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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. -
EPRG Spring Research Seminar 2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Programme_110513-web1.pdf30 Jan 2024: 15:40 – 16:50 SESSION 4 – LESSONS FOR UK & EU POLICY. ... Pollitt (EPRG), Ronald Roosdorp (Ministry of Economic Affairs,. Agriculture and Innovation, Netherlands). -
Microsoft PowerPoint - cambridge_dec2005_v15_cvh_to_eprg_0712200567
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-cambridge_dec2005_v15_cvh_to_eprg_0712200567.pdf30 Jan 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. -
Micro auctions for distributed generation with flexible zones
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Pollitt_ShellMITEPRG.pdf23 Jan 2024: The Australian Carbon Tax Lessons. • US Regional carbon market initiatives and recent EPA announcements. • ... Weitzman, M. (1974), ‘Prices vs.Quantities’, Review of Economic Studies, 41 (4): 477-491. • -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-K.-Anaya_Dec-2021.pdf26 Jan 2024: Cambridge Judge Business School, University of Cambridge. 09 December 2021. Local electricity markets: Lessons and implications for the DSO transition. ... Anaya, K.L., Pollitt, M.G. (2021b), How to Procure Flexibility Services within the Electricity -
This document lists key outputs from the TSEC Research ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-TSEC-Publications.pdf19 Jan 2024: Policy and its Effect on Market Power in the Gas Market, Journal of the European Economic Association 6(4), 2008 . ... and Neuhoff, K., Carbon Markets and Technological Innovation, -
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 -
Microsoft PowerPoint - POLLITT London2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-pollitt-london2007.pdf24 Jan 2024: Henderson, P.D.(1977), ‘Two British Errors: Their Probable Size and Some Possible Lessons’, Oxford Economic Papers, Vol. ... Littlechild, S.C. and Skerk, C.J. (2007), ‘Transmission Expansion in Argentina 1: the origins of policy’, Energy Economics -
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. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-J.-Pyke.pdf26 Jan 2024: Transfer of supply chain from HPC will maximise transfer of lessons learned and experience from HPC• Lessons learned from international EPR construction will also be applied at SZC. ... Independent economic regulator sets allowed costs and revenues• -
EXPLORING THE MARKET FOR DEMAND-SIDE RESPONSE
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-O.Khalid.pdf29 Jan 2024: with some customers Lessons learnt from Smart Meter Rollout Baseline measurement issue. ... US. Mill. ions. Capacity Economic Energy Emergency Energy Economic Energy Incentives Ancillary Services. -
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. -
EPRG Spring Research Seminar 2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-EPRG-EE-Seminars-Lent-2020_UPD.pdf31 Jan 2024: 18 February William Nuttall (The Open University) Fossil Fuel Hydrogen: Technical, Economic and Environmental Potential (Faculty of Economics, Keynes Room). ... 25 February Aoife Haney (University of Oxford) Business model innovation for sustainable -
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. -
EPRG Spring Research Seminar 2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-EPRG-EE-Seminars-Easter-2017-links.pdf31 Jan 2024: Judge Business School, Keynes House, Room 107, 12:30–14:00) – E&E. 9 May Annalisa Savaresi (University of Stirling) The role of law in energy transitions: lessons from community renewables ... 30 May Jon Stern (City, University of London) Utility -
Microsoft PowerPoint - 5 Michael Pollitt v2
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-5-Michael-Pollitt-v2.pdf30 Jan 2024: Lessons from elsewhere. • FITs vs TGCs. • UK RO scheme very generous (Neuhoff and Butler, 08). • ... www.eprg.group.cam.ac.uk. • Both NFFO and RO have lessons. • Quality of analysis poor. • -
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. -
Free Sample Awesome PowerPoint Background Template
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Gollier.pdf23 Jan 2024: Economics 101. Polluter pays principle. Universal price: Simple, transparent and efficient. ... Lesson of the first 20 COPs: We need a carrot-and-stick approach. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-7-POLLITT.pdf29 Jan 2024: An economic analysis of the ownership unbundling of. electricity distribution in New Zealand. ... 22. Conclusions and Lessons. Unbundling does have unintended consequences. The quantitative effects of NZ unbundling not positive. -
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 -
Microsoft PowerPoint - 4 Ian Marlee
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-4-Ian-Marlee1.pdf30 Jan 2024: Ofgem’s global scenarios. Economic recovery. Rapid Slow. 7. FOUR SCENARIOS REFLECTING KEY GLOBAL DRIVERS. ... Scenario Overview – Green TransitionIn this scenario…. • There is a rapid economic recovery and significant new investment globally. • -
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. -
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. -
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. -
EPRG Winter Seminar 6-7 December 2018 “REFORM AND CHANGE ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Programme_WinterSeminar_51118.pdf26 Jan 2024: 18:30 – 21:30 Reception, dinner & keynote speech Speaker: Prof Martin Daunton (Emeritus Professor of Economic. ... History, University of Cambridge) on Privatisation and back to. nationalisation: lessons of history. -
Microsoft PowerPoint - alloc_options051206_ee
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-alloc_options051206_ee.pdf30 Jan 2024: But political process too short-sighted for long-term commitment. – Complex economic interactions difficult to manage in political process. – ... industry support, and compensate for forgone profits – Political process with multiple objective -
EPRG Spring Research Seminar 2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-EE-Programme_Lent-11_web7.pdf31 Jan 2024: 31st January William Nuttall (EPRG) Nuclear Energy, Nuclear Research and Global Security: Some observations Castle Teaching Room . 7th February Michael Pollitt (EPRG) ... Teaching Room . 14th February Olaf Corry & -
Climate Change and Energy Sector Regulation in Developing Countries
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-09_02-pollittliberalisationpasse.pdf24 Jan 2024: much bad economic reasoning remains in national policies, which are not in that society’s interest. 27. ... London: Ofgem.• Pollitt, M. (2009a), ‘Evaluating the evidence on electricity reform: -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-10_01-m-grubb.pdf24 Jan 2024: Professor Michael GrubbChief Economist, the Carbon TrustAnd Chairman, Climate StrategiesSenior Research Associate, Faculty of Economics, Cambridge. ... Kyoto Protocol was designed to reflect economic theory as constrained by political realities into -
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. -
EPRG Winter Research Seminar 2006 Thursday 14 December Corpus ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Winter-2006-Agenda-Web1.pdf30 Jan 2024: Overall Economic Efficiency measurement on 14 DNOs from 1990/91. - 2003/04. ... Lessons for European Tariff setting. 16.40 ROUND TABLE DISCUSSION OF CURRENT POLICY ISSUES. -
Regulatory Decisions and Sector Outcomes: Evaluating the Impact of…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-8-STERN.pdf29 Jan 2024: 4) Does not repeat mistakes or poor decisions 5) Implement lessons from best practice regulation in other. ... b) Impacts on economic development. Regulatory Decisions and Sector Outcomes: Evaluating the Impact of Infrastructure Regulators. -
www.eprg.group.cam.ac.uk Output vs Input subsidies in agriculture: a…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/eprg-wp2406.pdf18 Jun 2024: It has been empirically established that farmers are most influenced by economic incentives. ... In the economics literature, the choice experiment is an established method for conducting economic valuation of alternatives before policy change. -
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. • -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Knittel_2019.pdf23 Jan 2024: promotes job growth, • minimizes worker and community dislocation, and • harnesses the benefits of energy innovation for regional economic. ... incidence of carbon policies across different socio-economic groups, workforce development. • Team of -
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. -
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 -
Capacity markets, energy-only markets and security of supply (Using…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-smeers_dec2007.pdf30 Jan 2024: a very fine (useful?) lesson of the subprime crisis: assimilating P. ... Basic investment economics. • One invests if gross margin covers the investment cost. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-S.-Georgiopoulos_Winter2019.pdf26 Jan 2024: Publish tender framework, assessment criteria, tender results. Maximise available opportunities using economic principles. ... wholesale). Objectives• Allocate curtailment efficiently amongst. constrained DER. • Provide an economic signal to DERs -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.Ozawa-conference-slides.pdf23 Jan 2024: and economic ramifications (Hoffman: 2002; Keating and Ruzicka: 2014; Kydd: 2005; Möllering: 2008). ... Journal of Law and Economics 36, no. 1 (1 April 1993): 453–86. -
EPRG Winter Seminar 12-13 December 2019 “MANAGING CONSTRAINTS FACING…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Programme_WinterSeminar_FINAL.pdf26 Jan 2024: LESSONS FROM AUSTRALIA, GB AND CALIFORNIA Chair: David Newbery (EPRG) Paul Simshauser (Griffith Business School) Australia’s National Electricity Market Janusz Bialek (Newcastle University) GB and California. ... RD&D in climate change mitigation and -
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. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-2014_Madrid_6B_Reiner.pdf23 Jan 2024: The profit level was close to zero in 2013. This indicates a high economic. ... What lessons can be learned from experience with subsidy regimes across EU member states? -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1b-Pollitt.pdf29 Jan 2024: ISO then evaluates all proposed transmission investments. using social cost benefit methodology – including reliability, economic and public policy elements. – ... Pollitt, M.G. (2012), “Lessons from the History of Independent System Operators in -
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); -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-09_04-j_parsons.pdf24 Jan 2024: 16. Update of the economics to reflect climbing costs(cont.). Table 1: Summary of Results. ... Overnight Cost Summary: Nuclear. Update of the economics to reflect climbing costs(cont.). -
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. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-RICHTER-MIT_EPRG-7-July-2016.pdf23 Jan 2024: Laura – Lucia Richter Faculty of Economics & EPRG. University of Cambridge. ... Summary of High-Level Lessons. APPENDIX. Discrete choice experiments require careful design:. -
The fintech lending channel of monetary policy Lavinia Franco∗ ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-3-franco.pdf2 Jul 2024: economic and financial variables that pre-date the announcements and appear to have. ... purchasing managers’ index as measure of the U.S. economic activity, the monthly U.S.
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