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  2. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-OffshoreTransmission.pdf
    5 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.
  3. EPRG Spring Research Seminar 2007

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-EPRG-EE-Seminars-Lent-2020_UPD.pdf
    31 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
  4. Free Sample Awesome PowerPoint Background Template

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Gollier.pdf
    23 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.
  5. A UK Obsession With Natural Gas?

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Eurelectric-2011-Final.pptx
    5 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.
  6. Regulatory Decisions and Sector Outcomes: Evaluating the Impact of…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-8-STERN.pdf
    29 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.
  7. A UK Obsession With Natural Gas?

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-FutureofElectricityLiberalisationEdF.pdf
    5 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. •
  8. Towards anonymous undercollateralized loans Tim (Lebathong) Dong ∗…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-1-dong.pdf
    2 Jul 2024: 1995. Myopic Loss Aversion and the Equity Premium Puzzle.The Quarterly Journal of Economics 110:73–92. ... Discrimination in the Small-Business Credit Market. Review of Economics and Statistics 85:930–943.
  9. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Knittel_2019.pdf
    23 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
  10. 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.pdf
    26 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.
  11. 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.pdf
    7 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.
  12. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt-_BMs-BIEE_22Sep16.pdf
    2 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.
  13. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-2014_Madrid_6B_Reiner.pdf
    23 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?
  14. 2/2024 CHRISTOPHER MARQUIS Cambridge Judge Business School;…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/christopher-marquis-cv.pdf
    5 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);
  15. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.Ozawa-conference-slides.pdf
    23 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.
  16. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-S.-Georgiopoulos_Winter2019.pdf
    26 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
  17. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1b-Pollitt.pdf
    29 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
  18. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-09_04-j_parsons.pdf
    24 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.).
  19. 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.pdf
    26 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
  20. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-RICHTER-MIT_EPRG-7-July-2016.pdf
    23 Jan 2024: Laura – Lucia Richter Faculty of Economics & EPRG. University of Cambridge. ... Summary of High-Level Lessons. APPENDIX. Discrete choice experiments require careful design:.
  21. ELECTRICITY REGULATION IN GUERNSEY A Report prepared for Guernsey ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildguernsey.pdf
    13 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. -
  22. Reflections on CCS Demonstration

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-D.-ReinerAnnualConf2015CCS-2.pdf
    23 Jan 2024: The Department must learn the lessons of the failure of this project if further time is not to be lost, and value for money achieved on future projects.” (italics mine) – Amyas ... We believe that the immediate priority is to demonstrate the
  23. 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.pdf
    12 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
  24. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-TransmissionandRetailMarketJapan.pdf
    2 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.
  25. 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.pdf
    7 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.
  26. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-new-models-of-public-ownership.pdf
    5 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
  27. 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.pdf
    2 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.
  28. Stelios Kavadias - CV (PDF)

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/stelios-kavadias-cv.pdf
    5 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). •
  29. Microsoft PowerPoint - Presentation KA _IAEE

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-K.-Anaya_IAEE_June21.pdf
    2 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
  30. Policy Responses to the European Energy Crisis The Bad, ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-MICHAEL-POLLITT-EPRGSpringSeminar050523.pdf
    24 Jan 2024: A good first year economics undergraduate should have been able to predict this result! • ... It is not an electricity market design crisis.• Sound economics should be our guide in an energy crisis and predictions of the future path of prices.
  31. Microsoft PowerPoint - TWOMEY CMI Slides [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-twomey-cmi-slides-compatibility-mode.pdf
    30 Jan 2024: Lessons and Conclusions. Defining Market Power. • Definition: The ability to profitably alter prices. ... of drawing on the TSO’s expertise will be lost. Conclusions and Lessons. •
  32. Energy Transitions and Magical Thinking David Reiner, EPRG…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-D.-Reiner_Comp.pdf
    23 Jan 2024: Fabra et al study for CERRE (Oct 2015). • Lessons from Germany, France and UK – The Energy Transition is a long process that requires strong. ... China’s Coal expansion. At a time of massive economic transformation, China was able to draw on
  33. Allocation matters

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-allocationmatters.pdf
    7 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
  34. 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.pdf
    12 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.
  35. Microsoft PowerPoint - OH_LMP_BrusselsJune10_2010_FINAL

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-why-did-the-US-mostly.pdf
    5 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,
  36. Response to DTI final 3 April final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-responsetodti.pdf
    13 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.
  37. Microsoft PowerPoint - KA AIEE 15 Dec 2021

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-K.-Anaya_-AIEE_15Dec21.pdf
    2 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.,
  38. 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.pdf
    7 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
  39. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.Pollitt_S.Georgiopoulos_2019.pdf
    26 Jan 2024: ed.).• Viscusi, W.P., Harrington, J.E., Sappington, D.E.M. (2018), Economics of Regulation and Antitrust, 5th. ... Why and how to subsidise energy R+ D: Lessons from the collapse and recovery of electricity innovation in the UK.
  40. WPM$1779

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildtransmissionregulation.pdf
    13 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
  41. 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.pdf
    7 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
  42. 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.pdf
    7 Feb 2024: Joskow and Schmalensee (1983) provided particularly informed, thoughtful, imaginative and influential economic analysis of electricity deregulation.
  43. 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.pdf
    8 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.
  44. The future of manufacturing: a new era of opportunity and challenge…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/05/cbr-specialreport-futureofmanufacturingforesight.pdf
    8 May 2024: 1. MANUFACTURING MATTERS. Manufacturing is essential for long term economic growth and economic resilience. ... Economic resilience: Economies with strong, export-led manufacturing sectors typically recover from recessions faster than those without
  45. 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.pdf
    7 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.
  46. 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.pdf
    7 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
  47. 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.pdf
    7 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
  48. 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.pdf
    25 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.
  49. 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.pdf
    7 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
  50. PowerPoint 프레젠테이션

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-6-3-Overseas-Hydrogen-Imports-and-Energy-Security-in-Korea_Jinsoo-Kim-Hanyang-University.pdf
    23 Jan 2024: Energy resilience: the ability of an energy system to retain, react, overcome and overpass perturbations caused by a shock in economic, social, environmental and. ... It would be good to ruminate on the lessons from natural gas imports.
  51. 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: 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.

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