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29 Jan 2024: 2014 NERA Economic Consulting. Contacts Sean Gammons Managing Director – Energy London 44 20 7659 8564 sean.gammons@nera.com.

31 Jan 2024: 4 February Randolph Brazier (Energy Networks Association) Flexibility markets for electricity in Great Britain (Faculty of Economics, Keynes Room). ... 18 February William Nuttall (The Open University) Fossil Fuel Hydrogen: Technical, Economic and

30 Jan 2024: Modelling tools. Cost-effective. technology options in. OECD and DCs. (MARKAL/TIMES). Macro-economic analysis of. ... region economic growth. model. Coupled detailed BU-TD models Integrated assessment model.

30 Jan 2024: Future Research. • Analyse socio-economic, attitudinal and behavioural characteristics of those willing to pay a premium for electricity and water service attributes. •

2 Feb 2024: I will investigate the intrinsic value of storage assets in NW Europe, i.e., I will analyse the economics of storage assets to provide seasonal flexibility (buy in the low demand ... All other projects are obtained from running another model (economic

30 Jan 2024: Scarcity pricing (SRMC>LRMC) generates huge price rise now, resisted by NERSAConflict between politics and economics. ... but capital costs have risen increasing ODV. Economic return = 2.3% on ODV in 2006has since fallen sharply.

8 Feb 2024: Behavioural economics uses insights from psychology to explain why regulators behave the way they do. ... Behavioural economics raises important issues for all steps of the regulatory supervision process.

23 Jan 2024: Economics was key. – Inefficient operation in the U.S. had been resolved. – ... Power customer: UAMPS. • Economic case is unclear. – Don’t look to be cheaper than traditional LWRs pretend to be.

2 Feb 2024: 30 May 2017 Eurasian Natural Gas Infrastructure Conference, Milan. Economics of Gazprom’s gas export strategies to Europe. ... www.eprg.group.cam.ac.uk. EPRG – the leading research centre on energy economics & policy. •

22 Apr 2024: psychological factors, the economic context of a region plays a crucial role in shaping. ... regional economic conditions. Furthermore, the paper discusses the implications of these findings for developing and.

7 Feb 2024: 60 ZAR bn historic cost = 130 ZAR bn inflation adjusted Optimal Deprival Value > 330 ZAR bn (?). of which generation > 200+ ZAR bn (?)Economic return < 2.3% on ODV.

30 Jan 2024: Low tariffs on existing storage threaten economics of new storage. •

13 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.

29 Jan 2024: Calls to improve marginal field economics reflect concerns that incumbent tariffs are deterring development. ... Some of the more concrete (economic rather than institutional) recommendations relate to infrastructure tariffs.

5 Feb 2024: Some inconvenient. economics of. Energy and Climate Policy. www.eprg.group.cam.ac.uk. Energy and Climate PolicyMichael Pollitt. ... Only c.90,000 in German Wind (of which, only 35,000. in manufacturing and supply of turbines) (see Wind industry in Germany

29 Jan 2024: On the cost effectiveness of the instruments used (Lopez-Pena et al, Energy Policy 50 (2012): Instruments are not called up in the economic merit order. ... European policies: the challenge of economic efficiency. The policy instruments. The challenge of

29 Jan 2024: Léautier (Toulouse School of Economics) Smart metersEPRG Spring Seminar May 2012 9 /. 15. Number of sites and demand share data by customers class. ... Léautier (Toulouse School of Economics) Smart metersEPRG Spring Seminar May 2012 11 /. 15. Marginal

5 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.

24 Jan 2024: Economic benefits (new economic activities, increase in job creation, improvements in social cohesion and environmental sustainability). • ... potential economic benefits (new economic activities, increase in job creation, improvements in social

23 Jan 2024: Evidence suggests that geographic proximity and existing economic ties favor the emergence of links. • ... An Economic Transfer System is hereby established.”. • Such transfers should preserve environmental integrity and avoid double counting of

5 Feb 2024: 20 (3): 316-317. Joskow, P.L. (2005). Vertical Integration. in Handbook of New Institutional Economics, ed. ... Williamson, O.E. (1979). Transaction-Cost Economics: The Governance of Contractual Relations. J.

29 Jan 2024: www.eprg.group.cam.ac.uk! Future infrastructure economics • Assume networks might compete, be duplicated. ... Haney, A. and Pollitt, M. (2013b), ‘New Models of Public Ownership in Energy’, International Journal of Applied Economics, Vol.27, No.2, pp

5 Feb 2024: EMR: carbon price floor, capacity. mechanisms, EPS. David Newbery. Meeting with Energy and Climate Change. Select Committee. House of Commons 12 January 2011 http://www.eprg.group.cam.ac. uk. D Newbery DECC 2011 2. Electricity Market Review. • To

29 Jan 2024: 18. It’s hardly new economics but…. … given the likely elasticities of benefits and costs, a quantity obligation may not be optimal. ... It’s hardly new economics but…. Conclusion. Good regulatory decisions meet a merits and procedural standard.

7 Feb 2024: Senior Research Associate,Cambridge University Faculty of Economics. Part 1: Fact baseWhich sectors?What impacts?How much?How fast? ... Drawing upon research convened by Climate Strategies:. Karsten Neuhoff & Misato SatoEPRG, Faculty of Economics,

24 Jan 2024: July 16, 2010. Economic Efficiency SustainabilityIntegration of RES Generation. Platform for EU Internal Electricity Market. ... CR) [. MW. ]. positive. negative. Source: Frontier Economics/Consentec:, Study on European Demand for Balancing Power, 2010.

26 Jan 2024: BTU – Chair of Energy Economics 7. Hypothesis c): Securing grid accessConstrained general setting. ... BTU – Chair of Energy Economics 8. Hypothesis c): Securing grid accessConstrained clusters (i).

26 Jan 2024: 12. Real-time market. Security constrained economic dispatch. Determines optimal dispatch and prices every five minutes. ... Need for reserves depends on market;products and quantities reviewed periodically. 15Source: Potomac Economics.

30 Jan 2024: Michael Pollitt. www.electricitypolicy.org.uk. 2http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=0521860490. Series. Department of Applied Economics Occasional Papers (No. ... Source: IEA (2004a, p.75). OECD Transition. Economics. Developing.

7 Feb 2024: Environmental and Resource Economics 31(2): P.133 - 157. Use economic instruments to create market confidence going forward. ... Use economic instruments to create market confidence going forward. Quoted from Stern review.

30 Jan 2024: Two general approaches to economics driven investment decision making. – Centralised; develop an appropriate CBA within GB SQSS. – ... Decentralised; exclude CBA from the standard. • In systems with wind generation, economics likely to drive larger

26 Jan 2024: Valuing impermanence. Is there value to impermanent carbon sequestration? CO2 causes economic damage. ... Social cost of carbon. Long-term economic damage due to emission of one additional ton of carbon dioxide into the atmosphere.

7 Feb 2024: Part III: The consequences of current Phase II allocation plans. A plea for clarity: some economic fundamentals. ... Sensitivity analysis also conducted on economic growth rates (/- 0.75% about base case c.2%/yr).

24 Jan 2024: more investment2. Revenue stream variability. – Due to forecast changes, economic fluctuations, & w eatherHighly variable energy and capacity prices. ... JHU. Brattle Report Conclusions. • RPM successfully achieved its reliability & economic

5 Feb 2024: Electricity regulation in UK and Europe. David Newbery. SAFIR Core Training Programme for. Infrastructure Regulators. Bangalore 27 April 2010http://www.electricitypolicy.org.uk. Newbery SAFIR Bangalore 2. Outline. • Why regulate? – Public vs

23 Jan 2024: 3. Insights on the Economics of DERsDistribution-level active power LMPs• Caused by network congestion. ... should accomplish. (1) Send efficient economic signals to the agents in the system, and.

7 Feb 2024: renewables target threatens nuclear economics• consumers value electricity price stability.

26 Jan 2024: Socio-economic welfare … …but some regulators focus on consumers (e.g. Ofgem). ... Socio-economic welfare… …historical shift away from consumer emphasis. US and Australia face the same problems of technological change and intermittency, but the

30 Jan 2024: Oil shortages and climate change. David NewberyEPRG Winter Research Seminar. Cambridge 10 December 2010http://www.eprg.group.cam.ac. uk. D Newbery EPRG Spring 2010 22. Outline• Oil - exemplar of an exhaustible resource. – pricing in theory and

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.

23 Jan 2024: indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions”. – ... 2. The macro-economic risks associated with oil price spikes. • Both of these risks are greatly

5 Feb 2024: 1. Green taxes: a critique. David Newbery. Treasury Economists Conference. HMT London 26 January 2010http://www.electricitypolicy.org.uk. 22. Outline. • Final Report of Green Fiscal Commission Oct ’09. • Case for Green tax - corrects

5 Feb 2024: www.eprg.group.cam.ac.uk. Some inconvenient economics of . Energy and Climate PolicyMichael Pollitt. Judge Business SchoolUniversity of Cambridge. CUEN, Cambridge21st November 2011. Plan• Three problems for energy and climate

30 Jan 2024: Carbon price ‘stability’. And. A view of the economic ideal - robust & rising carbon prices will drive the learning investments required. ... this offers tools not otherwise available. Undertaking further research on economics of cap v tax, price

23 Jan 2024: Shultz Professor of Energy Economics, Sloan School of Management, MIT Director, Center for Energy and Environmental Policy Research, MIT Co-Director, The E2e Project, MIT, UC Berkeley, U of Chicago. ... while visiting a coal plant in West Virginia:. •

24 Jan 2024: Policies for a Sustainable and Secure Electricity Market. Jean TIROLE. Toulouse School of Economics and MIT. ... 1. Outline. I. Single country or ecient international governance. X economic instruments.

29 Jan 2024: Energy Policy Research Group. D Newbery 21. Investment in interconnectors. • The economics of investment look good anyway – and get better with more wind, PV, carbon price floor. •

29 Jan 2024: and Hemous, D. (2012), ‘The Environment and Directed Technical Change’, American Economic Review, 102 (1): 131-166. • ... What to do about supporting energy RD? Institutions for rapid economic progress (Nelson, 2008).

3 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

5 Feb 2024: EPRG Working Paper 1110. Cambridge, Electricity Policy Research Group, Faculty of Economics, University of Cambridge. • ... Energy Policy, 665-676. • OECD (2011) Economic Survey of the United Kingdom 2011, Paris: OECD. •