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  2. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-DECCSep14.ppt
    2 Feb 2024: GB Energy Market Structure. David Newbery. DECC workshop. London, 4th September 2014. http://www.eprg.group.cam.ac.uk. Imperial College. London. Newbery 2014. Outline. Drivers of business models. Benefits and costs of different business models.
  3. 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.pdf
    8 Feb 2024: Energy’s contribution to economic growth1. David Newbery2 Imperial College London and EPRG Cambridge. ... Contact address: Faculty of Economics, Sidgwick Avenue, Cambridge, CB3 9DE; dmgn@cam.ac.uk.
  4. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-J.-Mann.pdf
    26 Jan 2024: 5 Notes: (1) (% use of available commercial capacity in the ‘right economic direction’) – 2016. ... M&A and Due Diligence. • Disputes (Economic, commercial, technical). OUR SERVICES AT A GLANCE.
  5. Microsoft PowerPoint - SBGI 2011 MGP [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-SBGI-2011-MGP.pdf
    5 Feb 2024: Key is to attract sufficient bidders and avoid collusion, as per standard industrial economics. • ... criteria; fuzzy. economic. criteria. www.electricitypolicy.org.uk. threshold criteria) criteria. Tariffs Zonal tariffs.
  6. Some MW Are More Equal Than Others

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-1B-Falk.pdf
    29 Jan 2024:  Administrative overrides and economic principles. rarely mix well, and the administrative process is. ... Copyright 2013. National Economic Research Associates, Inc. All rights reserved.
  7. This document lists key outputs from the TSEC Research ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-TSEC-Publications.pdf
    19 Jan 2024: Policy and its Effect on Market Power in the Gas Market, Journal of the European Economic Association 6(4), 2008 . ... and Neuhoff, K., Carbon Markets and Technological Innovation,
  8. Marginal curtailment of wind and solar PV (ERPG2401)

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-wp2401.pdf
    20 Feb 2024: Bistline, J. (2018). Turn down for what? The economic value of operational flexibility in. ... of revenue quality in Australia’s National Electricity Market, Energy Economics, 114, 106312,.
  9. Energy World April.indd

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-09-Electrical-energy-storeage-economics-and-challenges.pdf
    7 Feb 2024: Pumped hydropower is the only large-scale and cost-efficient technology, according to the International Renewable Energy Agency, however its economics in the market seem to have weakened. ... The authors acknowledge the financial support of the EPSRC
  10. Free Sample Awesome PowerPoint Background Template

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Gollier.pdf
    23 Jan 2024: Tirole, (2015), Negotiating effective institutions against climate change, Economics of Energy and Environmental Policy, Vol 4, n2. ...  Economics 101.  Polluter pays principle.  Universal price: Simple, transparent and efficient.
  11. Do retail markets work?

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Littlechild.pdf
    29 Jan 2024: Impact of SLC 25A• Economic analysis suggests that higher. out-of-area prices is more likely response• This is consistent with upward path of. ... Hence more lobbying – rent seeking • Annual media event, government involvement• Energy pricing
  12. Brief academic opinion of economic professors and scholars on ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-academicopinion.pdf
    13 Feb 2024: Lars Bergman, Stockholm School of Economics (Sweden). Claude Crampes, University of Toulouse (France). ... 12. 2. The economic rationale for antitrust authorities to be very cautious in clearing.
  13. NERA/Imperial Zonal Losses Modelling: Meeting on Detailed Modelling…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-DRUCE.pdf
    29 Jan 2024:  But high energy prices means it may increasingly be economic to oversize distribution assets to reduce losses – When replacing assets it is probably efficient to install much “fatter” wires/cables. –
  14. The image part with relationship ID rId14 was not ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-MP-presentation.pdf
    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
  15. NERAfirmwide 2003 (Lt) Template-Jan 2013

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-S.-Gammons.pdf
    29 Jan 2024: 2014 NERA Economic Consulting. Contacts Sean Gammons Managing Director – Energy London 44 20 7659 8564 sean.gammons@nera.com.
  16. EPRG Spring Research Seminar 2007

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-EPRG-EE-Seminars-Lent-2020_UPD.pdf
    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
  17. NERA ReDesign 2010 Template JAN-2017

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-A.Carmel_web.pdf
    26 Jan 2024: Copyright 2017. NERA Economic Consulting. All rights reserved. Daniel Radov. Director NERA London 44 20 7659 8744 Daniel.Radov@nera.com.
  18. Diapositive 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-gasmi_dec2007.pdf
    30 Jan 2024: Investment in Transport Infrastructure, Regulation, and. Gas-gas CompetitionFarid Gasmi. Toulouse School of Economics (ARQADE, GREMAQ, IDEI).
  19. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Milan_Chyong_5Dec16_comp.pdf
    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
  20. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-david-newbery-v2.pdf
    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.
  21. Applying behavioural economics

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Applying-behavioural-economics-at-the-RCA-1-Apr-2014.pdf
    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.
  22. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-J.-Parsons.pdf
    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.
  23. EPRG Spring Research Seminar 2007

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-ee-programme_easter-081.pdf
    31 Jan 2024: Energy and Environment Seminar Programme . Easter Term 2008 Faculty of Economics . Seminars start at 12:30. Please note the different rooms . 28th April  Chongqing Kang (Tsinghua University) Towards an economic and .
  24. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-170530_EurasianGasInfraConf_CHYONG1.pdf
    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. •
  25. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-joburgcde08rev-34.pdf
    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.
  26. Microsoft PowerPoint - Lapuerta Presentation to EPRG

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-lapuerta-presentation-to-eprg.pdf
    30 Jan 2024: Low tariffs on existing storage threaten economics of new storage. •
  27. Exkurs Klimaerwärmung

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf
    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.
  28. NERA/Imperial Zonal Losses Modelling: Meeting on Detailed Modelling…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Anstey.pdf
    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.
  29. Microsoft PowerPoint - Pollitt-Final [Read-Only] [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Pollitt-Final-Read-Only-Compatibility-Mode.pdf
    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
  30. Diapositive 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Boucher.pdf
    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
  31. 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.pdf
    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.
  32. Is mandating smart meters smart? Thomas-Olivier Léautier Toulouse…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Leauthier.pdf
    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
  33. Microsoft PowerPoint - LOPES Joao Pecas

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-lopes.pdf
    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
  34. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Mehling.pdf
    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
  35. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-DECC-EMRJan11rev.pdf
    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
  36. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-sp16.pdf
    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,
  37. Microsoft PowerPoint - EuropeanElectricityWS_Maurer_20100716.ppt…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Maurer.pdf
    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.
  38. Überschrift – Überschrift – Überschrift

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-F.-Musgens.pdf
    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).
  39. Incentive Auctions for Repurposing Broadcasting Spectrum

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-P.Cramton.pdf
    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.
  40. Microsoft PowerPoint - 5 JAMASB

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-5-jamasb.pdf
    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.
  41. Microsoft PowerPoint - actions_to_improve_madrid_161015

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-neuhoff0611151.pdf
    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.
  42. Microsoft PowerPoint - Strbac

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-strbac.pdf
    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
  43. Economic regulation of network industries

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-electricity-regulation-in-uk-and-europe.pdf
    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
  44. Bringing Scale and Trust to Carbon Credits Through Computer Science

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-KESHAV.pdf
    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.
  45. Microsoft PowerPoint - IETA Grubb presentation_250906

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-grubb060925.pdf
    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).
  46. 5_Hobbs_Praesentation_final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Hobbs.pdf
    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
  47. Microsoft PowerPoint - 070617 Prices and charges _ Batlle @ EPRG…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-C.-Batlle-1.pdf
    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.
  48. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-nuclear_industry_forum08final-12.pdf
    7 Feb 2024: renewables target threatens nuclear economics• consumers value electricity price stability.
  49. NERA Firmwide (Lt) Template-Aug 2011

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Antsey.pdf
    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.
  50. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Lindovska_2019.pdf
    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
  51. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-5-Newbery.pdf
    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

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