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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 -
ENERGY MARKETS UNDER STRESS: LESSONS LEARNED FOR THE FUTURE OF…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-PollittEPRGWinterSeminar.pdf26 Jan 2024: The economic response to the COVID-19 pandemic reminded everyone of the power of pragmatic economics and reminded us of the necessity and power of democratic government in market economy faced ... and Nishio, K-I. (2016), ‘Responding to electricity -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Knittel.pdf23 Jan 2024: while visiting a coal plant in West Virginia:. • “Here’s a little economics lesson: supply and demand. ... Slide Number 22. Lessons. Related question: The War on Coal. Related question: The War on Coal. -
Cambridge - McKinsey Risk Prize Bio-sketch and Photo Page ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/emily-tianyuan-wang-final-version.pdf9 Jul 2024: the beginning of the 21st century. However, as local governments increasingly prioritized economic. ... driving force behind China’s impressive economic expansion, fuelling substantial increases in GDP. -
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. -
Dia 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-8-Roosdorp.pdf30 Jan 2024: Lessons from 15 years renewable energy policy. • One instrument, 1 goal• Promote competition among technologies• Shift responsibility for aquiring support to private. ... Lessons from 15 years renewable energy policy. New instrument from 1 July 2011 -
Some MW Are More Equal Than Others
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1B-Falk.pdf29 Jan 2024: Administrative overrides and economic principles. rarely mix well, and the administrative process is. ... Copyright 2013. National Economic Research Associates, Inc. All rights reserved. -
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 -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-F.-Roques_EPRG_MIT_Paris_01072017.pdf23 Jan 2024: The “rational choice” institutionalism emphasizes economic gains in terms of social efficiency (including the. ... Timeline of regulatory reforms in North America. North America – Lessons from the various experiences with. -
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 - 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. -
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 - 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. -
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. • -
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). -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Pollitt_Dec21.pdf26 Jan 2024: www.eprg.group.cam.ac.uk. Electricity Demand in Net Zero: Lessons from Data Centres. Michael G. ... Heat network economics are challenging at the best of times with rising energy efficiency (e.g. -
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. • -
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: -
Energy and Climate Manifestos 290624
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/eprg-Energy-and-Climate-Manifestos-290624.pdf4 Jul 2024: https://doi.org/10.1093/oxfordjournals.oep.a042185 14 Henderson, P.D. (1977), ‘Two British Errors: Their Probable Size and Some Possible Lessons’, Oxford Economic Papers, 29(2): 159-205, ... Insights from a meta-analysis of recent economic studies’, -
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, -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/eprg-EPRG-Spring-Seminar-Pollitt-EU-Energy-Policy.pptx18 Jun 2024: Economic theory says the best way to do this is by directly taxing excess profits. ... Emergency intervention principles. ‹#›. www.eprg.group.cam.ac.uk. Pollitt, M. (2019), ‘The Single Market in Electricity: An Economic Assessment’, Review of -
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 3-Party Covenant Financing of…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/eprg-wp2405.pdf1 Jul 2024: www.eprg.group.cam.ac.uk. 3-Party Covenant Financing of ‘Semi-Regulated’ Pumped Hydro Assets. EPRG Working Paper 2405 Cambridge Working Paper in Economics 2425. ... Our aim is to help bridge intermediate storage economics with what are likely to be -
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. -
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. -
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. -
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. • -
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 -
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 -
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 -
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. -
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. -
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 -
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. -
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. • -
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. -
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 & -
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. -
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.
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