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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.pdf8 May 2024: developed. Public planning cycles should match the timescales of firms’ own long term planning requirements. ... Not all manufacturing firms report service revenue separately, and there is no requirement for them to do so. Results that match 2 of 3 words
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Microsoft PowerPoint - 6 Hull
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Hull.pdf30 Jan 2024: 9 Projects Satisfied Tender Entry Conditions = £1.1bn9 Projects Satisfied Tender Entry Conditions = £1.1bn9 Projects Satisfied Tender Entry Conditions = £1.1bn9 Projects Satisfied Tender Entry Conditions = £1.1bn. ... For Generators. Delivers cheaper -
Content
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-L.Dale_EPRG-Brext.pdf31 Jan 2024: allowed revenue • Rules for reconciliation of a TSOs allowed. revenue • Publication and consultation requirements. ... Establishes a requirement for a transaction and fundamental data reporting framework which allows effective monitoring by ACER. -
Some MW Are More Equal Than Others
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1B-Falk.pdf29 Jan 2024: Replacement of patchwork scheme of local. requirements with a centralized efficient source. ... Thus, unlike the other ISOs in which an administratively estimated estimate of entry price at the equilibrium point anchors the demand curve, there is no -
Marginal curtailment of wind and solar PV (ERPG2401)
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-wp2401.pdf20 Feb 2024: required to facilitate entry and guide exit (as in GB and the SEM). ... Thus. merchant VRE entry incentives are excessive in most liberalized European electricity markets. -
Microsoft PowerPoint - London07rev
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-newbery-london_07.pdf24 Jan 2024: Compare prices with cost of new entry. D Newbery London Sep 07 20. ... Wholesale prices mostly below entry price– tight markets (GB) lead to higher margins. • -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-CathyMcClayEPRG.pdf26 Jan 2024: smaller sources. Uncertainty on system. increased. Dynamics of system changed. Requirement for more flexibility on the system. ... Focus is on removing barriers to entry and transparency Moving markets closer to real time will allow more -
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: 6. Ongoing VRE entry results in increasing levels of ‘renewable spill’ given stubbornly. ... utilities.16 Such firms may contract for smaller volumes, but this would fail to achieve NEM storage requirements. -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-J.Aston_web.pdf26 Jan 2024: Old SEM New SEM. 8. 9. Key focus is on ensuring Security of Supply Will provide signals for entry and exit of plant. ... savings of £200m. (£50m for NI). Post auction there were separate jurisdiction analyses conducted to establish any additional -
Microsoft PowerPoint - Newbery Neuhoff
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-newbery-neuhoff.pdf30 Jan 2024: Allow G entry - connect and manage? – but what about efficient spatial and temporal dispatch? => ... No T rights left for intermittent generation. Challenge: devise contracts without excess rents and facilitate wind entry. -
www.eprg.group.cam.ac.uk! The Final Hurdle? Security of Supply, the…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-DN-presentation.pdf29 Jan 2024: future DSR, STOR, etc. • Auction requirement: 50.8GW (derated) • Prequalified offers: 71.2GW = 62.6 GW (derated). ... www.eprg.group.cam.ac.uk! Assessment. • Energy-only market might work with no price caps, no subsidized entry and adequate -
Network Regulation in the light of the Climate Change Act
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-michael-pollitt.pdf30 Jan 2024: innovation or new entry.• Lots of add-ons for: QoS, Investments, Losses etc.• Incentive properties increasingly unclear. ... This implies RPI-X@20 should focus on: – Constructive Engagement– Tendering– More Locational Pricing– Facilitation of -
5_Hobbs_Praesentation_final
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Hobbs.pdf24 Jan 2024: Ability to meet reserve requirement, reliability. criterion? 2. How robust are these conclusions to different assumptions about….• Generator behavior? • ... 1. Sloped curve stabilizes capacity payments. U. CambridgeEPRG. ———JHU. But -
Decision Support System
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-K.Chyong_EnergyModelling_forNIC.pdf2 Feb 2024: Entry/exist charges to/from Rough storage is lower than for other storage assets therefore. • ... Fast cycle storage Summary:. • Setting the reservation price = SRMC existing entry/exit charges encourages full utilization of storages in DE. • -
1 The EU Gas Target Model:Towards a Market in ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Paul-HuntEPRG_Towards-a-Market-in-Gas-Transportation.pdf29 Jan 2024: Modifying Entry-Exit. Paul Hunt – Energy Consulting. The Context for Energy Market ‘Liberalisation’. ... Paul Hunt – Energy Consulting. Remedying the Deficiencies. Reduce the scope of Entry-Exit systems. -
WPM$44AC
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-smallersuppliersintheuk.pdf13 Feb 2024: Conclusions. Appendix 1. New entrants’ costs Appendix 2. Market entry processes Appendix 3. ... Such arrangements are clearly a potentially significant form of new entry and competition. -
Dramatic ventilation - Building Services Journal
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-fitzgerald.pdf24 Jan 2024: in at low level can be estimated by examining the pre-heat requirements throughout the year. ... Figure 8 shows the heating requirements for a fully occupied theatre during these hours. -
Brief academic opinion of economic professors and scholars on ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-academicopinion.pdf13 Feb 2024: The erection of dual fuel barriers to entry as an obstacle to the European internal energy market ____8. ... This would dramatically affectthe growth possibilities for the competitive fringe (being made of small new entries incountries’ incumbent yards) -
Microsoft PowerPoint - FARLEY DEC2007
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-farley-dec2007.pdf30 Jan 2024: All new plants must be capture ready from the entry into force of the Directive (and an assessment made of the technical feasibility of retrofitting). • ... Project developers have to recognise the requirement and take account of it, particularly in -
100922 BIEE VI in bio-ethanol Jin
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-paper.pdf5 Feb 2024: entry from neighbouring industries. There are many different types of industry players with. ... feedstock requirements as well as pushing the market penetration of ethanol much further. -
Microsoft PowerPoint - PN_Amsterdam_EUGasSecurity_NEW
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-PN_Amsterdam_EUGasSecurity_Secure.pdf5 Feb 2024: Do we have the right market model? Model: ‘interconnected’ national entry-exit systems. ... model (interconnected national entry-exit systems). 4. The EU does not need an external energy security policy. -
Internal AE story
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-R.-Hunter_EPRG.pdf23 Jan 2024: HDV, AVIATION & MARINE TIED TO LIQUIDS FOR MANY YEARS. MOST AFFORDABLE OPTION WITH LOWEST ENTRY BARRIERS TO REDUCE CARBON IN TRANSPORT ACROSS ALL MODES OF TRANSPORT. ... BIOFUELS COULD PROVIDE 2/3 ALL TRANSPORT REQUIREMENTS FOR LIQUID FUELS BY END OF -
Carbon Pricing and Employment
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-CEEPR-Metcalf-talk-on-Europe-carbon-taxes_090222.pptx23 Jan 2024: 19. Modeling Illustrates Key Points. Failure to account for firm entry/exit and technology adoption distorts labor market outcomes. ... Paris Agreement goal modest (to zero), allowing for innovation and firm entry/exit. -
ELECTRICITY MARKET REFORM: Market Design and the Green Agenda ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-6-Hogan-v2.pdf30 Jan 2024: o Open access to expand entry and innovation. o Smart pricing to support the smart grid technologies and information. ... 1, Schedule 28, January 22, 2009.)2. 2 “For each cleared Operating Reserve level less than the Market-Wide Operating Reserve -
2023/24 Individual Project (IP) and Work Placements (WP) briefing…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/briefing-notes-mba-ipwp-2023-24.pdf19 Feb 2024: assignments. As WPs/IPs are part of the MBA programme and fulfil a course requirement, they must be completed prior to the official end date of the course (13 September 2024). ... reduce operating expenses for a business component of a FMCG group; a -
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: time and location. • Deep charging penalises small network users and delays entry to networks. • ... More responsive to market requirements– 5 year price control review too inflexible. • -
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.pdf7 Feb 2024: 2-4 yrs ahead for conventional technologies that meet the emissions requirements of Regulation 2019/943 (Art. ... LoLE is related to the VoLL and the Cost of New Entry, CoNE theoretically and in practice by. -
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: 10. Drivers of Change. • Rising investment requirements– replace c.50 GW by 2030– expand and renew networks. • Growing concerns about fossil fuel supply• Increasing intermittent renewables on system• ... new technologies. -
Microsoft PowerPoint - Lapuerta Presentation to EPRG
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-lapuerta-presentation-to-eprg.pdf30 Jan 2024: There is a BIG difference between imposing storage requirements on the market and sponsoring the construction of new infrastructure. ... The UK is different: the move to storage auctions and entry capacity auctions helped pave the way for the market to -
Microsoft PowerPoint - JOSKOW-9-23-07
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-joskow-9-23-07.pdf24 Jan 2024: Local market power mitigation rules– Bid caps– RMR contracts for load pockets– Must-offer requirements– Interaction with computation of market prices. • ... Pricing to shippers initially based on TO’s costs at point of entry• Pricing to -
Competition and the UK retail energy market
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_NZ_Dec17.pdf2 Feb 2024: Weak customer response, incumbency advantage, tacit coordination, vertical integration, barriers to entry & expansion. • ... New entry has doubled since CMA study. Effect of price cap on PPM tariffs. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Pollitt-3.pdf26 Jan 2024: Attract entry. • Prevent collusion. • Prevent predatory behaviour. According to Ausubel and Cramton (2011) auctions should:. • ... Now the issues are:– Increased requirements for ancillary services– Decline in supply from large power plants– -
Cambridge Venture Project 2024/25 - briefing notes (PDF)
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/07/briefing-notes-mba-cvp-2024-25.pdf3 Jul 2024: 2. Cambridge Venture Project - Why join us? Given the fast paced and ever-changing landscape for new ventures, it's crucial to stay current with market sizing and market entry trends ... are disclosed pursuant to the requirement or request of a -
Economic regulation of network industries
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-electricity-regulation-in-uk-and-europe.pdf5 Feb 2024: Licenses and Legislation in UK. • Primary legislation contains framework. – duties of regulator, requirement for licences. – ... 1) effective unbundling. 2) deal with cross-border regulatory gaps. 3) address market concentration, barriers to entry. -
A UK Obsession With Natural Gas?
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-FutureofElectricityLiberalisationEdF.pdf5 Feb 2024: The higher cost of gas and electricity may mean that increasing numbers of consumers are not able to afford adequate levels of energy to meet their requirements and that the competitiveness ... Enhanced innovation funding and incentives – More -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-D.-Newbery_Dec21_web.pdf26 Jan 2024: CO2 and learning)auction for different pots. Distinguished by maturity and learning ratesclarity on future market design and rate of VRE entry. • ... dispatch and location – can adapt to encourage low correlation locations• Auctions -
Allocation matters
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-allocationmatters.pdf7 Feb 2024: low barriers to entry, access to fuels (e.g. gas), and regulatory certainty about future allocation. ... marginal costs if high cost plants are running• Impact limited, if equilibrium requirements not satisfied:. – -
PowerPoint Presentation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1B-Grunwald.pdf29 Jan 2024: There are very high capital requirements Incumbents are ruthless in defending their. ... Substantial barriers to entry. • Limited access to raw materials, typically controlled by incumbents. • -
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: 4. w w w.eprg.group.cam.ac.uk. Issues facing Energy Networks Pollitt, 08b. • Rising investment requirements. • ... Core questions:. – Minimising build cost. – Inducing new entry and innovation. • -
CEEPBITEMR120515
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt_-China_CEEPBITEMR120515.pdf2 Feb 2024: Free entry to Generation • Supply opened in stages to 1998 • Limited vertical integration between them • Price caps for transmission, distribution,. ... www.eprg.group.cam.ac.uk. Capacity'Market'auction'design:. CONE = Cost of New Entry Source: -
Exkurs Klimaerwärmung
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf13 Feb 2024: These include:. Avoidance or deferral of investment in generation capacity. Peak capacity requirements can be reduced with greater transmission. ... In other cases “reliability lines” may be dictated because of mandatory requirements in national or -
1 Competition, Regulation and Price Controls in the GB ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_-8-Apr-2018Upd.pdf7 Feb 2024: There were also actions to reduce barriers to entry and expansion (for example, via suppliers publishing segmental accounts and by improving market liquidity). ... A seventh AEC was Ofgem’s simple tariffs requirement following its Retail Market Review. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-M.-Pollitt_FrenchIAEEshort2.pdf2 Feb 2024: www.eprg.group.cam.ac.uk. Capacity Market auction design. CONE = Cost of New Entry Source: DECC and David Newbery. ... EMR Expert Panel on capacity mechanism critical. of calculation of capacity requirement. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.Pollitt_S.Georgiopoulos_2019.pdf26 Jan 2024: Source: Camlin website, Bidoying picture. www.eprg.group.cam.ac.uk. Piclo = digital platform to signpost demand side response requirements for flexibility providers. ... Charging infrastructure for e-mobility. Key observations:. 1. Asset registration has -
The proposed new EU renewables directive:
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-neuhoff_renewables_directive.pdf12 Feb 2024: requirement of prior authorisation infringes Article 28 of the EC Treaty),5 this would be permitted only insofar as the justifying reasons explicitly laid down in Article 9(2) of the ... Member States freely to transfer GOs to each other (subject only to -
Energy’s contribution to economic growth1 David Newbery2 Imperial…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-energys-contribution-to-economic-growth.pdf8 Feb 2024: That may mean some harmonisation for connection and charging arrangements for generation and distribution at the entry and exit points of the grid (or high pressure pipeline system), but it is ... less clear that this is required for purely domestic -
littlechild Customer involvement in transmission planning decisions…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-scopeforcustomerinvolvement.pdf13 Feb 2024: This includes traffic forecasts, investment requirements and other parameters relevant to the CAA’s price control review for the forthcoming quinquennial period 2008 - 2013. ... The simple requirement for approval by a customer Committee might suffice -
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: But with freedom of entry into retail, there seemed no need for regulation of retail prices. ... new retail entry, reduce innovation, accentuate monopoly power and make entry more difficult in wholesale generation markets. -
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.pdf8 Feb 2024: One example of this outcome is where incumbents with market power use longer-term contracts as a way of making entry into the market more difficult. ... Market power. Lower capital mobility tends itself to be a factor contributing to higher market power, -
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.pdf7 Feb 2024: Restructuring has led to considerable consolidation in the sector, along with new entry. ... Subject to the general requirement that the utility should pass through costs incurred without a profit,. -
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