity Transmission by Regulators: Theory and Practice
Aoife Brophy Haney and Michael G. Pollitt International Benchmarking of Electricity Transmission by Regulators: Theory and Practice CRNI Annual Conference , 30 November, 2012 | PDF Continue Reading
Electricity Market Reform: Will it work and if so how?
Michael Pollitt Electricity Market Reform: Will it work and if so how? Beesley Lecture, 8 November, 2012 | Presentation | Lecture Continue Reading
Driving Towards 2020: Will the EU targets be achieved and what are the longer term prospects?
Michael Pollitt Driving Towards 2020: Will the EU targets be achieved and what are the longer term prospects? CEFD Conference, London 13 March 2012 | PDF Continue Reading
Energy Prices: The Only Way is Up?
Michael Pollitt Energy Prices: The Only Way is Up? Oxford and Cambridge Club, London, 23 February 2012 | PDF Continue Reading
Energy Policy: How much it costs you and what you get for your money
Michael Pollitt Energy Policy: How much it costs you and what you get for your money U3A, Cambridge15 February 2012 | PDF Continue Reading
Energy Liberalisation in Historical Context
Michael Pollitt Energy Liberalisation in Historical Context Spanish Association of Energy Economists, Pamplona, 27 January 2012 | PDF Continue Reading
Future of Electricity Demand: Customers, Citizens and Loads Panel Discussion
Tooraj Jamasb and Michael Pollitt Future of Electricity Demand: Customers, Citizens and Loads Panel Discussion DECC, London Presented 18 January 2012 | Download PDF Continue Reading
Issues in the Transmission and Retail Electricity Market in the UK
Michael Pollitt Issues in the Transmission and Retail Electricity Market in the UK CRIEPI, Tokyo 15 April, 2013 | | PDF Continue Reading
Electricity Market Reform
Michael Pollitt Electricity Market Reform in the UK CRIEPI, Tokyo 15 April, 2013 | | PDF Continue Reading
Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience
Michael Pollitt and Karim Anaya Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience IET, London 18 March, 2013 | | PDF Continue Reading
Wholesale and retail electricity market reforms in the UK: What not to do
Michael Pollitt Wholesale and retail electricity market reforms in the UK: What not to do FAEE, Paris, 20 March, 2013 | | PDF Continue Reading
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
EPRG 0928
Aoife Brophy Haney, Ian W.Jones and Michael G. Pollitt UK retailers and climate change: The role of partnership in climate strategies EPRG 0928 Non-Technical Summary | PDF Abstract: More and more companies in the UK are developing strategies to address the challenges of climate change. We focus on the UK retail sector and explore the… Continue Reading
EPRG 0925
Scott Kelly and Michael Pollitt Making Combined Heat and Power District Heating (CHP-DH) Networks in the United Kingdom Economically Viable: A Comparative Approach EPRG 0925 Non-Technical Summary | PDF Abstract: As global fuel reserves are depleted, alternative and more efficient forms of energy generation and delivery will be required. Combined Heat and Power with District… Continue Reading
EPRG 0915
Aoife Brophy Haney and Michael Pollitt Efficiency Analysis of Energy Networks: An International Survey of Regulators EPRG 0915 Non-Technical Summary | PDF Also published in: Haney, A. B. and Pollitt, M. (2009), Efficiency Analysis of Energy Networks: An International Survey of Regulators, Energy Policy 37(12) Abstract: Incentive regulation for networks has been an important part… Continue Reading
EPRG 0914
Michael Pollitt Does Electricity (and Heat) Network Regulation have anything to learn from Fixed Line Telecoms Regulation? EPRG 0914 Non-Technical Summary | PDF Also published in: Pollitt, M. (2010), “Does Electricity (and Heat) Network Regulation have anything to learn from Fixed Line Telecoms Regulation?”, Energy Policy 38(3) Abstract: The purpose of this paper is to… Continue Reading
EPRG 0910
Michael G. Pollitt and Jon Stern Human Resource Constraints for Electricity Regulation in Developing Countries: Has Anything Changed? EPRG0910 Non-Technical Summary | PDF Abstract: We provide strong evidence that there are significant human resource constraints which limit the scale and, hence, the scope and potential effectiveness of electricity/energy regulatory agencies in developing countries. We summarise the… Continue Reading
EPRG 0905
Christian Wolf and Michael G. Pollitt The Welfare Implications of Oil Privatisation: A Cost-Benefit Analysis of Norway’s Statoil EPRG 0905 Non-Technical Summary | PDF Abstract: The oil industry is of great economic significance to many countries, and privatisations of National Oil Companies (NOCs) have often been controversial, as have been the benefits from privatisation more… Continue Reading
EPRG 0903
Aoife Brophy Haney, Tooraj Jamasb and Michael G. Pollitt Smart Metering and Electricity Demand: Technology, Economics and International Experience EPRG 0903 Non-Technical Summary | PDF Also published in: Brophy Haney, A, Jamasb, T & Pollitt, M, “Smart Metering and Electricity Demand: Technology, Economics and International Experience”, TU Berlin Abstract: In recent years smart metering of electricity… Continue Reading
EPRG 1034
Aoife Brophy Haney, Tooraj Jamasb, Laura M. Platchkov, Michael G. Pollitt Demand-side Management Strategies and the Residential Sector: Lessons from International Experience EPRG 1034 | Non-Technical Summary | PDF Abstract: This paper explores demand side management (DSM) strategies, including both demand response and energy efficiency policies. The aim is to uncover what features might strengthen… Continue Reading
EPRG 1030
Aoife Brophy Haney and Michael G. Pollitt New Models of Public Ownership in Energy EPRG 1030 | Non-Technical Summary | PDF Abstract: This paper discusses some of the new and continuing ways in which the public sector is involved in the electricity / energy sector around the world. This involvement continues to be significant in… Continue Reading
EPRG 1027
Tooraj Jamasb, Luis Orea and Michael G. Pollitt Estimating Marginal Cost of Quality Improvements: The Case of the UK Electricity Distribution Companies EPRG 1027 | Non-Technical Summary | PDF Abstract: The main aim of this paper is to develop an econometric approach to estimation of marginal costs of improving quality of service. We implement this… Continue Reading
EPRG 1024
Thomas P. Triebs, Michael G. Pollitt and John E. Kwoka The Direct Costs and Benefits of US Electric Utility Divestitures Note: This Working Paper has been superseded by EPRG WP #1525. Continue Reading