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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: This RCA Paper provides important lessons for Australia, especially at this time when economic regulation is subject to extensive review." Ed Willett, former member ACCC. ... Part I: Lessons from behavioural economics Why are there more behavioural -
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: Critique of CMA analysis & need for more challenge• Behavioral economics and competition economics• Evidence on latest market developments & regulatory trials 2017• Lessons for Australia? ... Merit: shows many conventional economic assumptions -
Microsoft PowerPoint - Ofwateconsscalescope [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Ofwateconsscalescope-Compatibility-Mode.pdf5 Feb 2024: Economies of Scale and Scope in Network Industries:. Lessons for UK water and. ... Electric Power Distribution. Journal of Regulatory. Economics 38, 86–109. • Levy, D., 1984. -
Microsoft PowerPoint - PamplonatalkPollitt [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PamplonatalkPollitt.pdf2 Feb 2024: utility reforms in the EU15’, Energy Economics, 33 (2): 178-187. • Fouquet, R. ... 309 (January), Department of Applied Economics, University of Cambridge, Cambridge. References• Moore, J. -
Microsoft PowerPoint - LessonslearnedBrussels2 [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-LessonslearnedBrussels2-Compatibility-Mode.pdf5 Feb 2024: Renewables? – Green jobs/economy/technology? Lessons from economic theory. • Number of firms () and market shares (-). – Competitive generation and retail markets. • Entry barriers (-). – Freer entry to generation and supply. ... Other evidence -
www.eprg.group.cam.ac.uk Michael Pollitt Judge Business…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt_Electrical-Energy-Storage-May-2016.pdf2 Feb 2024: Lessons from Europe and California. www.eprg.group.cam.ac.uk. • W ith thanks to my student Francisco Ruz. • ... www.eprg.group.cam.ac.uk. 6. Economic challenge in energy storage• Fossil fuel allows easy, flexible storage. -
Microsoft PowerPoint - EPRG_Presentation_18_03_2013_Finalweb
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-EPRG_Presentation_18_03_2013_Finalweb.pdf2 Feb 2024: Flexible Plug and Play. Understanding best practice regarding interruptible. www.eprg.group.cam.ac.uk. Understanding best practice regarding interruptibleconnections for wind generation: lessons from national. ... Principle of access: LIFO (date of -
Microsoft PowerPoint - SBGI 2011 MGP [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-SBGI-2011-MGP.pdf5 Feb 2024: Key is to attract sufficient bidders and avoid collusion, as per standard industrial economics. • ... criteria; fuzzy. economic. criteria. www.electricitypolicy.org.uk. threshold criteria) criteria. Tariffs Zonal tariffs. -
A UK Obsession With Natural Gas?
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Future-of-Network-RegulationEU-China.pdf5 Feb 2024: Role of Regulator/Governments. w w w.eprg.group.cam.ac.uk. Lessons from network regulation? • ... Netherlands: regulatory process and consumer welfare." Journal of Regulatory Economics, 31(3): 261-287. • -
Microsoft PowerPoint - OffshoreTransmission2 [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-OffshoreTransmission2-Compatibility-Mode.pdf5 Feb 2024: Research Agenda. • Need to analyse benefits of the emerging. offshore regime and lessons using SCBA. • ... Demsetz, H. (1968), ‘Why Regulate Utilities?, Journal of Law and Economics 11 (1), 55-65. • -
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: 4. The economic and intellectual case for those diagnoses is hardly so compelling. ... Separately, there is accumulating evidence about the often-unintended effects of behavioural economics remedies. -
mindmap
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/2024-cdar-brochure.pdf8 Feb 2024: Programme delivery. LIVE TUTORIAL SESSIONS. Tutorials are group lessons where you will learn from. ... and the underlying social and economic elements• differentiate and evaluate the various types of digital money and. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt-_BMs-BIEE_22Sep16.pdf2 Feb 2024: Impact of flexibility on the generation mix GB 2030. Economic challenge in energy storage. ... Some basic economics of energy storage. Sources of Value Creation for generic battery storage. -
Exkurs Klimaerwärmung
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf13 Feb 2024: incentives are in place for the construction, maintenance and operation of adequate, economic and reliable transmission infrastructure. ... 4 Consumer surplus is the economic gain accruing to a consumer from engaging in trade. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-OffshoreTransmission.pdf5 Feb 2024: American Economic Review 72 (1): 1-15. • Demsetz, H. (1968), ‘Why Regulate Utilities?, Journal of Law and Economics 11 (1), 55-65. • ... Fang, H. and Morris, S. (2006), ‘Multidimensional private value auctions’, Journal of Economic. -
A UK Obsession With Natural Gas?
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Eurelectric-2011-Final.pptx5 Feb 2024: Unbundling and Ownership. www.eprg.group.cam.ac.uk. Lessons from network regulation. Incentive regulation ve (Jamasb and Pollitt, 07). ... Department of Economics, George Washington University, Working Paper, March. www.eprg.group.cam.ac.uk. -
Faculty of Economics TA C K L I N ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-tacklingcarbon.pdf12 Feb 2024: breathing space to consider the lessons and its redesign for the long haul post-2012. ... He brings to the field not only a deep understanding of the economic principles, but also a detailed knowledge of the lessons from experience to date, with a sharp -
A UK Obsession With Natural Gas?
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-a-regulatory-regime-for-energy.pdf5 Feb 2024: Who should pay for networks?• General economic principles:• Charges should allocated to those best able to. ... w w w.eprg.group.cam.ac.uk. Congestion management. • General economic principles:• Too much congestion is an externality. -
littlechild Customer involvement in transmission planning decisions…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-scopeforcustomerinvolvement.pdf13 Feb 2024: In economic language, the. 4 E.g. Michael Pollitt, “Electricity Reform in Argentina: Lessons for Developing Countries”, Cambridge – MIT Institute Electricity Project, CMI Working Paper 52, September 2004. ... 381. 8. However, there has been little -
Microsoft PowerPoint - PwC talk 060611 Final [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PwC-talk-060611-Final.pdf5 Feb 2024: Mainly engineering. criteria; fuzzy economic. criteria. www.electricitypolicy.org.uk. (congestion threshold. criteria). Tariffs Zonal tariffs. ... Noe, et al. (2010). "Efficiency of financial transmission rights markets in centrally coordinated periodic -
Sioshansi-Prelims.qxd
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-marketversusregulation.pdf13 Feb 2024: why other countries should not follow suit where it is economic todo so. ... This means they overestimated the economic benefits and prof-itability of the lines. -
2/2024 CHRISTOPHER MARQUIS Cambridge Judge Business School;…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/christopher-marquis-cv.pdf5 Feb 2024: 352-390 in Economic Sociology of Capitalism, edited by Victor Nee and Richard Swedberg. ... Technology); Chinese University of Hong Kong – Shenzhen (Management and Economics); City University of Hong Kong (Management); Drexel University (Management); -
100922 BIEE VI in bio-ethanol Jin
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-paper.pdf5 Feb 2024: Energy Information Administration, USA. FAO (2009). High Food Prices and the Food Crisis – Experiences and Lessons Learned. ... Williamson, O.E. (1979). Transaction-Cost Economics: The Governance of Contractual Relations. J. -
Microsoft PowerPoint - cambridge_dec2005_v15_cvh_to_eprg_0712200567
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-cambridge_dec2005_v15_cvh_to_eprg_0712200567.pdf7 Feb 2024: Jointly between Dresden University of Technology, Chair of Energy. Economics and Public Sector Management, and DIW Berlin (German. ... SoS-Economics 201 (Security of Supply)The optimal Level of Security: A Welfare Perspective. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-TransmissionandRetailMarketJapan.pdf2 Feb 2024: Recent proposals based on economic fallacy– Tariffs available in a competitive market will not remain. ... The Warwick Economics Research Paper Series (TWERPS). University of Warwick, Department of Economics. -
Microsoft PowerPoint - PN_EnergySecurity
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PN_EnergySecurity_SECURE.pdf5 Feb 2024: 3%. 0 10 20 30 40 50 60 70 80 90Source: US Bureau of Economic Analysis; BP Statistical Review of World. ... International hydrocarbon markets are a source of energy. Japan: some lessons for Europe. -
ReportforWhichFinal100511
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ReportforCAFinal100511EPRG.pdf8 Feb 2024: aims to create greater long-term certainty around the economics. of plants from different technologies. ... for achieving this are mentioned: (1) the economics of low-carbon generation, (2) the investment. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-new-models-of-public-ownership.pdf5 Feb 2024: Risks most efficiently handled by private sector:– Economic and financing risks– Construction risk– Operational risk– Commercial risk. • ... Newbery (1994). "The Dynamic Efficiency of Regulatory Constitutions." The RAND Journal of Economics 25(4 -
Stelios Kavadias - CV (PDF)
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/stelios-kavadias-cv.pdf5 Feb 2024: Optimal Resource Allocation in an NPD Project Portfolio”. Updated: 4/2/2024. • Sloan School of Management, MIT • Athens University of Economics and Business. ... Languages: Greek (native), English (fluent), French (good), German (elementary). • -
Microsoft PowerPoint - Presentation KA _IAEE
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-K.-Anaya_IAEE_June21.pdf2 Feb 2024: Version 1.0. Deliverable D5.10. Dec. 2019. InterFLEX – Enedis (2019a), Demonstration results based on the KPI measurements and lessons learnt from the demonstrations. ... 1-6. Radecke, J., Hefele, J., Hirth, L. (2019), Markets for Local -
Wind Farm Development and North-South Cooperation in China
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-nother-south-cooperation-china.pdf12 Feb 2024: Institutional papers: • James Cust. Intermediate Indicators: Lessons for their Use in Measurement, Reporting and. ... Lessons from Conditionality Provisions for South-North. Cooperation on Climate Policy. Policy summary: • Karsten Neuhoff. -
Allocation matters
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-allocationmatters.pdf7 Feb 2024: creating institutional independence. Executive Summary: Lessons from monetary policy. 13Neuhoff, Keats, Sijm, Matthes, Johnston. ... Frequently motivated by ‘fairness’ relative to existing facilities– From an economic perspective not required, as -
Microsoft PowerPoint - OH_LMP_BrusselsJune10_2010_FINAL
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-why-did-the-US-mostly.pdf5 Feb 2024: DoGEE, Johns Hopkins University, USAMarket Surveillance Committee, California ISO, USA . Karsten NeuhoffClimate Policy Initiative,. German Institute for Economic Research (DIW Berlin). ... O’Neill, U. Helman, B.F. Hobbs, and R. Baldick, -
Microsoft PowerPoint - KA AIEE 15 Dec 2021
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-K.-Anaya_-AIEE_15Dec21.pdf2 Feb 2024: About the Project. MERLIN = Modelling the Economic Reactions Linking Individual Networks is a BEIS funded innovation project, under the Power Forward Challenge: Canada-UK Joint Challenge on Smart Energy Systems. ... Energies, 14, 4073. • Anaya, K.L., -
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: Though electricity presumably came closest.) All this is not accidental. There is now an extensive theoretical and empirically tested economic literature (public choice, theory of economic regulation etc) whose clear lesson ... 7. There are other -
Response to DTI final 3 April final
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-responsetodti.pdf13 Feb 2024: 1. Response to DTI’s Energy Review. David Newbery. Faculty of Economics, Cambridge3 April 2006. ... This is where the DTI should take an economic approach to mechanisms forsupporting low-carbon RD&D. -
A UK Obsession With Natural Gas?
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-FutureofElectricityLiberalisationEdF.pdf5 Feb 2024: to bid (major lesson from US). • If for low carbon need to worry about auction. ... content/uploads/2010/05/Parail.pdf • Platchkov, L. and Pollitt, M. (2010), The Economics of Energy and Electricity Demand, EPRG Working Paper, forthcoming. • -
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: 5 Supplementary study of ethos of regulatory legislation, draft report, Europe Economics, 28 November 2005. ... serve and contribute to the economic and social development and well-being of Guernsey. - -
Energy and Climate: Opportunities for the G-8 Research by ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-opportunities_for_the_g8_2008.pdf12 Feb 2024: Preface With the rapid rise in oil prices, energy dependence and its economic consequences has again become a big issue. ... There is then minimal scope for adjusting behaviour to avoid the regulation with the consequent economic distortions and -
WPM$1779
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildtransmissionregulation.pdf13 Feb 2024: This member pointed out that he was the non-legal member of the Tribunal, with expertise in engineering, economics and sociology. ... additional cost of the interconnector component of SNI was the most economic way to protect TransGrid against stranding -
1 DB\Comment on CREG Capacity Remuneration Mechanisms or Energy-Only…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_Comment_24Mar2020.pdf7 Feb 2024: Ministry of Economics and Energy, 2019, p.94), and later, “In Germany/Luxembourg, LoLP remains zero in the entire time span. ... kWh, weakly justified by a stated preference survey with some very high industrial values and rather low consumer values -
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: Joskow and Schmalensee (1983) provided particularly informed, thoughtful, imaginative and influential economic analysis of electricity deregulation. -
RPI-X, competition as a rivalrous discovery process, and customer…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-RPI-X-and-competition-11-July-2014.pdf8 Feb 2024: Telecommunications Economics, Peter Peregrinus Ltd on behalf of the Institution of Electrical Engineers, 1979. ... 21 "Transmission Expansion in Argentina 1-6", Energy Economics, 30(4), July 2008, 1367-1535. -
1 Competition and Markets Authority Victoria House Southampton Row ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Submission-to-CMA_June2020.pdf7 Feb 2024: Were there better ways of doing things? Surely. Were lessons learned over time? ... Regulation and customer engagement, Economics of Energy and Environmental Policy, 1 (1), December 2011. -
How to deliver an electricity market freer of government R2
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_How-to-deliver-an-electricity-market-freer-of-government-R2.pdf7 Feb 2024: It then places the British electricity industry in its historical context since privatization, to draw lessons from earlier market designs and the experience of the EMR, particularly the impact of auctions ... Liberalization, at least in GB, took place -
1 The regulation of retail competition in US residential ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_28-Feb-2018.pdf7 Feb 2024: 15 P L Joskow, “California’s electricity crisis”, Oxford Review of Economic Policy, 17 (3) Autumn 2001: 365-388. ... Incumbent utilities had different economic positions and different views on the new role provided for them as default service -
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: 39. 4.1 Lessons Learned from the Energy Crisis. 39. 4.2 Energy and Infrastructure. ... Gas prices had already been rising in 2021, creating widespread concern in economic circles and households. -
Resist the temptation to intervene on energy prices Daily ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Resist-the-temptation-to-intervene-on-energy-prices_22Mar17.pdf7 Feb 2024: customers. As former British energy regulators, we want this market to be properly understood, and lessons to be learnt from past experience. ... Until 2008, switching rates were similar across the socio-economic range. Ofgem’s crackdown on doorstep -
German Airline Regulation: a mosaic
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-german-airport-regulation-framework-agreements-civil-law.pdf8 Feb 2024: Abstract. Commentators have argued that German airport regulation lacks independence and an economic focus. ... Together with the Ministry for Economic Affairs of Hamburg, they decided to establish a form of price cap regulation. -
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: 5. This suggestion is in a report by Axiom Economics attached to Vector’s submission. ... 2. 1 Stephen Littlechild, “Municipal aggregation and retail competition in the Ohio energy sector”, Journal of Regulatory Economics, 34, 2008, pp 164-194.
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