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RobertRitz_SIMI_Paris_April2016_slides
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-RobertRitz_SIMI_Paris_April2016_slides.pdf2 Feb 2024: Source: IMF World Economic Outlook (October 2014). NB. Large oil & gas price declines since late 2014. ... Author alerts . Russian President Vladimir Putin and Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit inBeijing. -
Determination, doubt, delusion, destruction and denial: Regulation…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Slides-slittlechild-eprg-May-22.pdf26 Jan 2024: Delusion: the CMA’s £2bn customer detriment. • Economic analysis says competitive price is Pc • Intersection of Supply and Demand curve• Customer detriment if price above Pc. • ... Ofgem’s 3 tests are ad hoc and unconvincing• Smart -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ElectricityMarketReformJapan.pdf2 Feb 2024: nature of supply and demand in markets– on economic instruments for reducing externalities…. • ... The contrast between the UK government’s unwillingness to accept economic analysis vs. -
Electricity Policy Research Group CAN SECTORAL AGREEMENTS AND OUTPUT…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-cs_paris.pdf12 Feb 2024: Contact Faculty of Economics, University of Cambridge, CB3 9DD, UK. karsten.neuhoff@econ.cam.ac.uk. ... full economic interface with national economies and domestic policies in the non-covered sectors. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_April2020.pdf2 Feb 2024: on-shore congestion)– But hard to test stability of real large-scale systems. • ... www.eprg.group.cam.ac.uk. D Newbery 11. Q1 Incentive changes helpful. to coordinate? • Identify best synergistic OWF and IC projects– Ideally separately economic -
Renewable Integration: The Role of Market Conditions
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/05/eprg-wp2403.pdf3 May 2024: Daniel Davi-Arderius University of Barcelona & Chair of Energy Sustainability, Barcelona Institute of Economics (IEB), Spain. ... Tooraj Jamasb. Copenhagen School of Energy Infrastructure (CSEI) Department of Economics, Copenhagen Business School, Denmark -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt_InSearchofGoodEnergyPolicyChina_May-2016.pdf2 Feb 2024: Michael Pollitt. Professor of Business Economics Judge Business School, University of Cambridge. ... Economics and the proper valuation of the pollution externality. •Philosophy and energy justice, emotions and the non-neutrality of expert advice. -
RobertRitz_MIT_StrategicGas_April2015_final
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-RobertRitz_MIT_StrategicGas_April2015_final.pdf2 Feb 2024: Global prices explained by LNG market power. Source: IMF World Economic Outlook (October 2014). ... arbitrage: An analysis of global LNG markets”, Energy Economics 45, September 2014, pp. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Chyong_Pres_for-Bocconi-Uni150212.pdf2 Feb 2024: www.eprg.group.cam.ac.uk. EPRG of Cambridge University – one of the leading research centres on energy economics and policy. • ... www.eprg.group.cam.ac.uk. If Merchant model, can project developers pass ‘competition and SoS tests?’. • -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Pollitt_Dec21.pdf26 Jan 2024: The economic viability of local heat schemes should improve, suggesting that heat networks might expand in some places. ... Heat network economics are challenging at the best of times with rising energy efficiency (e.g. -
SHAPING SUCCESS Learnings from a Day of Wo+Men’s Engagement ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/03/2024-wlc-shaping-success.pdf8 Mar 2024: Prior to her career at Textyle, she competed on the Women’s Professional Tennis Tour, before studying Monetary Economics at the London School of Economics. ... drive economic growth;• developing innovative solutions to environmental and social -
Report: Philanthropy & Innovative Financing in Asia and the…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/03/csp-report-philanthropy-and-innovative-financing-in-asia-and-middle-east-2024.pdf1 Mar 2024: it become a widespread practice among philanthropists in Asia and the Middle East. ... In the Middle East, philanthropy still predominantly involves charitable giving, in-house foundation. -
Microsoft PowerPoint - ICIS Heren Talk on EMR [Compatibility Mode]
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ICIS-Heren-Talk-on-EMR-Compatibility-Mode.pdf5 Feb 2024: The economics of market reform: Assessing the likely commercial and. regulatory impact of EMR. ... International Review of Environmental and Resource Economics, 4, 51-92. • Grubb, M., Jamasb, T. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Yichi-Winter-Seminar-slides-07122012.pdf29 Jan 2024: EPRG Winter Research Seminar – 07 December 2012. The Economics of LNG Export Contract Flexibility:. ... Uncertainty about nuclear power after Fukushima. Surging gas demand, especially in emerging markets (e.g, China, India, Middle East). -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_AEEESalamanca17final.pdf2 Feb 2024: Learning from elsewhere and experimenting essential challenge funds to try new ideas and test regulations copy Ofgem’s Network Innovation Competitions • Bad: Auctions new technology => rapid irreversible decisions. – ... Public economics applied to -
Carbon Offsets:Decarbonization or Transition-Washing? Sehoon Kim Tao…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-6-yanbin.pdf3 Jul 2024: empirical tests. Specifically, we test whether firms use more carbon offsets when they face. ... foreign exchange rates (USD pairs) from the Organisation for Economic Co-operation and. -
Formato Normalizado del IIT No. 2
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-2014_Madrid_5A_Arriaga.pdf23 Jan 2024: economic development and help to avoid 1.5 million. premature deaths per year.”. ... Test Sub-District: Dharhara. Variable Unit Proxy Source Data Type. Population. LandScan 2012 Population km x km Household Points ORNL Raster. -
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. -
The nature of competition and the regulatory process
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-thenature-of-competition-and-the-regulatory-process.pdf8 Feb 2024: Property A has attracted most interest in discussions of competition policy, for example underlying the SSNIP test. ... The effectiveness of competition is often judged by market shares or the SSNIP test. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Pamela-TaylorPresentation-Gas-Target-Model-EPRG-9-Dec-2011.pdf29 Jan 2024: Enables SoS considerations to feed into decision making (when setting economic test). • -
Generalized linear competition: From pass-through to policy
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-R.-Ritz_GLC_Nov-2020.pdf2 Feb 2024: Ritz (Cambridge) GLC November 2020 1 / 32. Research motivation. Economic policy and shifts in input market prices have significantimpacts on firms’ marginal costs and profits. ... 4 A4M: Linear product market behaviourTwo empirical tests for linear -
European Gas Security After the Crisis
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PN_SF_Comment-on-the-draft-Regulation2.pdf9 Feb 2024: The implicit assumption behind this approach is that involuntary interruption of gas supply to everything except households is not conducive to serious economic or social. ... 1. The formula tests the ability of a national gas system to source actual -
Stakeholder Perceptions of Demonstrating CCS in China
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-stakehold-perceptions-of-ccs-in-china.pdf9 Feb 2024: Socio-economic impacts. Environmental concerns. Energy security. Market competitiveness. ... tests were used to understand the influence of behavioural patterns on energy investment. -
Written evidence - Professor Stephen Littlechild
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Submission-to-H-of-L-official-version-46083.pdf7 Feb 2024: Dear Lord Hollick. Submission to the House of Lords Economic Affairs Committee,Investigation into the Economics of UK Energy Policy. ... The CMA’s detailed workings were made available to parties’ legal and economic advisers by way of a -
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: How difficult could it be to set one number, which was a political as much as an economic decision? ... Regulation and customer engagement, Economics of Energy and Environmental Policy, 1 (1), December 2011. -
Blockchain scaling and liquidity concentration ondecentralized…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-2-caparros-chaudhary-klein.pdf2 Jul 2024: hypotheses in Section 4.1. We then test the causal relation between repositioning intensity. ... Eth, are 1.18%-14.54%. T-statistics of the two-tailed t-test with the null-hypothesis of. -
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. ... 15. The CMA also recommended that Ofgem test aspects of the marketing communications byrival suppliers (e.g. -
WPM$44AC
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-smallersuppliersintheuk.pdf13 Feb 2024: It is therefore important to understand what determines the rate of entry of smaller suppliers, and whether this is constrained by economic factors or by artificial barriers to entry. -
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: Gas prices had already been rising in 2021, creating widespread concern in economic circles and households. ... lithium and 72% of processed cobalt (Go 2022; The Economist – Finance & Economics 2021; and The Economist – Asia 2023). -
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. -
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. -
Response to CMA on Supplemental Remedies
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Response-to-CMA-on-Supplemental-Remedies-9-Nov-2015.pdf7 Feb 2024: Gas and Electricity Markets Authority (GEMA) 1998-2003 Eileen Marshall CBE, Director of Regulation and Business Affairs, Offer 1989-1994; Chief Economic Adviser and later Deputy Director General of Ofgas ... interventions halved customer switching, -
CIVICA RX: “Collaborating to disrupt healthcare”, Cambridge Judge…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/04/cchle-case-study-civia-2023.pdf9 Apr 2024: To stress-test the idea, a small group of people, including Liljenquist, VanTrieste, Dredge and others, met with Don Berwick, President of the Institute for Healthcare Improvement and former CMS Administrator, ... Dan received his JD from The University -
The proposed new EU renewables directive:
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-neuhoff_renewables_directive.pdf12 Feb 2024: The paper discusses the economic and legal implications for national support schemes and suggests to possible extensions to enhance legal certainty for investors. ... States? Figure 1 illustrates how the targets are to be allocated according to the -
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. -
SCL response to Ofgem consultation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-SCL-Response-to-Ofgem-consultation-21-Dec-2012rev.pdf2 Feb 2024: For a more extensive critique, see also Oxera, Economic appraisal of Ofgem’s domestic tariff. ... p 28) This concept of attention is consistent with economic analysis of the competitive market process. -
1 Maureen Paul Head of Analytical Strategy and Development ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Response-to-Ofgem-on-effective-competition-9-Jul.pdf7 Feb 2024: 1958), “A critique of Concepts of Workable Competition”, The Quarterly Journal of Economics,. ... their lifestyle. A significant price differential has an important economic role: to alert hitherto. -
Business, Energy and Industrial Strategy Committee Oral evidence:…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_BEIS-oral-evidence-Dec-2017.pdf7 Feb 2024: customers?” That is the acid test. Stephen Littlechild: Let us just make the point. ... Go ahead, Ofgem: test them in the real. world.” Those results are really quite striking. -
1 Energy Prepayment Review Competition and Markets Authority Victoria …
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Energy-Prepayment-Review-submission-to-CMA_1Jul19.pdf7 Feb 2024: protection at the end of a charge restriction period rather than in the middle of such a period, as would be the case if the original expiry date were to remain.”. ... Para 6.3 makes provision for “Ofgem to commence protection at the end of a charge -
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: Generation investment responded rapidly with the massive entry of gas-fired generation threatening the economics of the old coal stations buying coal on high price vesting contracts, which, as they expired, ... Liberalization, at least in GB, took place -
1 Mr Will Fletcher, Project Manager Energy market investigation ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Response-to-CMA-Provisional-Dec-Remedies_S.Littlechild.pdf7 Feb 2024: 1. Mr Will Fletcher, Project Manager Energy market investigation Competition and Markets Authority Victoria House Southampton Row London WC1B 4AD By email at EnergyMarket@cma.gsi.gov.uk 11 April 2016. Dear Will. Response by former GB energy -
Consumer involvement, ex post regulation and customer appeal…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Consumer-involvement-ex-post-consumer-appeal-29-Nov-09-eprg.pdf9 Feb 2024: It would be straightforward to weed out appeals from individual citizens Arbitration”, American Law and Economics Review, advance access published online October 19, 2007.
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