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  2. Michael Pollitt - Cambridge Judge Business School

    https://www.jbs.cam.ac.uk/people/michael-pollitt/
    Professional experience. Professor Pollitt is a member of the editorial boards of The Energy Journal, Energy Economics, Review of Industrial Organization, Competition and Regulation in Network Industries, Energy and Climate Change, ... Brophy Haney, A.
  3. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/160913-slides-kennett.pdf
    9 Jul 2023: Austrian interbank network. Source: Martin Summer. «Financial Contagion and Network Analysis.” Annual Review of Financial Economics 5, 277-297, 2013. ... The multi-layer network nature of systemic risk and its implications for the costs of financial
  4. Publications and presentations - Energy Policy Research Group -…

    https://www.jbs.cam.ac.uk/centres/energy-policy-research-group/publications/
    Review of Industrial Organization, 55: 89-109. Chyong, C.K. 2019. Journal article. ... Review of Industrial Organization, 55: 63-87. Pollitt, M.G. 2019. Journal article.
  5. Working papers - Energy Policy Research Group - Cambridge Judge…

    https://www.jbs.cam.ac.uk/centres/energy-policy-research-group/working-papers/
    A review of challenges from increasing renewable generation in the Indian power system. ... Long-term macroeconomic effects of climate change: a cross-country analysis. Now published in: Energy Economics, 104.
  6. Microsoft PowerPoint - PamplonatalkPollitt [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PamplonatalkPollitt.pdf
    2 Feb 2024: Copenhagen Economics (2005), Market Opening in Network Industries: Part I: Final Report, Brussels: European Commission. • ... Marsh, D. (1991) ‘Privatisation under Mrs Thatcher: Review of the Literature’, Public Administration, 69 (Winter): 459-480.
  7. AGENT BASED SIMULATION OF SMART METERING TECHNOLOGY ADOPTION:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0727.pdf
    6 Dec 2023: decrease the pressure of the distribution network at peak demand times, and also. ... network through word-of-mouth effects can positively or negatively trigger the RC.
  8. Investment and Efficiency under Incentive Regulation: The Case of ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1306.pdf
    7 Dec 2023: emerged as how to address the issue of network investments. The problem is whether a. ... density” (energy distributed per Km length of network) as outputs. Numbers of customers are.
  9. Issues and Options in the Economic Regulation of European ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1405.pdf
    7 Dec 2023: to the consumers at the regulatory review. This provides an incentive for the network. ... countries. This implies that if network security is also a political issue, then economics of.
  10. www.eprg.group.cam.ac.uk Changing times: Incentive regulation,…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2214.pdf
    12 Dec 2023: 5. 2. Literature Review Our review of the existing literature centres on both gas distribution and transmission networks. ... 18 For more comprehensive review of the price control period for gas networks see Ofgem (2009) and Ofgem (2012).
  11. Dynamic Efficiency and Incentive Regulation: An Application to…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1402.pdf
    7 Dec 2023: Abstract Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. ... Other variables include operational cost of network companies, number of customers and distributed energy.
  12. www.eprg.group.cam.ac.uk Determinants of Investment under Incentive…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1312.pdf
    7 Dec 2023: of economics (Jorgenson, 1967). However, the results of competitive market may not be. ... Operational expenditure may influence investment because the Norwegian distribution. network companies operate under the ex-post review of investment using total
  13. On Dividend Policy

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2002.pdf
    11 Dec 2023: Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... See for example Utilities Policy Volume 16 (2008) or Economics of Energy & Environmental Policy Volume 2 (2013).
  14. HolmbergNewberyAbstractEPRG1007

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1007.pdf
    6 Dec 2023: Research Program The Economics of Electricity Markets. We are indebted to Andrew Philpott for discussions on. ... Visitor to the EPRG.zFaculty of Economics, University of Cambridge, Research Director, EPRG.
  15. cover38

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp38.pdf
    5 Dec 2023: mission rights (FTRs), which internalises these network effects. The set of incremental FTRs. ... coordination of investment and maintenance of the core network between the SO and TO.
  16. www.eprg.group.cam.ac.uk Lessons from Australia’s National…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1927.pdf
    11 Dec 2023: the latter tying the economics of the physical power system to Resource Adequacy and new capacity. ... Professor of Economics, Griffith Business School, Griffith University. Associate, Energy Policy Research Group, University of Cambridge.
  17. www.eprg.group.cam.ac.uk Is the NEM broken? Policy discontinuity and…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2014.pdf
    11 Dec 2023: This article is structured as follows: Section 2 provides a review of relevant literature. ... Of special importance to our analysis was the “Warburton Reviewof the Renewable Portfolio Standard, initiated after the 2013 Commonwealth election.
  18. Abstract_EPRG1125

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1125.pdf
    6 Dec 2023: This is for two reasons. First, because of Kirchoff’s Laws of network resistance, whereby if parallel paths exist in an AC electricity network the total flow between A and B ... ensure continuity and security of supply • encourage competition •
  19. Incentive Regulation Theory and Practice 9-15-05

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0511.pdf
    5 Dec 2023: as the date of the price review proceeding approached (OFGEM 2004a, 2004c, 2004e,. ... labor), the cost of capital investments (e.g. the cost of physical distribution network.
  20. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0903.pdf
    6 Dec 2023: Next we assess the economics of smart meters focusing on the costs and. ... and the likely future developments. Next we assess the economics of smart meters.
  21. Exkurs Klimaerwärmung

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf
    13 Feb 2024: Final Version. Authors:. Paul Twomey, Faculty of Economics, University of Cambridge Karsten Neuhoff, Faculty of Economics, University of Cambridge David Newbery, Faculty of Economics, University of Cambridge 003779874. ... The choice of charging system
  22. www.eprg.group.cam.ac.uk Questioning the EU Target Electricity Model…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1617.pdf
    8 Dec 2023: 3. coordinated to deliver least-cost delivery of power to the grid supply points at which the regional distribution network operators (DNOs) connect. ... had no spatial variation, the only factor influencing location decisions was the transmission
  23. www.eprg.group.cam.ac.uk Measuring the Impact of Electricity Market…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2111.pdf
    11 Dec 2023: Section 7 concludes. Section 2: Some principles for measuring market reform impact Pollitt (2012), in a review of the impact of global energy market liberalisation, discusses various studies which measure the ... 9. Lessons for China Our review of the
  24. www.eprg.group.cam.ac.uk The European Single Market in Electricity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1815.pdf
    8 Dec 2023: Globally many lessons have been learned along the way (see Joskow, 2008, for a review of international experience). ... It also shows the importance of network charges for final bills, especially for households.
  25. APPENDIX 5:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-evaluation-report-to-esrc-output.pdf
    9 Jul 2023: 14. 58. Armour, J. (2001) ‘The law and economics of corporate insolvency: a review’, in Vriesendorp, R., McCahery, J. ... 1997) ‘Integration through law? The law and economics of European social policy’, in Addison, J.
  26. German Airline Regulation: a mosaic

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-german-airport-regulation-framework-agreements-civil-law.pdf
    8 Feb 2024: 10. - A Review Board was established, with representatives of the negotiating airlines, the Airport and the local government.11. - ... 128, 132) 30 “From an internal perspective, the concept of the Review Board has to be emphasised.
  27. jntf01_1_prelims

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/journalofnetworktheoryinfinance-v1-no1.pdf
    9 Jul 2023: The Journal of Network Theory in FinanceGENERAL SUBMISSION GUIDELINES. Manuscripts and research papers submitted for consideration must be original workthat is not simultaneously under review for publication in another journal or ... Note at this point.
  28. _pdf_ Roques

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0810.pdf
    6 Dec 2023: of electricity, network constraints requiring the physical balance of supply and demand on. ... each point of the network at all times, the inability to control power flows to a large part of.
  29. www.eprg.group.cam.ac.uk Energy Systems Integration: Economics of a…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1903.pdf
    11 Dec 2023: Within this perspective, network externalities are the source of network effects with the latter leading to economics of scale and declining average costs. ... 2017) for the case of Norwegian electricity distribution networks. The EU Directorate General
  30. SESSA_report_wp3_Cambridge_couverture

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0515.pdf
    5 Dec 2023: Faculty of Economics, Cambridge. Sustainable Energy Specific Support Assessment. www.sessa.eu.com. Refining Market Design. ... David Newbery Faculty of Economics, Cambridge. 25 August 2005 Introduction The goals of market design include, as a
  31. www.eprg.group.cam.ac.uk Locational Marginal Prices (LMPs) for…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2318.pdf
    12 Dec 2023: 8 https://lmpmarketdesign.com/lmp.php 9 See Borowski (2020). 10 Nodal pricing is part of the Review of Electricity Market Arrangements being conducted by the UK government (BEIS, 2022) and ... 15
  32. Platform markets and energy services EPRG Working Paper 1334 ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1334.pdf
    7 Dec 2023: the definitions of platforms from industrial and network economics and strategic management. ... and 2) the existence of network externalities (Eisenmann et al. 2011; Eisenmann, Parker & Alstyne.
  33. On Dividend Policy

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1821.pdf
    8 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... 2013. 8 See for example Utilities Policy Volume 16 (2008) and Economics of Energy & Environmental Policy Volume 2 (2013
  34. The relationship between regulation and competition policy for…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0611.pdf
    5 Dec 2023: In the case of BT, the legislation had at least envisaged a review of the duopoly in 1991. ... By then there were five MNOs, one of which, called 3, was planning to roll out a 3G network later in 2003.10 Oftel’s Review concluded “that each mobile
  35. www.eprg.group.cam.ac.uk Rooftop solar PV and the peak load problem…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2125.pdf
    11 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University.  Research Associate, Energy Policy Research Group, University of Cambridge. ... 0-50% VRE market share). This article is structured as follows. Section 2 provides a brief
  36. www.eprg.group.cam.ac.uk Incentive regulation, productivity growth…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2126.pdf
    11 Dec 2023: in that investment decisions of network companies are subject to the carbon value of projects. ... measured TFP. Table 2 summarises the literature review. 11. Table 2: Summary of the literature for electricity network industries.

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