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30 Jan 2024: Three dimensions of energy security. • Disruption risk– Macro-economic cost of energy supply disruptions. • ... Gas market liberalisation in Europe is the most stupid idea in modern economic history.”. –

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. •

31 Jan 2024: 21 February Arthur Van Benthem (Wharton School, University of Pennsylvania) Sufficient Statistics for Imperfect Externality-Correcting Policies (Faculty of Economics, Meade Room, 12:30–13:45) – E&E. ... 7 March Albert Banal-Estanol (Universitat

30 Jan 2024: winners)• Economic instruments (taxes or trading). preferred. Oxford Institute for. Energy S.

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). •

30 Jan 2024: on climate change. 9. Policies and Objectives to Respond to Climate ChangeAccelerating the transformation of economic growth pattern:. ... 11. Assumption on Future Economic Development p p. 12. Assumption on Populationp p.

13 Feb 2024: The lighthouse in economics”, Journal of Law and Economics, 17(2) October 1974: 357-376. ... 381. 8. However, there has been little economic analysis of the practice until recently.

30 Jan 2024: theoretically confused, changeable and creating uncertainty and delaying investment. 20. Some relevant economic principles. • ... Economic regulation must focus on achieving climate change targets.• This requires:. –

30 Jan 2024: When CO2 capture and storage becomes economic or mandatory the retrofit routes. ... studied are likely to be amongst the best and most economic options for existing PF power generation plant.

2 Feb 2024: Also need to rethink behavioural economics & competition – but why wait for economics profession? • ... Effects of policy. Behavioural economics. Misuse of behavioural economics. Competition & CC/CMA Guidelines.

2 Feb 2024: utility reforms in the EU15’, Energy Economics, 33 (2): 178-187. • Fouquet, R. ... 309 (January), Department of Applied Economics, University of Cambridge, Cambridge. References• Moore, J.

30 Jan 2024: than economic sector) – so gives a nice basis for considering technical options.

30 Jan 2024: The resulting model is a workable extension of existing unit commitment and economic dispatch formulations. ... are essentially two alternative benefit measures to address a single type of economic value and are not additive measures.

30 Jan 2024: 10. on EC DGTREN 2007 corrected for economic recession;. – Forecast of production capacity based on IEA’s WEO2009;. – ... 7.106 weeks 9.15 8.17. • Under all scenarios modeled, Nord Stream brings economic value to Gazprom.

30 Jan 2024: Ofgem’s global scenarios. Economic recovery. Rapid Slow. 7. FOUR SCENARIOS REFLECTING KEY GLOBAL DRIVERS. ... Scenario Overview – Green TransitionIn this scenario…. • There is a rapid economic recovery and significant new investment globally. •

20 Feb 2024: EPRG Working Paper 2401. Cambridge Working Paper in Economics 2405. David Newbery and Darryl Biggar1.

30 Jan 2024: 13 May 2011. Renewable energy in the Netherlands. Ronald Roosdorp. r.w.a.roosdorp@minez.nl. Four reasons why renewable energy is complicated in the Netherlands. 2. Where do we stand? • EU target: 20% in 2020• Netherlands’ share: 14% in 2020•

30 Jan 2024: 2010 2020 2030. ww. w.o. eko. d eNew entrant allocation Economic and competition distortions. ... long-term to legitimate the EU-ETS by economic efficiency gains. ww. w.o.

2 Feb 2024: Large cost reductions & low auction prices. Source: International Institute for Strategic Studies (IISS) & Vivid Economics. ... Energy Economics 45, 324-332 http://www.econ.cam.ac.uk/people-files/affil/rar36/pubs/RobertRitz_LNG_July2014.pdf Newbery, David

30 Jan 2024: Top down economic models (e.g. CGEM). – Cost increases with (mitigation effort)2.9. – ... Pizer (2002) Combining price and quantity controls to mitigate global climate change, Journal of Public Economics 85 (2002) 409–434.

30 Jan 2024: 3. Economic SignificanceTrade-Off between Inputs-Opex, Capex, Loss in distribution, Quality of Service. ... Economic EfficiencyTE = OQ / OP [1]AE = OR / OQ [2]TEAE: EE = OR / OP [3].

30 Jan 2024: WS4: Economic. Costs. Stakeholder impact. Geo-spread scenarios Costs. WS: Workstream. Contrast to other studies. ... Improved forecasting and additional storage appear not to. give significant economic benefit.

30 Jan 2024: This is an engineering question as much as it is an economic one. ... Outputs:. • Economic details (e.g., CAPex, O&M costs, etc.). • NPV of tech.

5 Feb 2024: policies’, Ecological Economics, Vol.65, Issue 2, pp.315-324. • Vandenbergh, M.P., Barkenbus, J. ... eds.), Social capital and economic development: well being in developing countries, Aldershot: Edward Elgar, pp.18-39.

5 Feb 2024: Economics. Security of Supply. Environment. EnergyPolicy. •4. Start of ETS. New capacity needed 2015. ... Blue font denotes risks occurring before first operations. The fundamental economic risks of nuclear power are:. •

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.

30 Jan 2024: Statute and independent economic regulation (e.g., utilities). Sovereign guarantees (e.g. Bilateral Investment Treaties, Energy Charter Treaty). • ... Weaknesses in EU ETS, insufficient to stimulate investment,. Binding non-economic constraints on

7 Feb 2024: Economic Survey of Europe 2(73-93). Karsten Neuhoff, 3. Objective – allow price signals to work. ... Economic Survey of Europe 2(73-93). Karsten Neuhoff, 4. Strong price signals did deliver in the past.

30 Jan 2024: Ignoring risk has quantifiable economic consequences. – Option values can be significant. –

30 Jan 2024: the loss of economic welfare that may occur as a result of a change in the price or. ... Energy security is ultimately about. protecting our [economic] welfare. EPRG Winter Research Seminar.

5 Feb 2024: 1. The political economy of rent. allocationDavid Newbery. Power market design and the. Renewables Directive. Brussels 10 June 2010http://www.electricitypolicy.org.uk. 22. Outline. • Renewables Directive => massive wind. • Requires fundamental

31 Jan 2024: Networks, (Meade Room, Faculty of Economics, 12.30 – 14.00). 3rd November Robert Ritz (EPRG) A strategic perspective on competition in. ... Kong, (Meade Room, Faculty of Economics, 12.30 – 14.00). 1st December Monica Guilietti (Warwick Business School

7 Feb 2024: objectives (subsidies generation investment, coal, …)– Economic interactions too complex for policy process– Undermines credibility and thus effectiveness of ETS.

31 Jan 2024: 3rd March  Sam Van Vactor, Economic Insight Inc, USA, “How oil from the North went South” Room W2.01 . 10th March Karsten Neuhoff and Xi Liang, Electricity Policy Research Group,

5 Feb 2024: These could prejudice existing plant economics. 15. Worries about investment. • Low-carbon electricity is expensive• Wind financed by ROCs - risky, unpredictable. – ... Severn Barrage: needs v low discount rate– CCS: needed globally, demos needed

5 Feb 2024: David Newbery EPRG 22. OutlineWhat can economics bring to the debates on addressing. ... The economics of oil shortages andclimate change policy. David NewberyMBA on Energy and Environment.

2 Feb 2024: The global picture on renewables. • The reality of the economics of climate policy. • ... Low carbon roll out policies make no economic sense for UK or EU as industrial policies in terms of job creation or development of manufacturing base.

12 Feb 2024: Faculty of Economics. TA C K L I N G C A R B O N. ... Large scale emissions reductions – with continued economic prosperity – cannot be delivered by operational choices alone.

12 Feb 2024: 2.4 Export taxes and border adjustment – economic dimension. 2.4.1 Export taxes. ... 2 Panel 2: Economic instruments to tackle competitiveness. 2.1 Free CO2 allowance allocation.

7 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

2 Feb 2024: Imperial CollegeLondon. 14. One-third of the time flows are perverseWholesale prices and percent economic imports.

2 Feb 2024: Reduces energy poverty. • Interacts with heat and transport. Some Home Energy Economics. ... Here is where economic principles are important. Four economic principles. •

12 Feb 2024: Assume governments implement a stringent climate policy in the presence of robust economic performance. ... An environmental disaster might dampen the economic performance and also provide strong evidence of climate change thus driving stringent climate

31 Jan 2024: Guangdong. (Faculty of Economics, Keynes Room) – E&E. 6 March Christian Winzer (Swissgrid) Power to the People – Creating Markets. ... for Supply Security Based on Consumer Choice. (Faculty of Economics, Keynes Room) – E&E.

31 Jan 2024: Energy and Environment Seminars. Michaelmas Term 06. Faculty of Economics. Date Speaker Title Room.

30 Jan 2024: o Karsten Neuhoff – Economic and Policy Frameworks for. Energy Technology Deployment.

2 Feb 2024: Protects poor better. Strong case to consider equity as in public economics• Liberalised suppliers choose efficiency over equity. – ... Unintended consequences need rectifying but create winners and losers => Judicial review; legal not economic, slow

5 Feb 2024: Littlechild, S.C. and C.J. Skerk (2008). ‘Transmission Expansion in Argentina 1: the origins of policy’, Energy Economics, 30(4):1367-1384. ... Department of Economics, George Washington University, Working Paper, March. www.eprg.group.cam.ac.uk.

5 Feb 2024: Locational‐based Coupling of Electricity Markets: Benefits from Coordinating UnitBenefits from Coordinating Unit Commitment & Balancing Markets(EPRG Working Paper 1022 / Cambridge Working Paper in Economics 1044). ... Harry van der Weijde 

30 Jan 2024: and to a lesser extent, the level of economic activity. • The expected end-of-2007 price will shift as uncertainty.