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  2. Microsoft PowerPoint - OffshoreTransmission2 [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-OffshoreTransmission2-Compatibility-Mode.pdf
    5 Feb 2024: Demsetz, H. (1968), ‘Why Regulate Utilities?, Journal of Law and Economics 11 (1), 55-65. • ... Klemperer, P. (2002), ‘What really matters in Auction Design’, Journal of Economic Perspectives, Vol.16 (1): 169-189. •
  3. 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: Regulatory investment test for distribution. Australian Energy Regulator, Dec. 2018.Alliander (2019), Annual Report 2018. ... 1-6. Radecke, J., Hefele, J., Hirth, L. (2019), Markets for Local Flexibility in Distribution Networks, ZBW – Leibniz
  4. 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. ... 1) (2) (3). Non-fintech Fintech T-test. Obs. Mean Median SD Obs.
  5. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ElectricityMarketReformJapan.pdf
    2 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.
  6. PN_RiseOfAsia_Energy_EIU_EPRGversion

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Energy-and-the-Rise-of-Asia.pdf
    8 Feb 2024: July 2011. 1. Energy consumption growth moves east. As the source of global economic growth shifts towards emerging economies and especially fast-developing Asia, so does the geography of energy consumption ... In particular, if China and India happen to
  7. Microsoft PowerPoint - PwC talk 060611 Final [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PwC-talk-060611-Final.pdf
    5 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
  8. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_April2020.pdf
    2 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
  9. Microsoft PowerPoint - UpdateonUKelectricitymarket200313

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-UpdateonUKelectricitymarket200313.pdf
    2 Feb 2024: EMR displays a huge amount of economic illiteracy:. – on the theory of finance. – ... The. Warwick Economics Research Paper Series (TWERPS). University of Warwick, Department of Economics.
  10. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt-_BMs-BIEE_22Sep16.pdf
    2 Feb 2024: Customers don’t want existing energy system to be an expensive test-bed. • ... Impact of flexibility on the generation mix GB 2030. Economic challenge in energy storage.
  11. 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
  12. 0 Can Social Media Mitigate Hurdles for Capitalizing Expenditures ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-8-tang.pdf
    2 Jul 2024: economic benefits that those expenditures may create, poses a hurdle for measuring internally. ... costs incurred for customer-related and brand-related intangibles and economic benefits generated.
  13. Topic one: Asset values in workably competitive markets, including…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Expert-Report-on-Asset-Valuation-in-Workably-Competitive-Markets-May-2010.pdf
    8 Feb 2024: was introduced into economics in recognition of the fact that, whilst the examined relationships among competition, economic efficiency and consumer welfare – relationships that are a central interest of welfare economics – typically ... Clark, 1940,
  14. Determination, doubt, delusion, destruction and denial: Regulation…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Slides-slittlechild-eprg-May-22.pdf
    26 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
  15. Ukraine’s energy brinkmanship

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-2014-11-ukraines-energy-brinkmanship.pdf
    8 Feb 2024: A foreign-policy test for the EU. Ukraine appears to be using the political crisis between the EU, the United States and Russia to extract economic concessions from Moscow through the ... Pierre Noël is Sultan Hassanal Bolkiah Senior Fellow for Economic
  16. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Chyong_Pres_for-Bocconi-Uni150212.pdf
    2 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?’. •
  17. 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.pdf
    3 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.
  18. RobertRitz_MIT_StrategicGas_April2015_final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-RobertRitz_MIT_StrategicGas_April2015_final.pdf
    2 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.
  19. Formato Normalizado del IIT No. 2

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-2014_Madrid_5A_Arriaga.pdf
    23 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.
  20. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_AEEESalamanca17final.pdf
    2 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
  21. Microsoft PowerPoint - PN_SecurityGasSupply_Ofgem_111121

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PN_SecurityGasSupply_Ofgem_111121_SEC.pdf
    5 Feb 2024: Economic benefits of efficient energy security policy are spread over time and across the economy. ... But UK security rests on somewhat thin LNG market. A long, cold winter might test the system. •
  22. ReportforWhichFinal100511

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ReportforCAFinal100511EPRG.pdf
    8 Feb 2024: stress test analysis. 5 concerns: financing, carbon price uncertainty,. incentives, supply risk, affordability. ... aims to create greater long-term certainty around the economics. of plants from different technologies.
  23. 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.
  24. Overview April 2018

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-120823_GIRA-SF_EPRG-Session_v6-1.pdf
    26 Jan 2024: SpaldingSkegness. Pilot test sites. Ventum’s turbine presence. 18. 19. Project Overview – The Ventum Turbine. ... from CFD analysis of the 4m to be confirmed at the end of the calibration tests.
  25. 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: Searching for ‘missed opportunities’ – the gap between the economic level of output and actual productionproduction. • ... Can be applied to both economic and physical withholding. • Some approaches avoid cost estimation issues by only
  26. 1 Net zero and future energy scenarios: A response ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_Comment_26March2020.pdf
    7 Feb 2024: That suggests that using SMR hydrogen may become economic for decarbonising back-up gas turbine generation, perhaps in the early 2030’s. ... In addition to test the relative merits of hydrogen and gas in CCGTs for peaking both are given at 2,000 hrs./yr
  27. 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: are in place to test whether the proposed model can work without widespread adoption and. ... Discrimination in the Small-Business Credit Market. Review of Economics and Statistics 85:930–943.
  28. Microsoft PowerPoint - OH_Torino_Tutorial_2010c

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-market-equilibrium-and-gaming.pdf
    5 Feb 2024: What are bottom-up/engineering-economic models? And how can they be used for policy analysis? = ... Better economic models:• Generators anticipate transmission price changes. – Include TSO KKTs as constraints: MPEC!
  29. EU_Gas_Security_Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-EU_Gas_Security_Regulation9feb.pdf
    8 Feb 2024: significant economic losses, or worse. In the Commission’s proposal there are two largely. ... or another institution, gas emergency drills. These tests could involve, among.
  30. 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. ... If these are the ‘litmus test’ of sectoral approaches, much stronger action is required.
  31. Enhancing Innovation Main report draft 4.indd

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/05/cbr-specialreport-ukirc-cihe-growingvaluereport.pdf
    8 May 2024: Its inventiveness must be pulled through into innovation within firms to create economic growth and jobs. ... Activities(Research). Inputs(Funding). Outputs(eg Publications). Outcomes(Clinical Trial). Impact(New intervention). ExploratoryDevelopment.
  32. 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.pdf
    2 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
  33. WPM$44AC

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-smallersuppliersintheuk.pdf
    13 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.
  34. 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.pdf
    8 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.
  35. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-170608_Gazprom-commitments-for-BEIS_CHYONG.pdf
    2 Feb 2024: 2. During the market test period, the Baltics argued that they should receive prices lower than those in NWE because they are closer to Russia…. ... Kong holds a PhD in Energy Economics and Policy from Cambridge Judge Business School and an MPhil in
  36. 1 Time to stop digging: A submission to Ofgem’s ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Ofgem_19Feb2021.pdf
    7 Feb 2024: Ofgem cited the OFT’s paper “What does Behavioural Economics mean for competition policy? ... The behavioural economics view is that customers are subject to behavioural biases that may prevent them from making rational economic decisions, so that
  37. I N S I G H T R E ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/2024-01-ccaf-future-of-global-fintech-report.pdf
    17 Jan 2024: of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. ... Even though the top mechanisms are consistent across regions, vertical and economic development, unique preferences exist.
  38. Pricing Pollution: Asset-Pricing Implications of the EU Emissions…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/2024-07-ccaf-conference-paper-5-huij-laurs-stork-zwinkels.pdf
    2 Jul 2024: aircraft operators are required to coveremissions for flights within the European Economic Area. ... economic and environmental implications of the system using a novel identification approach that.
  39. 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.pdf
    9 Feb 2024:  Socio-economic impacts.  Environmental concerns.  Energy security.  Market competitiveness. ... tests were used to understand the influence of behavioural patterns on energy investment.
  40. 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
  41. CIVICA RX: “Collaborating to disrupt healthcare”, Cambridge Judge…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/04/cchle-case-study-civia-2023.pdf
    9 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
  42. 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.pdf
    9 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
  43. 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.pdf
    2 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.
  44. The proposed new EU renewables directive:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-neuhoff_renewables_directive.pdf
    12 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
  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: 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.
  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. ThE Global EnErGy ConvErsaTIon TransITIons from wEsT To EasT ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Global-Energy-Conversation_transitions-from-West-to-East.pdf
    5 Feb 2024: The energy impact of China’s economic r ise has been par ticularly significant. ... At hear t, the world’s problems are economic. Economic growth is a means to an end, not an end in itself.
  48. The Customer Forum: customer engagement in the Scottish water sector

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-The-Customer-Forum-paper-11-July-2014.pdf
    8 Feb 2024: Stipulated settlements, the consumer advocate and utility regulation in Florida", Journal of Regulatory Economics 35(1), February 2009, 96-109. ... Scottish Water is to bring forward proposals for a new High Esteem Test by March 2015.
  49. 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.pdf
    7 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.
  50. 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.pdf
    7 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,
  51. 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.pdf
    2 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.

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