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Chairs of Applied Economics and Economic Theory
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-caeet14sept08.pdf31 Jan 2024: I have not sought to determine what Applied Economics means.4 But it is not a common title. ... At one time, high quality research resources seem to have been directed to both areas about equally; now, they tend to favour economic theory relative to -
Incentive Auctions for Repurposing Broadcasting Spectrum
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-P.Cramton.pdf26 Jan 2024: Need for reserves depends on market;products and quantities reviewed periodically. 15Source: Potomac Economics. ... 16Source: Potomac Economics. Scarcity pricing. • Reserves have value in avoiding load shedding. • -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Hemsley_Winter2019.pdf26 Jan 2024: Carbon pricing: the experience. • Over time, carbon prices have increased across most jurisdictions. • ... Source: Vivid Economics (2019) The Future of Carbon Pricing in the UK 7. -
Microsoft PowerPoint - 2 Kristensen v2
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-2-Kristensen-v2.pdf30 Jan 2024: Jostein Kristensen. Managing Consultant. The economics of storage new build. Gas market uncertainties. - ... deliverability. - volume. How do market scenarios affect the economics of different storage facilities? -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-SIMON-TAYLOR-MIT-Paris-July-2016.pdf23 Jan 2024: Small Modular Reactors. Source: IEA http://www.iea.org/publications/freepublications/publication/Nuclear_RM_2015_FINAL_WEB_Sept_2015_V3.pdf. www.eprg.group.cam.ac.uk 16. “However, the economics ... of SMRs have yet to be proven.”. -
Policy Responses to the European Energy Crisis The Bad, ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-MICHAEL-POLLITT-EPRGSpringSeminar050523.pdf24 Jan 2024: A good first year economics undergraduate should have been able to predict this result! • ... High prices have encouraged retailer experimentation with targeted payments for reducing consumption at specific times of grid stress. -
Competition and the UK retail energy market
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_NZ_Dec17.pdf2 Feb 2024: economics rather than reforming customers. Competition & CC/CMA Guidelines• UK competition authorities have a dynamic view of competition• CC Guidelines 2003 para 1.16. • ... analyses by Ofgem & CMA deficient in various respects• Problems too -
Competition and the UK retail energy market
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Australia_Dec17-.pdf2 Feb 2024: Focus on customer failure but little acknowledgement of regulatory failure• Conclusion: Need to reorient behavioural economics to reforming. ... market. • Why? Process isn’t in economics textbooks, perfect competition is • Revise CC/CMA -
1 Unconventional Gas – Scale, Cost and Uncertainty EPRG-CEEPR ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1a-OSullivan.pdf23 Jan 2024: 3.6 Bcf/day of exports have been approved to non-FTA countries. - ... recoverable gas resource have more than doubled since 2005 to well over 2,500 Tcf Along with its scale, the North American shale resource appears to have relatively attractive economics -
Applying behavioural economics
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Applying-behavioural-economics-at-the-RCA-1-Apr-2014.pdf8 Feb 2024: Regulators have drawn the conclusion that behavioural economics enables them to intervene in markets more effectively, and in new ways, to secure better outcomes for consumers. ... Part II: Applying behavioural economics at the RCA We have already begun -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-F.-Roques.pdf29 Jan 2024: Trialogue negotiations have now started, with counterproposal for ETS reform from the Council and Parliament. ... 2020.”. “Simple economics for building new plants shows that CCGTs have lower life time costs than coal even in Eastern Europe at carbon -
The return to price caps: Where did it all go wrong and how to fix…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_9Oct17_Beesley.pdf2 Feb 2024: Also need to rethink behavioural economics & competition – but why wait for economics profession? • ... Effects of policy. Behavioural economics. Misuse of behavioural economics. Competition & CC/CMA Guidelines. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-20220506-Roques-EPRG-presentation.pdf26 Jan 2024: We have been involved in a broad spectrum of matters related to economics and finance – providing critical insight in legal and regulatory proceedings, strategic decisions, and public policy debates. ... More than 20 European countries have taken action -
Energy World April.indd
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-09-Electrical-energy-storeage-economics-and-challenges.pdf7 Feb 2024: system. In relation to technical issues, energy storage methods have not diversified and are still focused on few technologies. ... Pumped hydropower is the only large-scale and cost-efficient technology, according to the International Renewable Energy -
www.eprg.group.cam.ac.uk Farmers preferences for incentives on solar…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/eprg-wp2408.pdf18 Jun 2024: energy buyback have a significant impact on adoption decisions. The impact of contextual. ... conducted. In general, there are many papers that have studied public acceptance of. -
1 Who is going to do all this? A ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Who-is-going-to-do-all-this_Sep2020.pdf7 Feb 2024: 5. Welfare economics and innovation I have a fondness for TOU because I devoted much of my thesis to it and then another decade of my life. ... devoted much valuable thought, and which have surfaced repeatedly in the present discussion. -
The nature of competition and the regulatory process
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-thenature-of-competition-and-the-regulatory-process.pdf8 Feb 2024: or X-efficiency) and C (which does not seem to have a name in neo-classical economics though Michael Beesley once coined the term „Y-efficiency‟). ... Unexpectedly, they have led to better information exchange and customer relationships in the -
Response to DTI final 3 April final
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-responsetodti.pdf13 Feb 2024: Most low-Ctechnologies are capital-intensive but have low (or virtually zero) running costs. ... They appear to have apivotal role in helping define the limits of the possible. -
Policy response prompted by questions from DG ENER David ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Policy-paper-prompted-by-questions-from-DG-ENERv2.pdf31 Jan 2024: Their network charging regimes may impact on the economics of interconnectors and so have EU-wide impacts, as will their mode of supporting interconnector investments. ... that prices would have to rise in any case to induce unsubsidized conventional -
1 Time to stop digging: A submission to Ofgem’s ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Ofgem_19Feb2021.pdf7 Feb 2024: Are they wrong? Might they not have a point? 7. Are customers rational? ... The behavioural economics view is that customers are subject to behavioural biases that may prevent them from making rational economic decisions, so that regulators have to -
ELECTRICITY REGULATION IN GUERNSEY A Report prepared for Guernsey ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildguernsey.pdf13 Feb 2024: C&E commissioned Europe Economics (EE) to carry out this study.5 I have been given access to a draft of EE’s report. ... Europe Economics says that. “Utility regulation in Guernsey has experienced worse problems concerning relationships and costs -
Exkurs Klimaerwärmung
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf13 Feb 2024: The choice of charging system and implied horizon-tal transfers between countries and vertical transfers between transmission levels will have direct im-plications for the economics of interconnector investments, and possibly ... Various options for -
WPM$1779
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildtransmissionregulation.pdf13 Feb 2024: 8. admitted unbundled SNI into consideration would have a critical effect on the final decision. ... SNI. Faced with this possibility it would have been possible to ask two questions. -
1 Replacing the tariff caps and protecting vulnerable customers ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild-Replacing-the-tariff-cap_17Jul19.pdf7 Feb 2024: evenly shared: savvy consumers have got better deals while less engaged consumers (on. ... recommended by the CMA have been completed. Reputation and customer loyalty are important. -
ReportforWhichFinal100511
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ReportforCAFinal100511EPRG.pdf8 Feb 2024: An increase in electricity prices can have a disproportional impact on low-income households (DECC,. ... As climate change. ernment, a number of policies (incentives and regulations) have been. -
1 The Evolution of Competitive Retail Electricity Markets By ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Chapter-04_23-Oct-2020.pdf7 Feb 2024: However, the arguments and evidence used in these policy discussions have been much disputed. ... Customers have the option of choosing an alternative retail supplier if they wish. -
1 Ofgem’s collective switching trial and possible application in ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Ofgems-collective-switching-trial-NZ_Mar19.pdf7 Feb 2024: 52. The results of the Autumn Collective Switch Trial have not yet been announced. ... some discussion of implementation issues, including whether to have frequent or infrequent auctions. -
The CMA energy market investigation, the well-functioning market,…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_CMA-energy-market-investigation-8-Feb-2016_web.pdf7 Feb 2024: Separately, there is accumulating evidence about the often-unintended effects of behavioural economics remedies. ... In practice, inquiry panels have developed a concept called the “well-functioning market”. -
Watts Next: Securing Europe’s Energy and Competitiveness
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/03/eprg-EconPol-PolicyReport_49-Watts-Next-Securing-Europes-Energy-and-Competitiveness.pdf25 Mar 2024: of electric options, while firms will have to switch to other energy carriers. ... Source: European Commission 2023a. Imports of Russian LNG, however, have not only continued, but actually increased. -
Topic one: Asset values in workably competitive markets, including…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Expert-Report-on-Asset-Valuation-in-Workably-Competitive-Markets-May-2010.pdf8 Feb 2024: His clients have included regulatory agencies in New Zealand, Australia, and the broader Asia-Pacific region. ... it is often markets in which intangibles are important that have the highest ratios of.
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