Working papers

Access Energy Policy Research Group working papers dating back to 2002.

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WP No. (PDF)

Title of working paper

Authors

Keywords

Non-technical summary (TDS)

Access EPRG2401

Marginal curtailment of wind and solar PV: transmission constraints, pricing and access regimes for efficient investment

David Newbery, Darryl Biggar Transmission constraints, access regimes, variable renewable electricity, marginal curtailment, nodal pricing Read the NTS for WP 2401

Access EPRG2323

Comparison of policy instruments in the development process of offshore wind power in North Sea countries

Hongyun Zhang, Michael G Pollitt Offshore wind, Contract for Difference, North Sea Read the NTS for EPRG2323

Access EPRG2322

Non-firm vs. priority access: on the long run average and marginal cost of renewables in Australia

Paul Simshauser, David Newbery Renewables, network congestion, curtailment, marginal curtailment, renewable energy zones Read the NTS for EPRG2322

Access EPRG2321

On static vs. dynamic line ratings in renewable energy zones

David Newbery Renewable energy zones, dynamic line ratings, frequency control ancillary services, variable renewable energy Read the NTS for EPRG2321

Access EPRG2320

Estimating the target-consistent carbon price for electricity

David Newbery Social cost of carbon, variable renewable electricity, marginal curtailment Read the NTS for EPRG2320

Access EPRG2319

High renewable electricity penetration: marginal curtailment and market failure under “subsidy-free” entry

Michael G Pollitt Renewable electricity, marginal wind curtailment, integration costs, market failures, inertia charges Read the NTS for EPRG2319

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Locational marginal prices (LMPs) for electricity in Europe? The untold story

Michael G Pollitt LMPS, nodal pricing, electricity markets Read the NTS for EPRG2318

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Energy markets under stress: some reflections on lessons from the energy crisis in Europe

Yi-Ming Wei Energy crisis, single market in energy, wartime Read the NTS for EPRG2317

Access EPRG2316

The incremental impact of China’s carbon trading pilots

Supplementary information
Mei Lu, Michael G Pollitt, Ke Wang, Yi-Ming Wei Carbon emissions trading scheme, target responsibility system, policy evaluation, triple difference-in-differences Read the NTS for EPRG2316

Access EPRG2315

Toward an operational definition and a methodology for measurement of the active DSO (distribution system operator) for electricity and gas

Annex 1 UK Active DSO Mapping
Andrei Covatariu, Andrei Covatariu, Daniel Duma, Monica Giulietti, Michael G Pollitt Distribution system operator, distributed energy resources, decarbonisation Read the NTS for EPRG2315

Access EPRG2314

Supply-side crediting for accelerated decarbonisation: a political economy perspective

Michael A Mehling Supply-side approaches, fossil fuels, offset credits, political economy Read the NTS for EPRG2314

Access EPRG2313

Supply-side offset crediting to manage climate policy spillover effects

Anupama Sen Climate change, spillover effects, emissions leakage, supply-side approaches, technology, offset credits Read the NTS for EPRG2313

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Multi-objective auctions for utility-scale solar battery systems: lessons for ASEAN and East Asia

Natsuko Toba, Tooraj Jamasb, Luiz Maurer, Anupama Sen Renewable energy, solar power, battery storage, auction design Read the NTS for EPRG2312

Access EPRG2311

The regulation of electricity transmission in Australia’s national electricity market: user charges, investment and access

Pär Holmberg Microeconomic reform, electricity transmission, network regulation Read the NTS for EPRG2311

Access EPRG2310

Multi-unit auctions with uncertain supply and single-unit demand

Edward Anderson, Pär Holmberg Multi-unit auction, single-unit demand, uniform pricing, pay-as-bid, asymmetric information, publicity effect Read the NTS for EPRG2310

Access EPRG2309

The options value of blue hydrogen in a low carbon energy system

David Webbe-Wood, William J Nuttall, Nikolaos K Kazantzis, Chi Kong Chyong Uncertainty, investment decisions, blue hydrogen, carbon capture and storage under uncertainty, real options, Monte Carlo simulation Read the NTS for EPRG2309

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The economic value of flexible CCS in net-zero electricity systems: the case of the UK

Chi Kong Chyong, David M Reiner, Rebecca Ly, Mathilde Fajardy Combined-cycle gas turbines, carbon capture and storage, unit-commitment models, optimisation, flexible carbon capture, solvent storage Read the NTS for EPRG2308

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Regulation of access, fees, and investment planning of transmission in Great Britain

Clevo Wilson Transmission fees, regulation, off-shore wind, LMP Read the NTS for EPRG2307

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Renewable investments in hybridised energy markets: optimising the CFD-merchant revenue mix

Nicholas Gohdes, Paul Simshauser, Clevo Wilson PPAS, renewable energy, counterparty credit, project finance, cost of capital Read the NTS for EPRG2306

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An assessment of the European electricity market reform options and a pragmatic proposal

JP Chaves, R Cossent, T Gómez San Román, P Linares, M Rivier Electricity market, energy transition, renewables Read the NTS for EPRG2305

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Contract design for storage in hybrid electricity markets

Farhad Billimoria, Paul Simshauser Electricity markets, risk trading, project finance, renewables, energy storage Read the NTS for EPRG2304

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Determinants of public preferences on low carbon electricity: evidence from the United Kingdom

Juyong Lee, David M Reiner Low carbon energy, variable selection models, energy mix, public trust, climate change perceptions, nuclear power, renewables Read the NTS for EPRG2303

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Modelling flexibility requirements in European 2050 deep decarbonisation scenarios: the role of conventional flexibility and sector coupling options

Chi Kong Chyong, Michael Pollitt, David M Reiner, Carmen Li Energy system modelling, spatial flexibility, temporal flexibility, networks, intraday storage, long-duration storage, power-to-x, Net Zero, deep decarbonisation pathways Read the NTS for EPRG2302

Access EPRG2301

Air pollution and firm-level human capital, knowledge and innovation

Tiago Cavalcanti, Kamiar Mohaddes, Hongyu Nian, Haitao Yin Pollution, human capital, knowledge, innovation, China Read the NTS for EPRG2301

Access EPRG2220

Frequency markets and the problem of predictability

Zeenat Hameed, Michael Pollitt, Paul Kattuman, Chresten Træholt Ancillary services, spot markets, forecast, battery energy storage Read the NTS for EPRG2220

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The sunshine state: implications from mass rooftop solar PV take-up rates in Queensland

Paul Simshauser, Tim Nelson, Joel Gilmore Rooftop solar PV, electricity utilities Read the NTS for EPRG2219

Access EPRG2218

Democracy, economic development and low[1]carbon energy: when and why does democratisation promote energy transition?

Supplementary information
Zeynep Clulow, David M Reiner Renewable energy, solar, wind, hydro, geothermal, nuclear, energy transition, decarbonisation, democracy, electricity generation, energy mix, economic development Read the NTS for EPRG2218

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Net zero Saudi Arabia: how green can the oil kingdom get?

Paul Simshauser Saudi Arabia, Net Zero 2060, decarbonisation, oil and natural gas, Saudi Aramco, greenhouse gas (GHG), carbon dioxide (CO2), emissions offsets, renewables, hydrogen, energy subsidy reform, carbon intensity, carbon capture and storage (CCS), emissions clu Read the NTS for EPRG2217

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The 2022 energy crisis: horizontal and vertical impacts of policy interventions in Australia’s national electricity market

Michael G Pollitt Electricity markets, energy policy, fuel poverty Read the NTS for EPRG2216

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Green growth and net zero policy in the UK: some conceptual and measurement issues

Victor Ajayi, Michael G Pollitt Green growth, Net Zero, circular economy, future energy scenarios, productivity Read the NTS for EPRG2215

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Changing times: incentive regulation, corporate reorganisations, and productivity in Great Britain’s gas networks

Victor Ajayi, Michael G Pollitt Total factor productivity, incentive regulation, corporate reorganisations, gas networks, data envelopment analysis Read the NTS for EPRG2214

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Measuring the effects of power system reform in Jiangsu Province, China from the perspective of social cost benefit analysis

Tianyu Li, Ciwei Gao, Michael G Pollitt, Tao Chen, Hao Ming Power system reform (PSR), social cost benefit analysis (SCBA), electricity market, industrial and commercial electricity price Read the NTS for EPRG2213

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Defining gas price limits and gas saving targets for a large-scale gas supply interruption

Robert A Ritz Price cap, security of supply, gas saving, consumer welfare Read the NTS for EPRG2212

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Carbon pricing and industrial competitiveness: border adjustment or free allocation?

Paul Simshauser Cap-and-trade, carbon border adjustment, carbon leakage, industrial competitiveness Read the NTS for EPRG2211

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On dividends and market valuations of Australia’s listed electricity utilities: regulated vs. merchant

Peter Guthrie Electricity, regulated utilities, dividend policy Read the NTS for EPRG2210

Access EPRG2209

Modelling future trends of annual embodied energy of urban residential building stock in China

Wei Zhou, Alice Moncaster, Eoghan O’Neill, David M Reiner, Xinke Wang, Peter Guthrie Urban residential buildings, embodied energy, dynamic stock turnover, probabilistic model, material intensity, policy implications Read the NTS for EPRG2209

Access EPRG2208

Climate change and economic activity: evidence from US states

Kamiar Mohaddes, Ryan Ng, M Hashem Pesaran, Mehdi Raissi, Jui-Chung Yang Climate change, economic growth, adaptation, United States Read the NTS for EPRG2208

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Wind, water and wires: evaluating joint wind and interconnector capacity expansions in hydro-rich regions

David M Reiner Hydro-storage, wind, interconnectors, carbon benefits Read the NTS for EPRG2207

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The case of 100% electrification of domestic heat in Great Britain

Supplementary material
Vassilis M Charitopoulos, Mathilde Fajardy, Chi Kong Chyong, David M Reiner Heat electrification, energy systems optimisation, carbon capture and storage, heat pumps, unit commitment, investment planning Read the NTS for EPRG2206

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How to distinguish climate sceptics, antivaxxers, and persistent sceptics: evidence from a multi-country survey of public attitudes

Supplementary tables
Zeynep Clulow, David Reiner Climate scepticism, anti-vaccine, public perceptions, trust, covid-19 Read the NTS for EPRG2205

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Renewable entry costs, project finance and the role of revenue quality in Australia’s national electricity market

Now published in: Energy Economics, 114
Nicholas Gohdes, Paul Simshauser Renewable energy, PPAS, project finance, counterparty credit, cost of capital Read the NTS for EPRG2204

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People-centric emission reduction in buildings: a data-driven and network topology-based investigation

Ramit Debnath, Ronita Bardhan, Kamiar Mohaddes, Darshil U Shah, Michael H Ramage Emission, climate change, building, computational social science, people-centric transition, Twitter Read the NTS for EPRG2203

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The levelised cost of frequency control ancillary services in Australia’s national electricity market

Joel Gilmore, Tahlia Nolan, Paul Simshauser Frequency control ancillary services, electricity markets, battery storage Read the NTS for EPRG2202

Access EPRG2201

Where next for the electricity distribution system operator? Evidence from a survey of European DSOs and national regulatory authorities

Karim Anaya, Monica Giulietti, Michael Pollitt Distribution system operator, DSO, electricity regulation Read the NTS for EPRG2201

Access EPRG2126

Incentive regulation, productivity growth and environmental effects: the case of electricity networks in Great Britain

Victor Ajayi, Karim Anaya, Michael Pollitt Total factor productivity, incentive regulation, electricity networks, emissions Read the NTS for EPRG2126

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Rooftop solar PV and the peak load problem in the NEM’s Queensland region

Michael Pollitt Rooftop solar PV, renewables, power generation, energy-only markets, peak load problem Read the NTS for EPRG2125

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An evaluation of a local reactive power market: the case of power potential

Karim Anaya, Michael Pollitt Reactive power, social cost benefit analysis, distributed energy resources, ancillary services procurement Read the NTS for EPRG2124

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State-level electricity generation efficiency: do restructuring and regulatory institutions matter in the US?

Victor Ajayi, Tom Weyman-Jones Electricity generation, technical efficiency, marginal effect, restructuring, regulatory institutions Read the NTS for EPRG2123

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Market pilot operations: lessons from Guangdong Province

Yang Liu, Zhigao Jiang, Bowei Guo China power market reform, market failures, local market power, electricity spot market Read the NTS for EPRG2122

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Optimising VRE plant capacity in renewable energy zones

Paul Simshauser, Farhad Billimoria, Craig Rogers Renewable energy zones, renewable generation, transmission investment Read the NTS for EPRG2121

Access EPRG2120

The further economic consequences of Brexit: energy

Geoffroy Dolphin Read the NTS for EPRG2120

Access EPRG2119

Should the EU ETS be extended to road transport and heating fuels?

Michael Pollitt, Geoffroy Dolphin Climate policy, emissions trading, EU, Net Zero Read the NTS for EPRG2119

Access EPRG2118

Hayek and the Texas blackout

Stephen Littlechild, Lynne Kiesling Hayek, Texas blackout, scarcity pricing, retail electricity competition Read the NTS for EPRG2118

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Market power and price exposure: learning from changes in renewables regulation

Natalia Fabra, Imelda Market power, forward contracts, arbitrage, renewables Read the NTS for EPRG2117

Access EPRG2116

Global carbon price asymmetry

Dhruvak Aggarwal Carbon leakage, carbon pricing, imperfect competition, international trade, second best Read the NTS for EPRG2116

Access EPRG2115

Market power and long-term gas contracts: the case of Gazprom in central and Eastern European gas markets

Now published in: The Energy Journal, 44(1)
Chi Kong Chyong, David Reiner, Dhruvak Aggarwal Gazprom, European commission, market power, natural gas, security of supply, competition, long-term contracts, swap deals Read the NTS for EPRG2115

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Identifying residential consumption patterns using data-mining techniques: a large-scale study of smart meter data in Chengdu, China

Jieyi Kang, David Reiner Residential electricity, household consumption behaviour, China, machine learning Read the NTS for EPRG2114

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Machine learning on residential electricity consumption: which households are more responsive to weather?

Jieyi Kang, David Reiner Weather sensitivity, smart metering data, unsupervised learning, clusters, residential electricity, consumption patterns, Ireland Read the NTS for EPRG2113

Access EPRG2112

What is the effect of weather on household electricity consumption? Empirical evidence from Ireland

Jieyi Kang, David Reiner Weather effects, residential electricity consumption, fixed-effects models, smart metering data Read the NTS for EPRG2112

Access EPRG2111

Measuring the impact of electricity market reform in a Chinese context

Kamiar Mohaddes Power sector reform, social cost benefit analysis, state of the market Read the NTS for EPRG2111

Access EPRG2110

Rising temperatures, falling ratings: the effect of climate change on sovereign creditworthiness

Patrycja Klusak, Matthew Agarwala, Matt Burke, Moritz Kraemer, Kamiar Mohaddes Sovereign credit rating, climate change, counterfactual analysis, climate economy models, corporate debt, sovereign debt Read the NTS for EPRG2110

Access EPRG2109

Strategic reserves versus market-wide capacity mechanisms

Pär Holmberg, Thomas Tangerås Capacity mechanism, market design, reliability, resource efficiency Read the NTS for EPRG2109

Access EPRG2108

Vulnerable households and fuel poverty: policy targeting efficiency in Australia’s national electricity market

David Newbery Energy affordability, fuel poverty, policy targeting, targeting efficiency, customer hardship policy Read the NTS for EPRG2108

Access EPRG2107

Designing efficient renewable electricity support schemes

This WP was first published in March 2021 as “Designing efficient renewable electricity support schemes“. It was revised in July 2021, also revised in March 2022.
David Reiner Renewables support schemes, distortions, auctions, yardstick contracts Read the NTS for EPRG2107

Access EPRG2106

Political ideology and public views of the energy transition in Australia and the UK

Zeynep Clulow, Michele Ferguson, Peta Ashworth, David Reiner Political parties, public opinion, climate policy, energy policy Read the NTS for EPRG2106

Access EPRG2105

The contribution of taxes, subsidies and regulations to British electricity decarbonisation

Richard Green, Iain Staffell Electricity decarbonisation, Shapley value, carbon pricing, renewables Read the NTS for EPRG2105

Access EPRG2104

Climate change mitigation policies: aggregate and distributional effects

Tiago Cavalcanti, Zeina Hasna, Cezar Santos Climate change, carbon taxes, worker heterogeneity, labour reallocation Read the NTS for EPRG2104

Access EPRG2103

Renewable energy zones in Australia’s national electricity market

David Newbery Electricity, renewable energy zones, transmission investment, locational investment signals Read the NTS for EPRG2103

Access EPRG2102

The cost of uncoupling GB interconnectors

Now published in: Energy Policy, 158
First published in March 2021, updated in September 2021.
Bowei Guo, David Newbery Electricity trading, market coupling, auctions, price forecasting Read the NTS for EPRG2102

Access EPRG2101

Electrification and welfare for the marginalized: evidence from India

Ashish Kumar Sedai, Tooraj Jamasb, Rabindra Nepal, Ray Miller Electricity access, electricity reliability, instrumental variables, marginalised groups, welfare Read the NTS for EPRG2101

Access EPRG2038

Storing power: market structure matters

David Andrés-Cerezo, Natalia Fabra Storage, electricity, market structure, investment, vertical relations Read the NTS for EPRG2038

Access EPRG2037

An overview of the electrification of residential and commercial heating and cooling and prospects for decarbonisation

Mathilde Fajardy, David Reiner Heating, cooling, electrification, decarbonisation, peak load management, demand response Read the NTS for EPRG2037

Access EPRG2036

Club goods and a tragedy of the commons: the clean energy package and wind curtailment

Revised version, renamed “High renewable penetration: a new ‘tragedy of the commons’”
Previously published as “The distortionary cost of marginal wind curtailment” in December 2020, this paper was revised and renamed in January 2021.
Felix Pretis Wind curtailment, market failures, corrective charges Read the NTS for EPRG2036

Access EPRG2035

Carbon pricing and the elasticity of CO2 emissions

Ryan Rafaty, Geoffroy Dolphin, Felix Pretis Carbon pricing, CO2 emissions, decarbonisation, carbon tax, climate change, climate policy Read the NTS for EPRG2035

Access EPRG2034

Overlapping climate policies

Grischa Perino, Robert Ritz, Arthur van Benthem Overlapping policy, internal carbon leakage, waterbed effect, cap-and-trade, carbon pricing, hybrid regulation Read the NTS for EPRG2034

Access EPRG2033

Are consumers willing to pay for industrial decarbonisation? Evidence from a discrete choice experiment on green plastics

Victor Ajayi, David Reiner Bio-based plastics, mixed logit, discrete choice experiment, willingness to pay, industrial decarbonisation, carbon capture Read the NTS for EPRG2033

Access EPRG2032

Economic efficiency of alternative border carbon adjustment schemes: a case study of California carbon pricing and the western North American power market

Qingyu Xu, Benjamin Hobbs Carbon policy, border carbon adjustment, electricity markets, expansion planning, market efficiency Read the NTS for EPRG2032

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A review of challenges from increasing renewable generation in the Indian power system

Ramit Debnath, Vibhor Mittal, Abhinav Jindal Power system, flexibility, coal economy, social disruption, energy transition, electricity bill 2020 Read the NTS for EPRG2031

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A deep-narrative analysis of energy cultures in slum rehabilitation housing of Abuja, Mumbai and Rio de Janeiro for just policy design

Ramit Debnath, Ronita Bardhan, Sarah Darby, Kamiar Mohaddes, Minna Sunikka-Blank Energy justice, poverty, computational social science, policy design, machine learning, textual analysis Read the NTS for EPRG2030

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Climate targets, executive compensation, and corporate strategy

Chun-Han Yang Balanced scorecard, corporate climate action, corporate strategy, ESG, executive compensation, management incentives Read the NTS for EPRG2029

Access EPRG2028

China’s energy law draft and the reform of its electricity supply sector

Chinese version
Jun Xu, Michael Pollitt, Bai-Chen Xie, Chun-Han Yang No9 document, energy law, power market reform Read the NTS for EPRG2028

Access EPRG2027

An overall customer satisfaction score for GB energy suppliers

Paper revised in March 2021.
Robert Ritz Customer satisfaction, retail energy market, Trustpilot Read the NTS for EPRG2027

Access EPRG2026

Going beyond default intensities in an EU carbon border adjustment mechanism

Michael Mehling, Robert Ritz Border carbon adjustment, carbon pricing, green deal, international law, international trade Read the NTS for EPRG2026

Access EPRG2025

Online reviews and customer satisfaction: the use of Trustpilot by UK retail energy suppliers and three other sectors

Part 2
In March 2021 this Working Paper was split into two papers. Part 2 can be downloaded separately.
David Newbery Online reviews, customer satisfaction, customer feedback, Trustpilot, retail energy market, supermarkets, banks, mobile phone providers Read the NTS for EPRG2025

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Transport policy for a post-COVID UK

Robert Ritz Transport policy, fuel taxes, road pricing, road investment Read the NTS for EPRG2024

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Generalized linear competition: from pass-through to policy

Christos Genakos, Felix Grey, Robert Ritz Pass-through, imperfect competition, regulation, carbon pricing, airlines, political economy Read the NTS for EPRG2023

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A portfolio approach to wind and solar deployment in Australia

Chi Kong Chyong, Carmen Li, David Reiner, Fabien Roques Electricity planning, transmission capacity, geographic and technological diversification, mean-variance portfolio theory (MPT) Read the NTS for EPRG2022

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The productivity puzzle in network industries: evidence from the energy sector

Victor Ajayi, Geoffroy Dolphin, Karim Anaya, Michael Pollitt Total factor productivity, growth accounting, regulation, energy networks, climate policy Read the NTS for EPRG2021

Access EPRG2020

Implications of the national energy and climate plans for the single electricity market of the island of Ireland

Data spreadsheets, Data and model information
Now published in: Energy Policy, 158
Minna Sunikka-Blank Variable renewable electricity, curtailment, interconnection, storage Read the NTS for EPRG2020

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Grounded reality meets machine learning: a deep-narrative analysis framework for energy policy research

Ramit Debnath, Sarah Darby, Ronita Bardhan, Kamiar Mohaddes, Minna Sunikka-Blank Energy policy, narratives, topic modelling, computational social science, text analysis, methodological framework Read the NTS for EPRG2019

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Developing a generic system dynamics model for building stock transformation towards energy efficiency and low-carbon development

Now published in: Energy Research and Social Science, 69
Wei Zhou, Alice Moncaster, David Reiner, Peter Guthrie Building stock, system dynamics, disaggregation, aging chain, energy retrofit Read the NTS for EPRG2018

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Socially inclusive renewable energy transition in Sub-Saharan Africa: a social shaping of technology analysis of appliance uptake in Rwanda

Olivia Muza, Ramit Debnath Energy transition, off-grid system, Sub-Saharan Africa, social shaping of technology, gender, disruptive innovation Read the NTS for EPRG2017

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Forecasting urban residential stock turnover dynamics using system dynamics and Bayesian model averaging

Wei Zhou, Eoghan O’Neill, Alice Moncaster, David Reiner, Peter Guthrie Building stock, lifetime distribution, system dynamics, Bayesian model averaging, Markov chain Monte Carlo, embodied energy, operational energy, China Read the NTS for EPRG2016

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The CMA’s assessment of customer detriment in the UK retail energy market

Joel Gilmore Retail energy markets, market power, efficient costs Read the NTS for EPRG2015

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Is the NEM broken? Policy discontinuity and the 2017-2020 investment megacycle

Now published in: Energy Policy, 160
Paul Simshauser, Joel Gilmore Renewables, energy markets, investment cycles Read the NTS for EPRG2014

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The cost of CO2 abatement from Britain’s only PWR: Sizewell B

Appendix
Updated in April 2021. Previously published in May 2020 as “The cost of CO2 abatement from Britain’s only PWR: Sizewell B”.
Tooraj Jamasb Cost of CO2, nuclear power, RAB, WACC, cost benefit analysis Read the NTS for EPRG2013

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Electrification and socio-economic empowerment of women in India

Ashish Kumar Sedai, Rabindra Nepal, Tooraj Jamasb Women empowerment, quality of electrification, instrumental variables Read the NTS for EPRG2012

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On green growth with sustainable capital

Parantap Basu, Tooraj Jamasb Green growth, sustainability, carbon tax, clean growth, resource substitution Read the NTS for EPRG2011

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What effect has the 2015 power market reform had on power prices in China? Evidence from Guangdong and Zhejiang

Chinese version
First published in May 2020, updated in July 2020.
Bai-Chen Xie, Jun Xu, Michael G Pollitt Chinese power market reform, electricity prices, NO9 document Read the NTS for EPRG2010

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Willingness to pay for better air quality: the case of China

Li-Qiu Liu, Zhong-Ling Yin, Bai-Chen Xie, Wei Zhou Happiness, willingness to pay, air pollution, China Read the NTS for EPRG2009

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Merchant utilities and boundaries of the firm: vertical integration in energy-only markets

Now published in: Energy Economics, 104
First published in May 2020, this paper was revised in September 2021.
Paul Sammon Vertical integration, electricity markets, energy-only markets, transaction costs, credit ratings Read the NTS for EPRG2008

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Border carbon adjustments and industrial competitiveness in a European green deal

Stuart Evans, Michael A Mehling, Robert A Ritz, Paul Sammon Border carbon adjustment, carbon pricing, competitiveness, international trade Read the NTS for EPRG2007

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What does the power outage on 9 August 2019 tell us about GB power system

This WP was first published in March 2020, updated in April 2020 and last amended in August 2020.
David Newbery Power blackouts, UK electricity, security of supply Read the NTS for EPRG2006

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The cost of trade distortion: Britain’s carbon price support and cross-border electricity trade

Now published in: The Energy Journal, 44(1)
This Working Paper has replaced EPRG WP 1918 published in June 2019. It was previously published as “The cost of trade distortion: Britain’s carbon price support and cross-border electricity trade”.
Bowei Guo, David Newbery Carbon tax, bilateral trading, electricity market, cost-benefit analysis Read the NTS for EPRG2005

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Identifying innovative actors in the electricity supply industry using machine learning: an application to UK patent data

Geoffroy G Dolphin, Michael G Pollitt Innovation, electricity sector, machine learning Read the NTS for EPRG2004

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Electricity market integration, decarbonisation and security of supply: dynamic volatility connectedness in the Irish and Great Britain markets

Hung Do, Rabindra Nepal, Tooraj Jamasb Market integration, electricity, renewable, energy policy, volatility Read the NTS for EPRG2003

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Merchant renewables and the valuation of peaking plant in energy-only markets

Now published in: Energy Economics, 91
Bartek A Glowacki Merchant renewables, peaking plant, power plant valuations Read the NTS for EPRG2002

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Techno-economic study of output-flexible light water nuclear reactor systems with cryogenic energy storage

Andy Wilson, William J Nuttall, Bartek A Glowacki Uncertainty analysis, power grid economics, energy storage, nuclear power Read the NTS for EPRG2001

Access EPRG1937

Cost pass-through in the British wholesale electricity market: implications of Brexit and the ETS reform

Previously published as “Cost pass-through in the British wholesale electricity market: implications of Brexit and the ETS reform”.
Bowei Guo, Giorgio Castagneto Gissey Electricity market, cost pass-through, competition, carbon price, VECM Read the NTS for EPRG1937

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What predicts government trustworthiness in cross-border HK-Guangdong nuclear safety emergency governance

Yang Han, Jacqueline CK Lam, Peiyang Guo, Zhonghua Gou Nuclear power, risk perception, government trustworthiness, nuclear safety governance, cross-border nuclear safety, Guangdong China, cross-border region Read the NTS for EPRG1936

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Carbon cost pass-through in industrial sectors

Karsten Neuhoff, Robert A Ritz Carbon pricing, cost pass-through, free allocation, full carbon price internalisation, international trade, market structure Read the NTS for EPRG1935

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Exploring public support for climate action and renewables in resource-rich economies: the case of Scotland

Rosemary Ostfeld, David M Reiner Citizens’ jury, focus groups, energy transition, climate policy, renewable energy, low-carbon technologies, Scotland, carbon capture and storage Read the NTS for EPRG1934

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Applying Bayesian model averaging to characterise urban residential stock turnover dynamics

Wei Zhou, Eoghan O’Neill, Alice Moncaster, David M Reiner, Peter Guthrie Building stock, lifetime distribution, Bayesian model averaging, Markov chain Monte Carlo, embodied energy, operational energy, China Read the NTS for EPRG1933

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Measuring inefficiency in international electricity trading

Now published in: Energy Policy, 143
First published in September 2019, updated in October 2019, revised in February 2020.
LG Montoya, Bowei Guo, David Newbery, PE Dodds, G Lipman Electricity trading efficiency, cross-border allocation, interconnector, market coupling, metrics Read the NTS for EPRG1932

Access EPRG1931

Seasonal flexibility in the European natural gas market

Iegor Riepin, Felix Müsgens European gas market, market modelling, seasonality Read the NTS for EPRG1931

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Assessing market power in the Italian electricity market: a synthetic supply approach

Francesco Rossetto, Luigi Grossi, Michael Pollitt Electricity wholesale market, market power, bidding strategy, synthetic supply Read the NTS for EPRG1930

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Does competition increase pass-through?

Michael Pollitt Cost pass-through, imperfect competition, perfect competition, production technology Read the NTS for EPRG1929

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Competition in markets for ancillary services? The implications of rising distributed generation

Paul Simshauser Ancillary services, balancing energy, frequency regulation, reactive power, constraint management, reserves Read the NTS for EPRG1928

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Lessons from Australia’s national electricity market 1998-2018: the strengths and weaknesses of the reform experience

Simon Taylor Microeconomic reform, energy-only markets, network regulation Read the NTS for EPRG1927

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Financing low-carbon generation in the UK: the hybrid RAB model

Appendix B (xls), Appendix D (xls)
David Newbery, Michael Pollitt, David M Reiner, Simon Taylor Nuclear power, financing, RAB, WACC, risk Read the NTS for EPRG1926

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Long-term macroeconomic effects of climate change: a cross-country analysis

Now published in: Energy Economics, 104
The study was mentioned on Fox News on 16 November 2020.
Matthew E Khan, Kamiar Mohaddes, Ryan NC Ng, Hashem Pesaran, Mehdi Raisse Climate change, economic growth, adaptation, counterfactual analysis Read the NTS for EPRG1925

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A unit commitment and economic dispatch model of the GB electricity market: formulation and application to hydro pumped storage

Chi Kong Chyong, David Newbery, Thomas McCarty Economic modelling, unit commitment, economic dispatch, electricity market modelling, hydro pumped energy storage, wind energy, solar energy, electrical energy storage investment Read the NTS for EPRG1924

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Estimating lifetimes and stock turnover dynamics of urban residential buildings in China

Wei Zhou, Alice Moncaster, David M Reiner, Peter Guthrie Building stock, survival analysis, lifetime distribution, system dynamics Read the NTS for EPRG1923

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European gas markets, trading hubs, and price formation: a network perspective

David Woroniuk, Arzé Karam, Tooraj Jamasb Market integration, information transmissions, natural gas, network theory Read the NTS for EPRG1922

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Capacity mechanisms and the technology mix in competitive electricity markets

Par Holmberg, Robert A Ritz Investment, wholesale electricity market, capacity mechanism, capacity auction, strategic reserve Read the NTS for EPRG1921

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Digitalisation and new business models in energy sector

Sinan Küfeoglu, Gaomin Liu, Karim Amaya, Michael G Pollitt Feed-in tariff, distribution system platform, peer-to-peer, blockchain Read the NTS for EPRG1920

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Can wholesale electricity prices support “subsidy-free” generation investment in Europe?

Supplementary information
Chi Kong Chyong, Michael Pollitt, Reuben Cruise Electricity market design, electricity regulation, wind energy, solar energy, electricity generation investment, ancillary services, capacity renumeration mechanisms, energy-only prices Read the NTS for EPRG1919

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The impact of a carbon tax on cross-border electricity trading

First published on 6 June 2019, updated version published on 25 June 2019. It has been replaced by a new Working Paper, EPRG WP 2005.
Bowei Guo, David Newbery, Giorgio Castagneto Gissey Carbon tax, interconnectors, cost-benefit analysis, m-GARCH Read the NTS for EPRG1918

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Political economy of reform and regulation in the electricity sector of Sub-Saharan Africa

Mahmud I Imam, Tooraj Jamasb, Manuel Llorca Independent regulation, electricity sector reform, government ideology, dynamic GMM, Sub-Saharan Africa Read the NTS for EPRG1917

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Elecxit: the cost of bilaterally uncoupling British-EU electricity trade

Joachim Geske, Richard Green, Iain Staffell Electricity trading, market coupling, Brexit Read the NTS for EPRG1916

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The role of expectations for market design – on structural regulatory uncertainty in electricity markets

Mirjam Ambrosius, Jonas Egerer, Veronika Grimm, Adriaan H van der Weijde Electricity, investment, structural uncertainty, market design, bidding zones, nodal pricing Read the NTS for EPRG1915

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Network utilities performance and institutional quality: evidence from the Italian electricity sector

Golnoush Soroush, Carlo Cambini, Tooraj Jamasb, Manuel Llorca Institutional quality, stochastic frontier analysis, electricity distribution in Italy, cost efficiency, inefficiency determinants Read the NTS for EPRG1914

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The private and social value of British electrical interconnectors

This WP was first published in April 2019 and revised in May 2019.
David Newbery, Giorgio Castagneto Gissey, Bowei Guo, Paul E Dodds Interconnectors, market coupling, hedging, private and social cost Read the NTS for EPRG1913

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How blue is the sky? Estimating the air quality data in Beijing during the Blue Sky Day period (2008-2012) by the Bayesian LSTM approach

Yang Han, Victor OK Li, Jacqueline CK Lam, Michael Pollitt Blue sky day (BSD), air quality, Beijing, data irregularity, Bayesian LSTM, data estimation Read the NTS for EPRG1912

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Capacity vs energy subsidies for renewables: benefits and costs for the 2030 EU power market

Özge Özdemir, Benjamin F Hobbs, Marit van Hout, Paul Koutstaal Electricity markets, renewable policy, capacity subsidy, energy subsidy, renewable target Read the NTS for EPRG1911

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Understanding overlapping policies: internal carbon leakage and the punctured waterbed

Grischa Perino, Robert Ritz, Arthur van Benthem Cap-and-trade, carbon leakage, carbon price floor, carbon pricing, EU-ETS, overlapping policy, hybrid policy, waterbed effect Read the NTS for EPRG1910

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Production efficiency of nodal and zonal pricing in imperfectly competitive electricity markets

Mahir Sarfati, Mahammad Reza Hesamzadeh, Par Holmberg Congestion management, zonal pricing, flow-based market coupling Read the NTS for EPRG1909

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Challenges to the future of European single market in natural gas

David Newbery Natural gas, European single gas market, security of supply, regulatory policy Read the NTS for EPRG1908

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Strengths and weaknesses of the British market model

Melvyn Weeks British electricity supply, reforms, financing, renewables, tariffs, nuclear Read the NTS for EPRG1907

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Causal tree estimation of heterogeneous household response to time-of-use electricity pricing schemes

Eoghan O’Neill, Melvyn Weeks Machine learning, TOU tariffs, smart metering, household electricity demand Read the NTS for EPRG1906

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Ownership unbundling of electricity distribution networks

Paul Nillesen, Michael G Pollitt Electricity distribution, ownership unbundling Read the NTS for EPRG1905

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The impact of a carbon tax on the CO2 emissions reduction of wind

Now published in: The Energy Journal, 41(1)
This WP was first published in January 2019 and was revised in May 2019.
Chi Kong Chyong, Bowei Guo, David Newbery Carbon pricing, fuel mix, wind, marginal displacement factors, unit commitment model, econometrics Read the NTS for EPRG1904

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Energy systems integration: economics of a new paradigm

Tooraj Jamasb, Manuel Llorca Energy systems integration, economic principles, regulation, business models Read the NTS for EPRG1903

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Central- versus self-dispatch in electricity markets

Victor Ahlqvist, Pär Holmberg, Thomas Tangerås Wholesale electricity markets, market clearing, centralisation, decentralisation, unit-commitment, self-dispatch Read the NTS for EPRG1902

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On the impact of government-initiated CFD’s in Australia’s national electricity market

Joel Gilmore Variable renewable energy, contracts-for-differences, hedge contracts Read the NTS for EPRG1901

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On entry cost dynamics in Australia’s national electricity market

Paul Simshauser, Joel Gilmore Variable renewable energy, electricity prices, power system planning Read the NTS for EPRG1841

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Pricing in day-ahead electricity markets with near-optimal unit commitment

Brent Eldridge, Richard O’Neill, Benjamin F Hobbs Unit commitment, nonconvex pricing, mixed integer programming, market design Read the NTS for EPRG1840

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Restructuring the Chinese electricity supply sector – how industrial electricity prices are determined in a liberalized power market: lessons from Great Britain

Chinese version
Michael G Pollitt, Lewis Dale Chinese power market reform, industrial electricity price, electricity liberalisation Read the NTS for EPRG1839

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Increase-decrease game under imperfect competition in two-stage zonal power markets – part II: Solution algorithm

M Sarfati, MR Hesamzadeh, P Holmberg Modified benders decomposition, multiple subgame perfect Nash equilibria, parallel computing, wholesale electricity market, zonal pricing Read the NTS for EPRG1838

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Increase-decrease game under imperfect competition in two-stage zonal power markets – Part I: Concept analysis

M Sarfati, MR Hesamzadeh, P Holmberg Two-stage game, zonal pricing, two-stage equilibrium problem with equilibrium constraints, wholesale electricity market Read the NTS for EPRG1837

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Deploying gas power with CCSs: the role of operational flexibility, merit order and the future energy system

Supplementary information
Matthias A Schnellmann, Chi-Kong Chyong, David M Reiner, Stuart A Scott Carbon capture and storage, flexibility, combined cycle gas turbine (CCGT), power plants, electricity system, amine solvents Read the NTS for EPRG1836

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Consumer engagement in energy markets: the role of information and knowledge

Xiaoping He, David Reiner Consumer switching, services market participation, household engagement, multivariate probit, UK retail gas and electricity markets, information and knowledge effects Read the NTS for EPRG1835

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China’s response to nuclear safety post-Fukushima: genuine or rhetoric?

Jacqueline CK Lam, Lawrence YL Cheung, Y Han, SS Wang Nuclear safety, media focus, computational text analysis, regulatory governance, safety management Read the NTS for EPRG1834

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Strategic behaviour in a capacity market? The new Irish electricity market design

Juha Teirilä, Robert A Ritz Capacity market, strategic behaviour, competitive benchmark analysis, restructured electricity market, auction design Read the NTS for EPRG1833

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Utilities governance, incentives, and performance: evidence from the water sector in India

Sai Amulya Nyathikala, Tooraj Jamasb, Manuel Llorca, Mukul Kulshrestha Governance and regulation, socioeconomic and environmental performance, stochastic frontier analysis, sustainability, urban water supply in India Read the NTS for EPRG1832

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Pass-through, profits and the political economy of regulation

Felix Grey, Robert A Ritz Cost pass-through, regulation, carbon pricing, airlines, political economy Read the NTS for EPRG1831

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Economic assessment of using electric vehicles and batteries as domestic storage units in the United Kingdom

Donato A Melchiorre, Sinan Küfeoglu Electric vehicles, battery, vehicle-to-home systems, tariffs Read the NTS for EPRG1830

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Reactive power procurement: lessons from three leading countries

Karim L Anaya, Michael G Pollitt Reactive power, system operators, distributed energy resources, procurement methods, auction market design Read the NTS for EPRG1829

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Regulated electricity networks, investment mistakes in retrospect and stranded assets under uncertainty

Paul Simshauser, Alexandr Akimov Electricity utilities, falling demand, stranded assets Read the NTS for EPRG1828

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Price discrimination and the modes of failure in deregulated retail electricity markets

Karim Anaya Price discrimination, electricity prices, jawboning Read the NTS for EPRG1827

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Electric power distribution in the world: today and tomorrow

Sinan Küfeoglu, Michael Pollitt, Karim Anaya Distribution system operator, DSO, market platform, transmission system operator, TSO Read the NTS for EPRG1826

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Shadow pricing of electric power interruptions for distribution system operators in Finland

Sinan Küfeoglu, Niyazi Gündüz, Hao Chen, Matti Lehtonen Power interruption, distribution system operator, interruption cost, shadow price Read the NTS for EPRG1825

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A novel machine learning approach for identifying the drivers of domestic electricity users’ price responsiveness

Peiyang Guo, Jacqueline CK Lam, Victor OK Li Time-based electricity pricing, price responsiveness, high-potential users, variable selection, time of use, machine learning Read the NTS for EPRG1824

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Objective vs. Subjective fuel poverty and self-assessed health

Manuel Llorca, Ana Rodríguez-Álvarez, Tooraj Jamasb Fuel poverty in Spain, self-assessed health, latent class ordered probit model Read the NTS for EPRG1823

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Regional differences in economic impacts of power outages in Finland

Niyazi Gündüz, Sinan Küfeoglu, Christian Winzer, Matti Lehtonen Electric power outages, security of supply, customers, interruption, cost, DSO, compensation Read the NTS for EPRG1822

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Missing money, missing policy and resource adequacy in Australia’s national electricity market

Michael G Pollitt Resource adequacy, climate change policy, electricity prices Read the NTS for EPRG1821

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Does environmental heterogeneity affect the productive efficiency of grid utilities in China?

Xiao-Yan Liu, Li-Qiu Liu, Bai-Chen Xie, Michael G Pollitt Grid industry, efficiency estimation, stochastic frontier analysis, environmental heterogeneity, China Read the NTS for EPRG1820

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Economic dispatch in the electricity sector in China: potential benefits and challenges ahead

Hao Chen, Chi Kong Chyong, Jia-Ning Kang, Yi-Ming Wei Economic dispatch, electricity, power markets, energy saving, China, coal, optimisation model Read the NTS for EPRG1819

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European industrial energy intensity: the role of innovation 1995-2009

Victor Ajayi, David Reiner Industrial energy intensity, innovation, energy price, carbon tax Read the NTS for EPRG1818

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UK electricity market reform and the energy transition: emerging lessons

Now published in: The Energy Journal, 39(6)
Michael Grubb, David Newbery Electricity market design, capacity auctions, renewables support Read the NTS for EPRG1817

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When is a carbon price floor desirable?

Policy brief
David M Newbery, David M Reiner, Robert A Ritz Carbon pricing, electricity markets, market failure, policy failure, political economy, price floor, price corridor Read the NTS for EPRG1816

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The European single market in electricity: an economic assessment

Michael Pollitt Electricity single market, decarbonisation Read the NTS for EPRG1815

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The impact of PVS and EVS on domestic electricity network charges: a case study from Great Britain

Now published in: Energy Policy, 127
Sinan Küfeoglu, Michael Pollitt Distribution, network, tariff, PV, EV Read the NTS for EPRG1814

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Simulation and evaluation of zonal electricity market design

M R Hesamzadeh, P Holmberg, M Sarfati Two-stage game, zonal pricing, wholesale electricity market, bilinear programming Read the NTS for EPRG1813

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Unintended consequences: the snowball effect of energy communities

Ibrahim Abada, Andreas Ehrenmann, Xavier Lambin Energy communities, cooperative game theory, non-cooperative game theory, decentralised power production, consumer participation, micro-grids Read the NTS for EPRG1812

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Trust in government and effective nuclear safety governance in Great Britain

Jacqueline CK Lam, Victor OK Li, David M Reiner, Yang Han, Shan Shan Wang Nuclear power, risk perceptions, government trust, nuclear safety governance Read the NTS for EPRG1811

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A comparison of public preferences for different low-carbon energy technologies: support for ccs, nuclear and wind energy in the United Kingdom

Hao Yu, David M Reiner, Hao Chen, Zhifu Mi Public preferences, low carbon, energy technologies, CCS, wind, nuclear Read the NTS for EPRG1810

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Institutions and performance of regulated firms: evidence from electric utilities in the Indian states

Tooraj Jamasb, Manuel Llorca, Pavan Khetrapal, Tripta Thakur Quality of state institutions, electricity distribution in India, heteroscedastic stochastic frontier models, inefficiency determinants Read the NTS for EPRG1809

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Systems innovation, inertia and pliability: a mathematical exploration with implications for climate change abatement

Michael Grubb, Jean-Francois Mercure, Pablo Salas, Rutger-Jan Lange, Ida Sognnaes Innovation, path dependence, inertia, learning by doing, climate change abatement, endogenous technological change, energy systems Read the NTS for EPRG1808

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Restructuring the chinese electricity supply sector: an assessment of the market pilot in Guangdong Province

Chinese version
Michael G Pollitt, Chung-Han Yang, Hao Chen Power market reform, international experience, Guangdong, China, industrial electricity price Read the NTS for EPRG1807

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A primer on capacity mechanisms

Maosheng Duan Scarcity pricing, market power, capacity markets, reliability options Read the NTS for EPRG1806

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Stakeholder views on interactions between low-carbon policies and carbon markets in China: lessons from the Guangdong ETS

Mengfei Jiang, Xi Liang, David Reiner, Boqiang Lin, Maosheng Duan Emissions trading, China, carbon pricing, Guangdong ETS pilot, stakeholder survey, climate change policy, low-carbon policy interactions Read the NTS for EPRG1805

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Storage business models: lessons for electricity from natural gas, cloud data and frozen food

Karim L Anaya, Michael G Pollitt Business models, electrical energy storage, natural gas storage, frozen food storage, cloud storage Read the NTS for EPRG1804

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Harnessing the ring of fire: political economy of clean energy development finance on geothermal development in Indonesia and the Philippines

Michael G Pollitt Clean energy development, development finance, energy policy, geothermal energy Read the NTS for EPRG1803

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International spillovers and carbon pricing policies

This WP was revised in March 2019 and replaced the old version.
Geoffroy Dolphin, Michael G Pollitt International spillovers, trade, carbon pricing Read the NTS for EPRG1802

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Sector reforms and institutional corruption: evidence from electricity industry in Sub-Saharan Africa

Previously published in January 2018 under the title “Power sector reform and corruption: evidence from Sub-Saharan Africa”. Updated in May 2018 under a new title.
Mahmud I Imam, Tooraj Jamasb, Manuel Llorca Electricity sector reform, corruption, Sub-Saharan Africa, panel data, dynamic GMM Read the NTS for EPRG1801

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The race to solve the sustainable transport problem via carbon-neutral synthetic fuels and battery electric vehicles

Ilkka Hannula, David M Reiner Carbon-neutral synthetic fuels, electrofuels, advanced biofuels, battery electric vehicles, low-carbon transportation alternatives Read the NTS for EPRG1721

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Risk trading in capacity equilibrium models

Gauthier de Maere d’Aertrycke, Andreas Ehrenmann, Daniel Ralph, Yves Smeers Capacity expansion, spot market, perfect or Cournot competition, risk aversion, risk trading, complete or incomplete risk market, coherent risk measure, risky capacity equilibria Read the NTS for EPRG1720

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Designing an electricity wholesale market to accommodate significant renewables penetration: lessons from Britain

Michael G Pollitt Renewables, market failures, locational signals, contract design Read the NTS for EPRG1719

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Regulating the electricity system operator: lessons for Great Britain from around the world

Karim L Anaya, Michael G Pollitt Independent system operator, electricity, regulation Read the NTS for EPRG1718

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Energy and the military: convergence of security, economic, and environmental decision-making

William J Nuttall, Constantine Samaras, Morgan Bazilian Energy technology, defence policy, innovation Read the NTS for EPRG1717

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On the viability of energy communities

Ibrahim Abada, Andreas Ehrenmann, Xavier Lambin Energy communities, cooperative game theory, decentralised power production, consumer participation, micro-grids Read the NTS for EPRG1716

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Contractual framework for the devolution of system balancing responsibility from the transmission system operator to distribution system operators

Seung Wan Kim, Michael G Pollitt, Young Gyu Jin, Jip Kim, Yong Tae Yoon System balancing responsibility, devolution principle, cost-causality principle, system balancing cost allocation, risk hedging contract Read the NTS for EPRG1715

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Corporate lobbying for environmental protection

Goran Strbac Lobbying, environmental policy, political economics Read the NTS for EPRG1714

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A system operator’s utility function for the frequency response market

Thomas Greve, Fei Teng, Michael Pollitt, Goran Strbac Utility function, ancillary services, system operator, energy storage, VCG mechanism Read the NTS for EPRG1713

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Market power in the capacity market? The case of Ireland

Wadim Strielkowski Capacity market, strategic behaviour, competitive benchmark analysis, procurement auction Read the NTS for EPRG1712

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Market design for a high-renewables European electricity system

Now published in: Renewable and Sustainable Energy Reviews, 91
David Newbery, Michael Pollitt, Robert Ritz, Wadim Strielkowski Electricity markets, wholesale market design, renewable energy, interconnection, electricity storage, long-term contracts, capacity markets Read the NTS for EPRG1711

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A social cost benefit analysis of grid-scale electrical energy storage projects: evaluating the smarter network storage project

Now published in: Applied Energy, 212
Arjan S Sidhu, Michael G Pollitt, Karim L Anaya Electrical energy storage, battery, social cost benefit analysis Read the NTS for EPRG1710

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Small systems, big targets: power sector reforms and renewable energy development in small electricity systems

Rabindra Nepal, Tooraj Jamasb, Anupama Sen, Lawrence Cram Electricity, reforms, renewables, island economies, territories Read the NTS for EPRG1709

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The economics of air pollution from fossil fuels

Thomas P Tangerås Air pollution, particulates, fossil generation, transport, emissions trading Read the NTS for EPRG1708

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Equilibrium supply security in a multinational electricity market with renewable production

David Newbery Capacity mechanism, decentralised policy making, multinational electricity market, network investment, security of supply Read the NTS for EPRG1707

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How to judge whether supporting solar PV is justified

Now published in: Energy Policy, 120
This paper was updated in December 2017 and replaced the previous version published in June 2017.
David M Newbery Solar PV, learning-by-doing, subsidies, carbon emissions Read the NTS for EPRG1706

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What future(s) for liberalized electricity markets: efficient, equitable or innovative?

Now published in: The Energy Journal, 39(1)
Hao Chen Electricity market design, tariffs, renewables support, utilities Read the NTS for EPRG1705

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Reforming the Chinese electricity supply sector: lessons from international experience

Chinese version
Michael G Pollitt, Chung-Han Yang, Hao Chen Power market reform, international experience, China, industrial electricity price Read the NTS for EPRG1704

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The CMA’s assessment of customer detriment in the GB retail energy market

Previously published in March 2017 under the title “The CMA’s analysis of the retail energy market: an examination using textbook economics”. Updated in April 2018 under a new title.
Michael G Pollitt Retail energy markets, market power, efficient costs

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The economic consequences of Brexit: energy

Iivo Vehviläinen Brexit, energy policy Read the NTS for EPRG1702

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Gone with the wind: an empirical analysis of the renewable energy rent transfer

Matti Liski, Iivo Vehviläinen Electricity, renewables, storage, climate policies Read the NTS for EPRG1701

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Improving decision making for public R&D investment in energy: utilizing expert elicitation in parametric models

Gabriel Chan, Laura Diaz Anadon Decision-making under uncertainty, research policy, public R&D, energy R&D, energy technology Read the NTS for EPRG1631

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Using a spatial econometric approach to mitigate omitted variables in stochastic frontier models: an application to Norwegian electricity distribution networks

Luis Orea, Inmaculada C Álvarez, Tooraj Jamasb Spatial econometrics, stochastic frontier models, environmental conditions, electricity distribution networks Read the NTS for EPRG1630

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A future auction mechanism for distributed generation

Thomas Greve, Michael G Pollitt Future electricity networks, electricity subscriptions, proxy agent, VCG auction mechanism Read the NTS for EPRG1629

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Fuel poverty and well-being: a consumer theory and stochastic frontier approach

Ana Rodríguez-Álvarez, Luis Orea, Tooraj Jamasb Distance functions, fuel poverty, general poverty, indifference curve, stochastic frontier analysis, subjective well-being Read the NTS for EPRG1628

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The political economy of carbon pricing: a panel analysis

GG Dolphin, MG Pollitt, DM Newbery Carbon pricing, panel analysis, political economy, electricity sector Read the NTS for EPRG1627

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A simple introduction to the economics of storage: shifting demand and supply over time and space

Now published in: Energy Policy, 113
Phil Taylor Electrical energy storage, interconnectors, flexibility services Read the NTS for EPRG1626

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Economic zones for future complex power systems

Thomas Greve, Charalampos Patsios, Michael G Pollitt, Phil Taylor Future power systems, zones of control, auctions Read the NTS for EPRG1625

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Contracting in a market with differential information

Marta Rocha, Thomas Greve Price competition, personalised payment, differential information Read the NTS for EPRG1624

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Electricity network charging for flexibility

Tooraj Jamasb Network charging methodology, platform market Read the NTS for EPRG1623

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Energy efficiency and rebound effect in European road freight transport

Manuel Llorca, Tooraj Jamasb European road freight transport, stochastic frontier analysis, energy efficiency, rebound effect Read the NTS for EPRG1622

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Does risk aversion affect transmission and generation planning? A western North America case study

Francisco D Munoz, Adriaan Hendrik van der Weijde, Benjamin F Hobbs, Jean-Paul Watson Risk aversion, stochastic programming, transmission planning, generation planning Read the NTS for EPRG1621

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Optimal power generation portfolios with renewables: an application to the UK

Rowan Adams, Tooraj Jamasb Electricity, portfolio theory, technology, risk Read the NTS for EPRG1620

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The prisoner’s dilemma in Cournot models: when endogenizing the level of competition leads to competitive behaviors

Ibrahim Abada, Andreas Ehrenmann Imperfect competition, export oligopoly, open and closed loop Nash equilibrium Read the NTS for EPRG1619

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Pricing electricity and supporting renewables in heavily energy subsidized economies

Now published in: Energy Journal, 38(S)
The WP was slightly revised on 19 August 2016.
David Newbery Energy subsidies, interest group politics, reforming electricity tariffs, renewables Read the NTS for EPRG1618

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Questioning the EU target electricity model: how should it be adapted to deliver the trilemma?

Now published in: Energy Policy, 105
Michael G Pollitt Reliability, sustainability and affordability, capacity auctions, contract design, renewables Read the NTS for EPRG1617

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Which smart electricity services contracts will consumers accept? The demand for compensation in a platform market

First published in May 2016, this WP was updated in November 2016.
Laura-Lucia Richter, Michael G Pollitt Smart energy services, preference heterogeneity, discrete choice experiment, willingness-to-pay, platform markets Read the NTS for EPRG1616

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Flexible mixed logit with posterior analysis: eliciting willingness to pay for grid resilience

Laura-Lucia Richter, Melvyn Weeks Willingness-to-pay, electricity service quality, mixed logit, social welfare Read the NTS for EPRG1615

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Overcoming barriers to electrical energy storage: comparing California and Europe

Francisco Castellano Ruz, Michael G Pollitt Electrical energy storage, battery, market design Read the NTS for EPRG1614

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A VCG auction for electricity storage

Thomas Greve, Michael G Pollitt Electricity storage, interconnectors, auctions Read the NTS for EPRG1613

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OPEC vs US shale oil: analyzing the shift to a market-share strategy

Alberto Behar, Robert A Ritz Crude oil, OPEC, price crash, shale oil, market share, limit pricing Read the NTS for EPRG1612

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The prospects for smart energy prices: observations from 50 years of residential pricing for fixed line telecoms and electricity

Musiliu O Oseni, Michael G Pollitt Smart pricing, business models, telecoms, energy, residential, UK Read the NTS for EPRG1611

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How does renewables competition affect forward contracting in electricity markets?

Philippe Vassilopoulos Electricity markets, renewable energy, forward contracting Read the NTS for EPRG1610

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Intraday markets for power: discretizing the continuous trading?

Karsten Neuhoff, Nolan Ritter, Aymen SalahAbou-El-Enien, Philippe Vassilopoulos Auctions, electricity, empirical analysis, market design Read the NTS for EPRG1609

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A global carbon market?

David Newbery Carbon market, carbon tax, EU-ETS Read the NTS for EPRG1608

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Policies for decarbonizing a liberalized power sector

Now published in: Economics: The Open-Access, Open-Assessment E-Journal, 12
David Reiner Carbon price, electricity, investment, renewables, marginal abatement cost Read the NTS for EPRG1607

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It’s the society, stupid! Communicating emergent climate technologies in the internet age

Olaf Corry, David Reiner Emergent technologies, carbon capture and storage (CCS), climate change, public communications, epistemic community Read the NTS for EPRG1606

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Socially responsible investment and market performance: the case of energy and resource firms

Janusz Brzeszczynski, Binam Ghimire, Tooraj Jamasb, Graham McIntosh Socially responsible investment (sri), sri stocks, energy stocks, stock market returns, dividends Read the NTS for EPRG1605

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The U.S. oil supply revolution and the global economy

Now published in: IMF Working Paper 15/259; Federal Reserve Bank of Dallas Globalization Institute Working Paper 263
Referred to by the Financial Times in the article “Pouring oil on troubled stock markets”, published 27 January 2016.
Kamiar Mohaddes, Mehdi Raissi Tight oil, shale oil, fracking revolution, oil price decline, oil supply, global macroeconometric modelling, and international business cycle Read the NTS for EPRG1604

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Energy subsidies at times of economic crisis: a comparative study and scenario analysis of Italy and Spain

Arjun Mahalingam, David M Reiner Renewable energy, electricity, scenarios, subsidies, EU energy and climate policy, Spain, Italy Read the NTS for EPRG1603

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The economics of global LNG trade: the case of Atlantic and Pacific inter-basin arbitrage in 2010-2014

Chi-Kong Chyong, Roman Kazmin Liquefied natural gas, LNG, security of supply, natural gas, pipelines, long-term contracts, spot transactions, Asia, Qatar, Russia, gas pricing, arbitrage Read the NTS for EPRG1602

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The long-run equilibrium impact of intermittent renewables on wholesale electricity prices

Michael Pollitt Renewables, electricity prices, subsidies, investment Read the NTS for EPRG1601

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The direct costs and benefits of us electric utility divestitures

This Working Paper replaces EPRG WP 1024.
Thomas Triebs, Michael Pollitt Divestiture, economies of scope, electric utilities Read the NTS for EPRG1525

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Markets and long-term contracts: the case of Russian gas supplies to Europe

Frank Wolak Long-term contracts, vertical integration, market trading, gas, Gazprom, Statoil, gas pricing, equilibrium energy modelling Read the NTS for EPRG1524

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Electricity markets: designing auctions where suppliers have uncertain costs

Pär Holmberg, Frank Wolak Cost uncertainty, asymmetric information, uniform-price auction, discriminatory pricing, Bertrand game, market transparency, wholesale electricity market, treasury auction, Bayesian Nash equilibria Read the NTS for EPRG1523

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The robustness of industrial commodity oligopoly pricing strategies

Now published in: Energy Economics, 68
This Working Paper replaces EPRG WP 1318.
David M Newbery, Thomas Greve Market modelling, mark-up equilibria, robustness, oligopoly Read the NTS for EPRG1522

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Price instability in multi-unit auctions

Edward Anderson, Pär Holmberg Multi-unit auctions, indivisible unit, price instability, Bayesian Nash equilibria, supply function equilibria, convergence of Nash equilibria, whole- sale electricity markets Read the NTS for EPRG1521

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In search of ‘good’ energy policy: the social limits to technological solutions to energy and climate problems

Karim L Anaya Energy policy, multi-disciplinary, perspective Read the NTS for EPRG1520

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Can current electricity markets cope with high shares of renewables? A comparison of approaches in Germany, the UK and the state of New York

Now published in: The Energy Journal, 37(S)
Michael G Pollitt, Karim L Anaya Renewables, electricity markets, Germany, UK, New York Read the NTS for EPRG1519

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Considering power system planning in fragile and conflict states

Morgan Bazilian, Debabrata Chattopadhyay Fragile and conflict states, energy planning, power systems

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Is the depressive effect of renewables on power prices contagious? A cross border econometric analysis

Sébastien Phan, Fabien Roques Electricity market, renewables, market coupling, GARCH Read the NTS for EPRG1517

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Reforming UK energy policy to live within its means

David Reiner Energy policy, renewables, support schemes, taxes Read the NTS for EPRG1516

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Why do more British consumers not switch energy suppliers? The role of individual attitudes

Now published in: The Energy Journal, 38(6)
Xiaoping He, David Reiner Energy markets, switching supplier, household behaviours, Logit model Read the NTS for EPRG1515

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Managerial interpretation and innovation in response to climate change

Now published in: Journal of Business Ethics, 143
Jeffrey B Nugent Climate change, dynamic managerial capability, innovation, interpretation, environmental strategy Read the NTS for EPRG1514

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Oil, volatility and institutions: cross-country evidence from major oil producers

Amany El-Anshasy, Kamiar Mohaddes, Jeffrey B Nugent Economic growth, natural resource curse, institutions, oil price volatility, oil income, macroeconomic policy Read the NTS for EPRG1513

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Country-specific oil supply shocks and the global economy: a counterfactual analysis

Kamiar Mohaddes, M Hashem Pesaran Country-specific oil supply shocks, identification of shocks, oil sanctions, oil prices, global oil markets, Iran, Saudi Arabia, international business cycle, global VAR (GVAR), interconnectedness, impulse responses Read the NTS for EPRG1512

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The simple economics of asymmetric cost pass-through

Michael G Pollitt Asymmetric price transmission, cost pass-through, electricity markets, price theory, rockets and feathers Read the NTS for EPRG1511

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Distributed generation: opportunities for distribution network operators, wider society and generators

Now published in: Energy Policy, 105
Karim L Anaya, Michael G Pollitt Distributed generation, renewable energy, smart solutions, cost benefit analysis, smart connection incentive Read the NTS for EPRG1510

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Bargaining practice and negotiation failure in Russia-Ukraine gas relations

David Newbery Gas, bargaining, Russia, Ukraine Read the NTS for EPRG1509

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Missing money and missing markets: reliability, capacity auctions and interconnectors

Now published in: Energy Policy, 94
Previously published in February 2015 under the title “Security of supply, capacity auctions and interconnectors”. Updated July 2015 under a new title.
Tooraj Jamasb Capacity markets, renewables, procurement volume, interconnectors Read the NTS for EPRG1508

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Price volatility and demand for oil: a comparative analysis of developed and developing countries

Andrew Jobling, Tooraj Jamasb Oil price, oil demand, income effect, price effect Read the NTS for EPRG1507

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Public engagement in electricity network development: a case study of the Beauly-Denny project in Scotland

Wenche Tobiasson, Christina Beestermöller, Tooraj Jamasb Electricity transmission, public engagement, property rights Read the NTS for EPRG1506

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Strategic investment and international spillovers in natural gas markets

Ivan Viehoff Competitive advantage, corporate diversification, liquefied natural gas (LNG), supply security, strategic investment Read the NTS for EPRG1505

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The benefits of integrating European electricity markets

Now published in: Energy Policy, 94
David Newbery, Goran Strbac, Ivan Viehoff Electricity market coupling, interconnectors, balancing, benefits Read the NTS for EPRG1504

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Capacity market design options: a dynamic capacity investment model and a GB case study

Daniel Hach, Chi Kong Chyong, Stefan Spinler Capacity mechanism, capacity market, dynamic capacity investment model, generation adequacy, conventional electricity generation investment, renewable energy sources Read the NTS for EPRG1503

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Past and potential roles of electricity system operators: from liberalisation to climate change management in Britain

Michael G Pollitt System operator, climate change policy, electricity liberalisation, renewable generation, EU energy policy Read the NTS for EPRG1502

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Cost trajectories of low carbon electricity generation technologies in the UK: a study of cost uncertainty

Now published in: Energy Policy, 87
Peter G Levi, Michael G Pollitt Cost projections, nuclear, wind power, carbon capture and storage Read the NTS for EPRG1501

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Integrating distributed generation: regulation and trends in three leading countries

Now published in: Energy Policy, 85
Karim L Anaya, Michael G Pollitt Distributed generation, renewable energy, support schemes, connection arrangements Read the NTS for EPRG1423

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The role of distribution network operators in promoting cost-effective distributed generation: lessons from the United States for Europe

Now published in: Renewable and Sustainable Energy Reviews, 51
Karim L Anaya, Michael G Pollitt Electricity auctions, distributed generation, renewable energy, third energy package Read the NTS for EPRG1422

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China’s road to a global scientific powerhouse

Dabo Guan, David M Reiner, Zhu Liu China, R&D, science and technology, spillovers, imported technology contracts

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What is the target battery cost at which battery electric vehicles are socially cost competitive?

Tooraj Jamasb Read the NTS for EPRG1420

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What is the target battery cost at which battery electric vehicles are socially cost competitive?

Now published in: Economics of Transportation, 5
David Newbery, Goran Strbac

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Reform of the coal sector in an open economy: the case of China

Shengbao Ji, Ji Zhang, Tooraj Jamasb Coal taxation, energy, China, open economy, privatisation, game theory Read the NTS for EPRG1419

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Trust and Norwegian-Russian energy relations

SF Ashley Trust, natural gas, oil, trade, co-operation, Norway, Russia, Europe Read the NTS for EPRG1418

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The Japanese electricity system 15 months after March 11th 2011

A Haarscher, M Bruner, J Doblas, A Fargere, SF Ashley Public policy, nuclear power, energy conservation Read the NTS for EPRG1417

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Electricity demand and basic needs: empirical evidence from China’s households

Xiaoping He, David Reiner Key words Read the NTS for EPRG1416

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Promoting or restricting competition? Regulation of the UK retail residential energy market since 2008

Pär Holmberg Retail competition, energy regulation, non-discrimination

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Pro-competitive rationing in multi-unit auctions

Rabindra Nepal Divisible-good auctions, multi-unit auctions, rationing rules, bidding format Read the NTS for EPRG1414

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Incentive regulation and utility benchmarking for electricity network security

Tooraj Jamasb, Rabindra Nepal Benchmarking, network security, incentive regulation, exceptional events Read the NTS for EPRG1413

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The final hurdle? Security of supply, the capacity mechanism and the role of interconnectors

Now published in: Economics of Energy and Environmental Policy, 4(2)
David Newbery, Michael Grubb Capacity mechanisms, procurement volume, interconnectors Read the NTS for EPRG1412

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Sustainable electricity grid development and the public: an economic approach

Wenche Tobiasson, Tooraj Jamasb Electricity transmission, social sustainability, public and local opposition, compensation and benefit sharing Read the NTS for EPRG1411

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Strategies for financing large-scale carbon capture and storage power plants in China

Xi Liang, Hengwei Liu, David Reiner Carbon capture and storage, coal-fired power plant, electricity, finance, China Read the NTS for EPRG1410

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Trust and European-Russian energy cooperation: the case of oil and gas partnerships and long-term contracts

Michael Pollitt Trust, natural gas, oil, trade, cooperation, Europe, Russia, Germany, United Kingdom, networks, relations, long term contracts, European Union Read the NTS for EPRG1409

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Institutional arrangements for the promotion of regional integration of electricity markets: international experience

Musiliu O Oseni, Michael Pollitt Electricity trade, power pools, regional electricity markets

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Scotland, nuclear energy policy and independence

Raphael J Heffron, William J Nuttall Scotland, Scottish independence, nuclear energy policy, nuclear waste Read the NTS for EPRG1407

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The competition assessment framework for the retail energy sector: some concerns about the proposed interpretation

Rabindra Nepal Well-functioning market, competition assessment, retail competition Read the NTS for EPRG1406

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Issues and options in the economic regulation of European network security

Tooraj Jamasb, Rabindra Nepal Network security, exceptional events, incentive regulation, output-based Read the NTS for EPRG1405

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Does weather have an impact on electricity distribution efficiency? Evidence from South America

Now published in: European Journal of Operational Research, 263(3)
Karim L Anaya, Michael G Pollitt Technical efficiency, stocastic frontier analysis, electricity distribution markets, weather, South America Read the NTS for EPRG1404

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Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities

Jorge E Galán, Michael G Pollitt Bayesian inference, electricity distribution, dynamic effects, heterogeneity, stochastic frontier models Read the NTS for EPRG1403

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Dynamic efficiency and incentive regulation: an application to electricity distribution networks

Rahmatallah Poudineh, Grigorios Emvalomatis, Tooraj Jamasb Dynamic efficiency, innovation, investment incentives, benchmarking, electricity Read the NTS for EPRG1402

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Supply function equilibria in transportation networks

Pär Holmberg, Andy Philpott Spatial competition, multi-unit auction, supply function equilibrium, trading network, transmission network, wholesale electricity markets Read the NTS for EPRG1401

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Platform markets and energy services

Claire M Weiller, Michael G Pollitt Platforms, balancing services, electric vehicles, retail electricity markets Read the NTS for EPRG1334

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Market power issues in the reformed Russian electricity supply industry

Now published in: Energy Economics, 50
Laura-Lucia Richter Russian electricity market, liberalisation, market power, concentration, price-cost mark-ups Read the NTS for EPRG1333

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Social effects in the diffusion of solar photovoltaic technology in the UK

Tooraj Jamasb Social effects, installed base, product adoption, diffusion, solar PV technology, micro-generation Read the NTS for EPRG1332

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Distributed generation, storage, demand response, and energy efficiency as alternatives to grid capacity enhancement

Rahmatallah Poudineh, Tooraj Jamasb Distributed generation, storage, demand response, investment deferral, network regulation, business model Read the NTS for EPRG1331

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Melting-pots and salad bowls: the current debate on electricity market design for RES integration

Jean-Michel Glachant, Arthur Henriot Electricity market design, large-scale renewables, intermittency Read the NTS for EPRG1329

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Addressing self-disconnection among prepayment energy consumers: a behavioural approach

Marta Rocha, Michelle Baddeley, Michael G Pollitt Commitment contract, self-control, prepayment meter, self-disconnection, reminder Read the NTS for EPRG1328

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2013 EPRG public opinion survey: smart energy – attitudes and behaviours

Musiliu O Oseni, Michael G Pollitt, David M Reiner, Laura-Lucia Richter, Kong Chyong Public opinion survey, consumption awareness, electricity policy, energy consumption behaviour, electricity monitor, smart appliances, supplier switching Read the NTS for EPRG1327

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The economic costs of unsupplied electricity: evidence from backup generation among African firms

Musiliu O Oseni, Michael G Pollitt Africa, backup, electricity, firms, outage costs, Two-limit Tobit Read the NTS for EPRG1326

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Determining the optimal length of regulatory guarantee: a length-of-contract auction

Thomas Greve, Michael G Pollitt Auctions, contracts, investments, regulation Read the NTS for EPRG1325

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Network procurement auctions

Thomas Greve, Michael G Pollitt Auctions, networks, investments Read the NTS for EPRG1324

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Does the social cost of carbon matter? An assessment of U.S. policy

Robert W Hahn, Robert A Ritz Cost-benefit analysis, social cost of carbon, climate policy, regulatory innovation Read the NTS for EPRG1323

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Energy efficiency in market versus planned economies: evidence from transition countries

Rabindra Nepal, Tooraj Jamasb Market reforms, energy efficiency, transition countries, institutions Read the NTS for EPRG1322

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The siting of UK nuclear power installations

MC Grimston, WJ Nuttall Nuclear power, safety, planning, environmental protection Read the NTS for EPRG1321

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Finding the optimal approach for allocating and realising distribution system capacity: deciding between interruptible connections and firm DG connections

Now published in: Applied Energy, 144
Karim L Anaya, Michael G Pollitt Cost benefit analysis, distributed generation, interruptible connections (non-firm) Read the NTS for EPRG1320

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The Russian electricity supply industry: from reform to reform?

Robert A Ritz Russian electricity industry, RAO EES, reform 2003-11, restructuring, market liberalisation, capacity markets Read the NTS for EPRG1319

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Price discrimination and limits to arbitrage in global LNG markets

Elcin Akcura International trade, limits to arbitrage, LNG pricing, market power, natural gas, price discrimination Read the NTS for EPRG1317

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Mandatory vs voluntary payment for green electricity

Christian Winzer Contingent valuation method, payment method, renewable energy, green tariffs, willingness to pay, zero inflated ordered probit model Read the NTS for EPRG1316

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Robustness of various capacity mechanisms to regulatory errors

Steven J Steer Electricity market investment, capacity mechanism, strategic reserve, reliability contract, capacity payment, regulatory inefficiency Read the NTS for EPRG1315

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Local energy policy and managing low carbon transition: the case of Leicester

Mark Lemon, Michael G Pollitt, Steven J Steer Local energy policy, Leicester, energy transition, CHP, intelligent metering Read the NTS for EPRG1314

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Determinants of investment under incentive regulation: the case of Norwegian electricity distribution networks

Rahmatallah Poudineh, Tooraj Jamasb Distribution network, investment, regulation, Bayesian model averaging Read the NTS for EPRG1312

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A system dynamics study of uranium and the nuclear fuel cycle

Matthew Rooney, William J Nuttall, Nikolas Kazantzis System dynamics, uranium mining, nuclear fuel cycle, uranium market dynamics, sensitivity analysis Read the NTS for EPRG1311

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Efficiency and environmental factors in the US electricity transmission industry

Manuel Llorca, Luis Orea, Michael Pollitt Electricity transmission, heteroscedastic stochastic cost frontiers, inefficiency determinants Read the NTS for EPRG1310

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Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience

Now published in: Energy Policy, 71
Karim L Anaya, Michael Pollitt Distributed generation, wind generation, non-firm, smart solutions Read the NTS for EPRG1309

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EU gas supply security: unfinished business

Tooraj Jamasb Natural gas, European Union, public policy, security of supply Read the NTS for EPRG1308

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Investment and efficiency under incentive regulation: the case of the Norwegian electricity distribution networks

Rahmatallah Poudineh, Tooraj Jamasb Investments, cost efficiency, incentive regulation, distribution network Read the NTS for EPRG1306

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Fuel panics: insights from spatial agent-based simulation

Now published in: IEEE Transactions on Intelligent Transportation Systems, 99
Eben Upton, William J Nuttall Fuel panics, agent-based simulation, supply chain Read the NTS for EPRG1305

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Caught between theory and practice: government, market and regulatory failures in electricity sector reforms

Rabindra Nepal, Tooraj Jamasb Liberalisation, politics, market, reforms Read the NTS for EPRG1304

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Measuring energy security

Jim Krane Energy security, security of supply, reliability, Monte Carlo simulation, measurement Read the NTS for EPRG1303

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Stability versus sustainability: energy policy in the gulf monarchies

Raphael J Heffron Subsidies, energy policy, natural gas, electricity tariffs, Persian Gulf, GCC, OPEC, Rentier state, monarchy, energy consumption, political economy Read the NTS for EPRG1302

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Nuclear energy policy in the United States 1990-2010: a federal or state responsibility?

D Reiner Nuclear energy, policy inaction, project management, public administration Read the NTS for EPRG1301

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The current state of CCS: Ongoing research at the University of Cambridge with application to the UK policy framework

KA Daniels, HE Huppert, JA Neufeld, D Reiner Climate change, atmospheric greenhouse gas emissions, carbon capture and storage (CCS), the CCS roadmap, electricity market reform, carbon capture technologies, carbon sequestration, storage reservoir processes Read the NTS for EPRG1228

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Energy-efficiency and environmental policies and income supplements in the UK: Their evolution and distributional impact in relation to domestic energy bills

Mallika Chawla, Michael G Pollitt Energy-efficiency and environmental policy, income supplements, distributional impact, policy costs, targeting Read the NTS for EPRG1227

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International benchmarking of electricity transmission by regulators: theory and practice

Aoife Brophy Haney, Michael G Pollitt Electricity transmission, benchmarking, regulation Read the NTS for EPRG1226

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The effect of LNG on the relationship between UK and Continental European natural gas markets

Bert Willems LNG, natural gas, oil-indexation, cointegration, structural breaks, unobserved components model Read the NTS for EPRG1225

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Relaxing competition through speculation: committing to a negative supply slope

Pär Holmberg, Bert Willems Supply function equilibrium, option contracts, strategic commitment, speculation Read the NTS for EPRG1224

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Security of the European electricity systems: conceptualizing the assessment criteria and core indicators

Tooraj Jamasb, Rabindra Nepal Networks, risks, energy security, regulation Read the NTS for EPRG1223

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The large scale roll-out of electric vehicles: the effect on the electricity sector and CO2 emissions

Alireza Talaei, Katherine Begg, Tooraj Jamasb Electric vehicles, CO2 emissions, electricity demand management Read the NTS for EPRG1222

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Designing electricity transmission auctions: an introduction to the relevant literature

Thomas Greve, Michael G Pollitt Energy transmission, auction design, combinatorial auctions, package bidding Read the NTS for EPRG1221

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Household energy spending and income in Britain 1991-2007

Helena Meier, Tooraj Jamasb, Luis Orea Household energy spending, Engel, price modelling Read the NTS for EPRG1220

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Building performance evaluation and certification in the UK: a critical review of SAP?

Scott Kelly, Michael Pollitt, Doug Crawford-Brown UK, dwellings, building stock, buildings, SAP, EPC Read the NTS for EPRG1219

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Sustainability indicators for open-cycle Thorium-fuelled nuclear energy

Appendix
SF Ashley, RA Fenner, WJ Nuttall, GT Parks Nuclear, thorium, sustainable development, indicators Read the NTS for EPRG1217

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A cross-country analysis of electricity market reforms: potential contribution of new institutional economics

Guy Meunier Electricity market reform, new institutional economics, Poisson regression Read the NTS for EPRG1216

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Option values of low carbon technology policies: how to combine irreversibility effects and learning-by-doing in decisions

Dominique Finon, Guy Meunier Investment, option value, learning-by-doing Read the NTS for EPRG1215

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The impact of transmission pricing in network industries

Dominik Ruderer, Gregor Zöttl Transmission investment, generation investment, market design, locational marginal pricing, redispatch, fluctuating demand, scarcity rents Read the NTS for EPRG1214

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The robustness of agent-based models of electricity wholesale markets

Erkan Erdogdu Agent-based modelling, electricity markets, mark-up equilibria, stability, oligopoly, learning Read the NTS for EPRG1213

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The political economy of electricity market liberalization: a cross-country approach

Yi Hua Ma Electric utilities, industrial policy, political economy Read the NTS for EPRG1212

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Economic rationale for safety investment in integrated gasification combined-cycle gas turbine membrane reactor modules

Reyyan Koc, Nikolaos K Kazantzis, William J Nuttall, Yi Hua Ma Membrane reactors, IGCC, hydrogen production, process intensification, process safety, process economic analysis, net present value, uncertainty, Monte Carlo simulation Read the NTS for EPRG1211

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Estimating market power in homogeneous product markets using a composed error model: application to the California electricity market

Luis Orea, Jevgenijs Steinbuks Market power, random conduct parameter, composed error model, asymmetric distributions, California electricity market Read the NTS for EPRG1210

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Congestion management in electricity networks: nodal, zonal and discriminatory pricing

Pär Holmberg, Ewa Lazarczyk Congestion management, wholesale electricity market, transmission network, nodal pricing, zonal pricing, countertrading, discriminatory pricing, large game Read the NTS for EPRG1209

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The role of policy in energy transitions: lessons from the energy liberalisation era

Philipp-Bastian Brutscher Energy liberalisation, energy privatisation, energy transition Read the NTS for EPRG1208

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Self-disconnection among pre-payment customers: a behavioural analysis

Stephen Littlechild Pre-payment, self-disconnection – commitment device, self-control, fuel poverty Read the NTS for EPRG1207

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The Hunter Valley access undertaking: elements of a negotiated settlement

Stephen Bordignon, Stephen Littlechild Regulation, negotiated settlement Read the NTS for EPRG1206

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Third party nuclear liability: the case of a supplier in the United Kingdom

Anthony Thomas, Raphael J Heffron Nuclear liability, nuclear energy, third party, supplier, nuclear accident, nuclear damage Read the NTS for EPRG1205

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Nuclear new build in the United States 1990-2010: a three state analysis

Philipp-Bastian Brutscher Nuclear energy policy, nuclear new build, lessons learned, Georgia, Pennsylvania, Texas Read the NTS for EPRG1204

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Making sense of oil stamp saving schemes

Janusz Bialek Oil stamps, commitment device, other control Read the NTS for EPRG1202

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Dynamic long-term modelling of generation capacity investment and capacity margins: a GB market case study

Dan Eager, Benjamin Hobbs, Janusz Bialek Power generation economics, mix of normals distribution, thermal power generation, wind power generation Read the NTS for EPRG1201

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Technology and policy issues relating to future developments in research and radioisotope production reactors

Now published in: Progress in Nuclear Energy, 77
William J Nuttall, Peter Storey Research reactor, nuclear energy, medical isotopes, nonproliferation Read the NTS for EPRG1129

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Information effects in valuation of electricity and water service attributes using contingent valuation

David Newbery Contingent valuation method, willingness to pay, zero inflated ordered probit model Read the NTS for EPRG1127

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Reforming competitive electricity markets to meet environmental targets

Now published in: Economics of Energy and Environmental Policy, 1(1)
Michael G Pollitt Electricity market reform, environment, low-carbon generation Read the NTS for EPRG1126

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Lessons from the history of independent system operators in the energy sector, with applications to the water sector

Stephen J Steer Independent system operator, electricity transmission, gas transmission, water supply Read the NTS for EPRG1125

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Economies of scale and scope in network industries: lessons for the UK water and sewerage sectors

Michael G Pollitt, Stephen J Steer Economies of scale and scope, vertical separation, water and sewerage Read the NTS for EPRG1124

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Conceptualising energy security

Irina Shaorshadze Energy security, security of supply, measurement, definition, concept, literature review Read the NTS for EPRG1123

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2010 EPRG public opinion survey: policy preferences and energy saving measures

Laura Platchkov, Michael G Pollitt, David Reiner, Irina Shaorshadze Public opinion survey, electricity policy, smart meters, smart appliances, community energy, time-of-use tariffs, supplier switching, energy efficiency Read the NTS for EPRG1122

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Market integration, efficiency, and interconnectors: the Irish single electricity market

Rabindra Nepal, Tooraj Jamasb Interconnection, wholesale markets, market integration, competition Read the NTS for EPRG1121

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Contracting for wind generation

Now published in: Economics of Energy and Environmental Policy, 1(2)
Stephen Littlechild Wind power, long-term contracts, balancing costs Read the NTS for EPRG1120

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Regulation, customer protection and customer engagement

Simon Taylor Negotiated settlements, constructive engagement, regulation Read the NTS for EPRG1119

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Can new nuclear power plants be project financed?

Scott Kelly Nuclear power, project finance Read the NTS for EPRG1118

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Do homes that are more energy efficient consume less energy? A structural equation model for England’s residential sector

Michael G Pollitt Residential, energy, modelling, SAP, structural equation efficiency Read the NTS for EPRG1117

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The economics of energy (and electricity) demand

Laura M Platchkov, Michael G Pollitt Energy demand, electricity demand, macroeconomics of energy, energy services, energy prices, energy expenditures Read the NTS for EPRG1116

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Strategic Eurasian natural gas model for energy security and policy analysis

Chi-Kong Chyong, Benjamin F Hobbs Natural gas, computational market equilibrium, complementarity modelling, optimisation, Nord Stream, South Stream, Russia, transit, pipeline, Gazprom, energy security, Europe Read the NTS for EPRG1115

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Reforming small power systems under political volatility: the case of Nepal

Rabindra Nepal, Tooraj Jamasb Electricity reform, small systems, political instability, regulation Read the NTS for EPRG1114

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Integrating short-term demand response into long-term investment planning

Cedric De Jonghe, Benjamin F Hobbs, Ronnie Belmans Wind power generation, power generation planning, load management, energy efficiency Read the NTS for EPRG1113

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Investment equilibrium models under emission regulation and different energy price regimes

Giorgia Oggioni, Yves Smeers Average cost-based contracts, energy intensive industries, EU-ETS, investments Read the NTS for EPRG1112

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Dynamics of evolution in the global fuel-ethanol industry

Jin Hooi Chan, David Reiner Inter-firm governance, biofuels, entry, vertical integration Read the NTS for EPRG1111

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The psychological underpinnings of the consumer role in energy demand and carbon abatement

Siobhán McNamara, Michael Grubb Energy efficiency, carbon mitigation, carbon footprint, consumer agency Read the NTS for EPRG1110

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Reforming the power sector in transition: do institutions matter?

Rabindra Nepal, Tooraj Jamasb Power sector, institutions, reforms, transition economies Read the NTS for EPRG1109

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Payment matters? An exploratory study into pre-payment electricity metering

Philipp Koenig Pre-payment metering, top-up behaviour, demand management, pain of paying Read the NTS for EPRG1108

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Modelling correlation in carbon and energy markets

Philipp-Bastian Brutscher EU-ETS, natural gas, fuel-switching, dynamic conditional correlation Read the NTS for EPRG1107

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Liquidity constraints and high electricity use

Stephen Littlechild Liquidity constraints, minimum purchase requirement, electricity demand management, low-income households Read the NTS for EPRG1106

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The process of negotiating settlements at FERC

Cristiano Marantes Regulation, negotiated settlement Read the NTS for EPRG1105

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Tooraj Jamasb, Cristiano Marantes Electricity networks, regulation, investment Read the NTS for EPRG1104

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The local dimension of energy

Scott Kelly, Michael Pollitt Local energy, decentralised energy, energy service company (ESCO), CHP, district heating Read the NTS for EPRG1103

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Planning electricity transmission to accommodate renewables: using two-stage programming to evaluate flexibility and the cost of disregarding uncertainty

Adriaan Hendrik van der Weijde, Benjamin F Hobbs Decision making, electricity, transmission, planning, uncertainty

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Energy spending and vulnerable households

Tooraj Jamasb, Helena Meier Fuel poverty, energy equity, energy spending Read the NTS for EPRG1101

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France’s new Electricity Act: a barrier against the market and the European Union

Dominique Finon Electricity, nuclear power, energy regulation, ex ante assessment Read the NTS for EPRG1036

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The efficiency of policy instruments for the deployment of CCS as a large-sized technology

Michael G Pollitt Low carbon innovation, market failure, subsidy, policy instrument Read the NTS for EPRG1035

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Demand-side management strategies and the residential sector: lessons from international experience

Aoife Brophy Haney, Tooraj Jamasb, Laura M Platchkov, Michael G Pollitt Electricity, heat, energy policies, demand-side management, energy efficiency, residential sector, portfolio approach Read the NTS for EPRG1034

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Properties of electricity prices and the drivers of interconnector revenue

Michael Grubb Merchant interconnectors, electricity prices, price volatility, simulation, bootstrapping Read the NTS for EPRG1033

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Low carbon electricity investment: the limitations of traditional approaches and a radical alternative

Tim Laing, Michael Grubb Electricity, renewables, climate change, green power Read the NTS for EPRG1032

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Cost curves for gas supply security: the case of Bulgaria

Florent Silve, Pierre Noël Natural gas, security of supply, energy policy, Bulgaria, EU

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New models of public ownership in energy

Aoife Brophy Haney, Michael G Pollitt Public ownership, electricity, gas Read the NTS for EPRG1030

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The effect of CO2 pricing on conventional and non-conventional oil supply and demand

Aurélie Méjean, Chris Hope Oil supply and demand, conventional and non-conventional oil, CO2 pricing, social cost of CO2 Read the NTS for EPRG1029

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Health satisfaction and energy spending

Michael G Pollitt Health satisfaction, energy spending Read the NTS for EPRG1028

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Estimating marginal cost of quality improvements: the case of the UK electricity distribution companies

Tooraj Jamasb, Luis Orea, Michael G Pollitt Electricity distribution cost, marginal cost, quality service, social welfare Read the NTS for EPRG1027

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The economics of the Nord Stream pipeline system

Chi Kong Chyong, Pierre No?l, David M Reiner Nord Stream, Russia, Europe, Ukraine, natural gas, pipeline, Gazprom Read the NTS for EPRG1026

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Efficiency effects of quality of service and environmental factors: experience from Norwegian electricity distribution

Now published in: Energy Economics, 34(2)
Christian Growitsch, Tooraj Jamasb, Heike Wetzel Efficiency, quality of service, input distance function, stochastic frontier analysis Read the NTS for EPRG1025

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Oil shortages, climate change and collective action

Appendix
Now published in: Philosophical Transactions of Royal Society Publishing A, 369(1942)
Benjamin F Hobbs Exhaustible resources, climate change, carbon prices, prisoners’ dilemma, international agreement, green paradox Read the NTS for EPRG1023

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Locational-based coupling of electricity markets: benefits from coordinating unit commitment and balancing markets

Now published in: Journal of Regulatory Economics, 39(3)
Adriaan Hendrik van der Weijde, Benjamin F Hobbs Electricity prices, international electricity exchange, electricity market model, electricity transmission Read the NTS for EPRG1022

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Ownership and competition: finding performance breaks for Great Britain’s power plants

This WP was revised in October 2016 and now published under the new title replacing the old one: “Is privatization enough? Finding performance breaks for UK power plants”
Thomas P Triebs, Michael G Pollitt Privatisation, competition, productivity, structural breaks Read the NTS for EPRG1021

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Weather factors and performance of network utilities: a methodology and application to electricity distribution

Tooraj Jamasb, Luis Orea, Michael G Pollitt Electricity distribution cost, separability, weather composites, instrumental variable estimator Read the NTS for EPRG1020

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Stochastic equilibrium models for generation capacity expansion

Andreas Ehrenmann, Yves Smeers Capacity adequacy, risk functions, stochastic equilibrium models, stochastic discount factors Read the NTS for EPRG1019

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Minimizing the cost of innovative nuclear technology through flexibility: the case of a demonstration accelerator-driven subcritical reactor park

Cost model
Michel-Alexandre Cardin, Steven J Steer, William J Nuttall, Geoffrey T Parks, Leonardo VN Gonçalves Accelerator-driven subcritical reactor, real options, flexibility in design, electricity production, economics Read the NTS for EPRG1018

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The Creation of a market for retail electricity supply

Now published in: RSCAS Working Papers 2010/57 (European University Institute)
Siegfried Schaible Retail competition, electricity regulation Read the NTS for EPRG1017

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Generalized Nash Equilibrium and market coupling in the European power system

Yves Smeers, Giorgia Oggioni, Elisabetta Allevi, Siegfried Schaible Generalised Nash equilibrium, quasi-variational inequalities, market coupling, counter-trading, European electricity market Read the NTS for EPRG1016

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Interfuel substitution and energy use in the UK manufacturing sector

Catherine S Norman Climate change levy, elasticities, energy use, interfuel substitution, manufacturing sector, United Kingdom Read the NTS for EPRG1015

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Risk aversion and CO2 regulatory uncertainty in power generation investment: policy and modeling implications

Lin Fan, Benjamin F Hobbs, Catherine S Norman Electric power, risk aversion, emissions markets, climate policy Read the NTS for EPRG1014

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Hedging against technology risks of the accelerator system of a first-of-a-kind accelerator-driven subcritical reactor

Steven J Steer, Michel-Alexandre Cardin, William J Nuttall, Geoffrey T Parks, Leonardo VN Gonçalves Nuclear power, particle accelerator, reliability, economic value Read the NTS for EPRG1013

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Exploring the determinants of “best practice” in network regulation: the case of the electricity industry

Now published in: Energy Policy, 39(12)
Aoife Brophy Haney, Michael G Pollitt Network regulation, electricity, efficiency analysis, institutions Read the NTS for EPRG1012

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A nuclear future? UK government policy and the role of the market

Now published in: Economic Affairs, 30(2)
Frank A Wolak Nuclear power, intermittent renewables, wholesale electricity markets, market design, transmission access, balancing, carbon tax Read the NTS for EPRG1011

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Upstream vs. downstream CO2 trading: a comparison for the electricity context

Benjamin F Hobbs, James Bushnell, Frank A Wolak Emissions trading, greenhouse gas regulation, electricity market models Read the NTS for EPRG1010

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The restructuring and privatisation of the Peruvian electricity distribution market

Pierre Noël Cost benefit analysis, restructuring and privatisation, electricity market, Peru Read the NTS for EPRG1009

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Gas supply security in the Baltic States: a qualitative assessment

Now published in: International Journal of Energy Sector Management, 4(2)
Sachi Findlater, Pierre Noël Natural gas, security of supply, Baltic states Read the NTS for EPRG1008

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The supply function equilibrium and its policy implications for wholesale electricity auctions

Now published in: Utilities Policy, 18(4)
Pär Holmberg, David Newbery Wholesale electricity markets, supply function equilibria, auction design, competition policy, market regulation Read the NTS for EPRG1007

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Operational and investment response to energy prices in the OECD manufacturing sector

Jevgenijs Steinbuks, Karsten Neuhoff Energy efficiency, energy prices, investment, vintage capital model Read the NTS for EPRG1006

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Supplying synthetic crude oil from Canadian oil sands: a comparative study of the costs and CO2 emissions of mining and in-situ recovery

Aurélie Méjean, Chris Hope Non-conventional oil, uncertainty, social cost of carbon Read the NTS for EPRG1005

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The impact of instrument choice on investment in abatement technologies: a case study of tax versus trade incentives for CCS and biomass for electricity

Tim Laing, Michael Grubb Carbon markets, investment, cap-and-trade, CCS, biomass Read the NTS for EPRG1004

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Household energy expenditure and income groups: evidence from Great Britain

Tooraj Jamasb, Helena Meier Electricity, gas, household energy, income groups Read the NTS for EPRG1003

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UK renewable energy policy since privatisation

Now published in: Harnessing Renewable Energy in Electric Power Systems: Theory, Practice, Policy (ISBN: 1933115904)
Tooraj Jamasb Renewable electricity, feed-in-tariff, renewable obligation Read the NTS for EPRG1002

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The economic effects of electricity deregulation: an empirical analysis of Indian states

Anupama Sen, Tooraj Jamasb Electricity, India, reform, deregulation, regional impacts Read the NTS for EPRG1001

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ISDA policy summary report

Karsten Neuhoff, Morgan Bazilian, Jean Charles Hourcade, Adam Rysanek, Simone Cooper Low-carbon development, mitigation, low-carbon technology

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Structuring international financial support for climate change mitigation in developing countries

Now published in: DIW Discussion Paper Series 976
Karsten Neuhoff, Sam Fankhauser, Emmanuel Guerin, Jean Charles Hourcade, Helen Jackson Financial mechanism, risk guarantee, development, climate policy

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Indicator choices and tradeoffs: facilitating the success of international climate policies and projects

Karsten Neuhoff, Simone Cooper, Tim Laing, Sarah Lester, Adam Rysanek Indicators, metrics, international development, monitoring

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Intellectual property: cross-licensing, patent pools and cooperative standards as a channel for climate change technology cooperation

Ilian Iliev, Karsten Neuhoff

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Comparing electricity distribution network costs and revenues in New South Wales and Great Britain

Now published in: Energy Policy, 38(10)
Bruce Mountain, Stephen Littlechild Read the NTS for EPRG0930

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Electricity liberalisation in the European Union: a progress report

Now published in: Mercato Concorrenza Regole, 3/2009
Michael G Pollitt Single European electricity market, electricity directive Read the NTS for EPRG0929

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UK retailers and climate change: the role of partnership in climate strategies

Aoife Brophy Haney, Ian W Jones, Michael G Pollitt Corporate responsibility, carbon reduction commitment, energy efficiency, social capital Read the NTS for EPRG0928

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Predicting the cost of unplanned shutdowns of power stations: an accelerator-driven subcritical reactor case study

Now published in: Electric Power Systems Research, 81(8)
Steven J Steer, William J Nuttall, Geoffrey T Parks, Leonardo VN Gonçalves Unplanned shutdown, cost, intermittent, accelerator-driven subcritical reactor Read the NTS for EPRG0927

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Can merchant interconnectors deliver lower and more stable prices? The case of NorNed

Michael Pollitt Merchant interconnectors, electricity prices, price volatility, time series, EGARCH Read the NTS for EPRG0926

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Making Combined Heat and Power District Heating (CHP-DH) networks in the United Kingdom economically viable: a comparative approach

Scott Kelly, Michael Pollitt Read the NTS for EPRG0925

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Modelling the costs of energy crops: a case study of U.S. corn and Brazilian sugar cane

Now published in: Energy Policy, 38(1)
Aurélie Méjean, Chris Hope Read the NTS for EPRG0924

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Agent-based simulation of technology adoption: possible phenomenologies associated with consumer shifts to local electricity generation

D J Hamilton, W J Nuttall, F A Roques Agent-based simulation, technology diffusion, fashion, Read the NTS for EPRG0923

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The effect of energy prices on operation and investment in OECD countries: evidence from the Vintage Capital Model

Jevgenijs Steinbuks, Andreia Meshreky, Karsten Neuhoff Energy efficiency, energy prices, investment, vintage capital model Read the NTS for EPRG0922

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Slaves to oil: exploring parallels between the abolition of slavery and the challenge of climate change mitigation

Now published in: Energy and Innovation: Structural Change (ISBN: 1557535787)
Matthias Wissner Climate change, slavery, political rhetoric Read the NTS for EPRG0921

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Quality of supply in energy regulation measurement, assessment and experience from Norway

Christian Growitsch, Tooraj Jamasb, Christine Mueller, Matthias Wissner Electricity, quality of service, willingness-to-pay, data envelopment analysis Read the NTS for EPRG0920

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Longterm energy supply contracts in European competition policy: fuzzy not crazy

Adrien de Hauteclocque, Jean-Michel Glachant Long-term contract, competition policy, European Union Read the NTS for EPRG0919

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Public and social acceptability of geological disposal of carbon dioxide and radioactive waste: similarities and differences

David M Reiner, William J Nuttall Public attitudes, geological disposal, CCS, CO2 storage – nuclear waste, nimby, energy policy Read the NTS for EPRG0918

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Carbon markets and technological innovation

Now published in: Journal of Environmental Economics and Management, 60(2)
Thomas A Weber, Karsten Neuhoff Carbon emissions, carbon taxes, cap-and-trade, environmental regulation, induced technological innovation, price caps, price floors, prices vs Quantities Read the NTS for EPRG0917

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A market between us: reducing the political cost of Europe’s dependence on Russian gas

Michael G Pollitt European Union, natural gas, Russia, foreign policy, market integration Read the NTS for EPRG0916

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Efficiency analysis of energy networks: an international survey of regulators

Now published in: Energy Policy, 37(12)
Aoife Brophy Haney, Michael G Pollitt Electricity, gas, benchmarking, efficiency analysis, incentive regulation, energy networks Read the NTS for EPRG0915

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Does electricity (and heat) network regulation have anything to learn from Fixed Line Telecoms Regulation?

Now published in: Energy Policy, 38(3)
William J Nuttall Electricity, network regulation, distributed generation Read the NTS for EPRG0914

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Dynamics of the UK natural gas industry: system dynamics modelling and long-term energy policy analysis

Now published in: Technological Forecasting and Social Change, 76(3)
Kong Chyong Chi, David M Reiner, William J Nuttall System dynamics, simulation modelling, natural gas, energy policy, long-term policy analysis, Read the NTS for EPRG0913

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Another man’s poison: risk management and nuclear power generation

Now published in: Politics and Policy, 39(3)
Marcelo Saguan Nuclear power, risk perception, decision-making, deliberative Read the NTS for EPRG0912

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Optimal wind power deployment in Europe: a portfolio approach

Fabien Roques, Céline Hiroux, Marcelo Saguan Wind power variability, geographic diversification, portfolio theory Read the NTS for EPRG0911

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Human resource constraints for electricity regulation in developing countries: has anything changed?

Michael G Pollitt, Jon Stern Electricity regulation, human resource constraints, developing countries Read the NTS for EPRG0910

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Understanding the role of policy targets in national and international governance

Now published in: Climate Policy, 9(5)
Sarah Lester, Karsten Neuhoff Targets, policy implementation, outcome-based indicators, performance measurement Read the NTS for EPRG0909

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Implementing the EU Renewables Directive

Karsten Neuhoff Renewables directive, intermediate indicators, targets Read the NTS for EPRG0908

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International support for domestic climate policies

Now published in: Climate Policy, 9(5)
Magnus Söderberg Policy instrument, international cooperation, intermediate indicators, climate policy Read the NTS for EPRG0907

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Yardstick and ex-post utility regulation by Norm Model: empirical equivalence, pricing effect, and performance in Sweden

Tooraj Jamasb, Magnus Söderberg Regulation, incentive, electricity, Sweden Read the NTS for EPRG0906

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The welfare implications of oil privatisation: a cost-benefit analysis of Norway’s Statoil

Christian Wolf, Michael G Pollitt Privatisation, cost-benefit, welfare, oil and gas, Norway Read the NTS for EPRG0905

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Nuclear energy in the enlarged European Union

Now published in: Security of Energy Supply in Europe: Natural Gas, Nuclear and Hydrogen (ISBN: 1849800324)
Michael G Pollitt Nuclear energy, European enlargement, energy security Read the NTS for EPRG0904

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Smart metering and electricity demand: technology, economics and international experience

Aoife Brophy Haney, Tooraj Jamasb, Michael G Pollitt Electricity demand, smart meter, energy saving, demand-side participation Read the NTS for EPRG0903

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Does liberalisation cause more electricity blackouts? Evidence from a global study of newspaper reports

William Yu, Michael G Pollitt Power outage, electricity blackouts, liberalisation Read the NTS for EPRG0902

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Electricity sector liberalisation and innovation: an analysis of the UK patenting activities

Now published in: Research Policy, 40(2)
Tooraj Jamasb, Michael Pollitt Electricity, patent, innovation, technology, liberalisation Read the NTS for EPRG0901

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Supply function equilibria: Step functions and continuous representations

Now published in: Journal of Economic Theory, 148(4)
Pär Holmberg, David Newbery, Daniel Ralph Auctions, supply function equilibria, convergence of step-functions, electricity markets Read the NTS for EPRG0829

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Current legal and institutional frameworks for investing in lower carbon electricity in China

Xi Liang, David Reiner, Karsten Neuhoff Investment decisions, institutions, power sector, lower-carbon electricity, China Read the NTS for EPRG0828

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Does weather explain the cost and quality? An analysis of UK electricity distribution companies

Now published in: Energy Policy, 37(11)
William Yu, Tooraj Jamasb, Michael Pollitt Data envelopment analysis, electricity, weather, quality of service Read the NTS for EPRG0827

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Financing arrangements and industrial organisation for new nuclear build in electricity markets

Now published in: Competition and Regulation in Network Industries, 9(3)
Dominique Finon, Fabien Roques Electricity market, nuclear, financing Read the NTS for EPRG0826

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Lessons from conditionality provision for south-north cooperation on climate change

Now published in: Climate Policy, 9(5)
Maike Sippel, Karsten Neuhoff International cooperation, incentive schemes, mechanism design

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Analytic solutions for supply function equilibria: uniqueness and stability

Now published in: Journal of Economic Theory, 148(4)
Jevgenijs Steinbuks Supply function equilibria analytic solutions, electricity markets, stability, uniqueness Read the NTS for EPRG0824

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Financial constraints and firms’ investment: results of a natural experiment measuring firm response to power interruption

William J Nuttall Financing constraints, complementary capital, natural experiment, Sub-Saharan Africa Read the NTS for EPRG0823

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Evaluating government’s policies on promoting smart metering in retail electricity markets via agent based simulation

Now published in: Journal of Product Innovation Management, 28(2)
Tao Zhang, William J Nuttall Agent-based simulation, smart metering technology, the theory of planned behaviour, retail electricity market Read the NTS for EPRG0822

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Predicting market power in wholesale electricity markets

Now published in: RSCAS Working Papers 2009/03 (European University Institute)
Michael Pollitt Residual supply index, Cournot equilibrium, Lerner index, electricity markets, market power Read the NTS for EPRG0821

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Ownership unbundling in electricity distribution: empirical evidence from New Zealand

Now published in: Review of Industrial Organization, 38(1)
Paul Nillesen, Michael Pollitt Electricity distribution, ownership unbundling, New Zealand Read the NTS for EPRG0820

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Divestiture policy and operating efficiency in US electric power distribution

Now published in: Journal of Regulatory Economics, 38(1)
John Kwoka, Sanem Ozturk, Michael Pollitt Divestiture, electricity distribution, efficiency analysis Read the NTS for EPRG0819

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Metapolicy options for energy in England

V Maugis, WJ Nuttall British government, energy policy, politics, democracy Read the NTS for EPRG0818

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Using regulatory benchmarking techniques to set company performance targets: the case of US electricity

Now published in: Competition and Regulation in Network Industries, 1
Paul Nillesen, Michael Pollitt Benchmarking, regulation, operating companies, electricity distribution Read the NTS for EPRG0817

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Ownership unbundling in electricity markets: a social cost benefit analysis of the German TSOs

David Newbery Unbundling, electricity, networks, regulation, competition

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Under-pricing electricity and the puzzle of regulatory accounting

S Taylor Electricity investment, pricing, accounting, cost of capital Read the NTS for EPRG0815

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Financing the nuclear renaissance

Now published in: European Review of Energy Markets, 3(2)
WJ Nuttall, S Taylor Finance, nuclear power, electricity generation, economic risk, energy policy Read the NTS for EPRG0814

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Does ownership matter? The performance and efficiency of state oil vs private oil (1987-2006)

Philippe Dessante Ownership, performance, efficiency, NOC, IOC, OPEC Read the NTS for EPRG0813

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The diversity of design of TSOs

Jean-Michel Glachant, Yannick Perez, Philippe Dessante Design of TSOs, management of power flows, governance structure of transmission

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The future of electricity (and gas) regulation

Now published in: The Energy Journal, 29(S2)
Fabien A Roques Independent regulation, electricity, gas Read the NTS for EPRG0811

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Market design for generation adequacy: healing causes rather than symptoms

Karsten Neuhoff Electricity market, generation adequacy, market design, capacity mechanism Read the NTS for EPRG0810

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Learning by doing with constrained growth rates and application to energy technology policy

Simon Taylor Learning-by-doing, growth rate, technology policy, welfare analysis Read the NTS for EPRG0809

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Nuclear power and deregulated electricity markets: lessons from British energy

John Stewart Ash Electricity markets, nuclear power, risk management, corporate strategy, financial strategy, privatisation Read the NTS for EPRG0808

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Energy supply, risk and justice: regulatory strategies for an era of limited trust

Now published in: Politics and Policy, 38(2)
Thomas Triebs Energy, justice, regulation, risk, trust Read the NTS for EPRG0807

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Productivity and efficiency of US gas transmission companies: a European regulatory perspective

Now published in: Energy Policy, 36(9)
Tooraj Jamasb, Michael Pollitt, Thomas Triebs Natural gas transmission, utility regulation, data envelopment analysis, total factor productivity, convergence Read the NTS for EPRG0806

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Privatising national oil companies: assessing the impact on firm performance

Christian Wolf, Michael G Pollitt Privatisation, ownership, corporate performance, anticipation, oil and gas industry Read the NTS for EPRG0805

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Modelling the costs of non-conventional oil: a case study of Canadian bitumen

Now published in: Energy Policy, 36(11)
Aurélie Méjean, Chris Hope Climate change, non-conventional oil, exhaustible resources, technological change, uncertainty Read the NTS for EPRG0804

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Electrifying integration: electricity production and the South-East regional energy market

Now published in: Utilities Policy, 17(1)
Elizabeth Hooper, Andrei Medvedev Electricity, generation, ECSEE Read the NTS for EPRG0803

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Hot issue and burning options in waste management: a social cost benefit analysis of waste-to-energy in the UK

Now published in: Resources Conservation and Recycling, 54(12)
Tooraj Jamasb, H Kiamil, R Nepal Electricity, renewable energy, waste to energy (WTE), waste management, municipal solid waste (MSW) Read the NTS for EPRG0802

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A looming rhetorical gap: a survey of public communications activities for carbon dioxide capture and storage technologies

Devon L Manz Public communications, carbon dioxide capture and storage (CCSs), outreach, science and technology education, climate change

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A new energy security paradigm for the twenty-first century

Now published in: Technological Forecasting and Social Change, 75(8)
William J Nuttall, Devon L Manz Energy security, climate change, decarbonisation, energy alliance

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Rural electrification in India: economic and institutional aspects of renewables

James Cust, Anoop Singh, Karsten Neuhoff Rural electrification, distributed generation, renewable energy, India

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Transmission expansion in Argentina 5: the Regional Electricity Forum of Buenos Aires Province

Now published in: Energy Economics, 30(4)
Stephen C Littlechild, Eduardo A Ponzano Argentina, electricity, transmission, regulation

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Financing capture ready coal-fired power plants in China by issuing capture options

Now published in: Environment and Planning A, 42(6)
Xi Liang, Jia Li, Jon Gibbons, David Reiner Capture option, capture ready, carbon capture and storage, climate change, coal-fired electricity, China

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An agent based simulation of smart metering technology adoption

Tao Zhang, William J Nuttall Agent-based simulation, smart metering technology, the theory of planned behaviour, technology diffusion

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Technology choices for new entrants in liberalised markets: the value of operating flexibility and contractual arrangements

Michael Pollitt Fuel and electricity price risks, Monte Carlo simulation, operating flexibility

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Evaluating the evidence on electricity reform: lessons for the South East Europe (SEE) market

Now published in: Utilities Policy, 17(1)
Michael Pollitt Electricity reform, South East Europe, European single electricity market

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Liberalisation and regulation in electricity systems: how can we get the balance right?

Now published in: Competitive Electricity Markets: Design, Implementation, Performance (ISBN: 0080471722)
Jonathan Kohler Electricity liberalisation, electricity regulation

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Learning curves for energy technology and policy analysis: a critical assessment

Tooraj Jamasb, Jonathan Kohler Energy technology, electricity, technical change, learning curves

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Pricing carbon for electricity generation: national and international dimensions

Now published in: Delivering a Low Carbon Electricity System: Technologies, Economics and Policy (ISBN: 0521888840)
Michael Grubb, David Newbery Carbon price, electricity, taxes vs quotas, emissions trading

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Electricity network investment and regulation for a low carbon future

Now published in: Delivering a Low Carbon Electricity System: Technologies, Economics and Policy (ISBN: 0521888840)
Michael Pollit, Janusz Bialek Electricity networks, incentive regulation

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Calculating the social cost of carbon

Now published in: Delivering a Low Carbon Electricity System: Technologies, Economics and Policy (ISBN: 0521888840)
Chris Hope, David Newbery Climate change, social impacts, carbon price, rate of pure time preference

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Long-Run equilibrium modelling of alternative emissions allowance allocation systems in electric power markets

Jinye Z Schulkin, Benjamin F Hobbs, Jong-Shi Pang Emissions trading, allowance allocations, electricity, air pollution, auction, grandfathering, cost-effectiveness, greenhouse gases, climate change, global warming, carbon dioxide, generation investment

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Reference models and incentive regulation of electricity distribution networks: an evaluation of Sweden’s Network Performance Assessment Model (NPAM)

Now published in: Energy Policy, 36(5)
Tooraj Jamasb, Michael Pollitt Electricity, regulation, benchmarking

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Distinguishing weak and strong disposability among undesirable outputs in DEA: the example of the environmental efficiency of Chinese coal-fired power plants

Now published in: Energy Policy, 38(8)
Hongliang Yang, Michael Pollitt Economics – input-output analysis, environment, government – energy policies, industries – electric, statistics – nonparametric

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Incorporating undesirable outputs into Malmquist TFP Index: environmental performance growth of Chinese coal-fired power plants

Now published in: Applied Economics Letters, 19(3)
Stephen Littlechild Malmquist indices, total factor productivity, Chinese electricity, power plant efficiency

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Municipal aggregation and retail competition in the Ohio energy sector

Now published in: Journal of Regulatory Economics, 34(2)
Michael Pollitt Municipal aggregation, retail competition, electricity, gas, Ohio, regulation

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The arguments for and against ownership unbundling of energy transmission networks

Now published in: Energy Policy, 36(2)
Michael Pollitt Electricity reform, gas reform, ownership unbundling, transmission

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Incorporating the price of quality in efficiency analysis: the case of electricity distribution regulation in the UK

Now published in: The Energy Journal, 30(4)
William Yu, Tooraj Jamasb, Michael Pollitt Efficiency, data envelopment analysis, electricity, quality of service, willingness-to-pay

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Incorporating both undesirable outputs and uncontrollable variables into DEA: the performance of Chinese coal-fired power plants

Now published in: European Journal of Operational Research, 197(3)
Hongliang Yang, Michael Pollitt Data envelopment analysis, performance measurement, technical efficiency, electricity

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An institutional frame to compare alternative market designs in EU electricity balancing

Jean Michel Glachant, Marcello Saguan Electricity forward market, balancing mechanism, risk aversion, penalty, institutional frame, market design

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Can nuclear power be flexible?

Now published in: Nuclear Future, 5(6)
William J Nuttall

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A comparison of international regulatory organizations and licensing procedures for new nuclear power plants

Now published in: Energy Policy, 36(4); Revue Générale Nucléaire, 2007(5)
Alexandre Bredimas, William J Nuttall

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Industry restructuring, mergers and efficiency: evidence from electric power

Now published in: International Journal of Industrial Organisation, 28(6)
John Kwoka, Michael Pollitt Mergers, efficiency analysis, electricity distribution, data envelopment analysis

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Take-or-pay contracts for renewables deployment

Now published in: Energy Policy, 36(7)
Angus Johnston, Amalia Kavali, Karsten Neuhoff Renewable support policy, property rights, transition, regulatory risk

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2006 EPRG public opinion survey on energy security: policy preferences and personal behaviour

Stephen Littlechild

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The bird in hand: stipulated settlements and electricity regulation in Florida

Now published in: Utilities Policy, 17(3-4)
Anna Korppoo Stipulations, settlements, consumer advocate, regulation

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Differentiation and dynamics of competitiveness impacts from the EU ETS

Misato Sato, Michael Grubb, Jim Cust, Katie Chan, Anna Korppoo Emissions trading, industrial competitiveness, spillovers, allowance allocation, perverse incentives

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Forecasting technology costs via the learning curve: myth or magic?

Kim Keats Forecasting, learning curves, renewable energy

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Implications of intermittency and transmission constraints for renewables deployment

Karsten Neuhoff, Jim Cust, Kim Keats Investment planning model, wind power, constraint land, network constraints

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Incentive regulation of electricity distribution networks: lessons of experience from Britain

Now published in: Energy Policy 35(12)
Tooraj Jamasb, Michael Pollitt Electricity, liberalisation, regulation, benchmarking

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Implications of announced Phase 2 National Allocation Plans for the EU ETS

Now published in: Climate Policy, 6(4)
Karsten Neuhoff, Markus Åhman, Regina Betz, Johanna Cludius, Federico Ferrario Emission trading, national allocation plans, comparison, European member states

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Emission projections 2008-2012 versus NAPs II

Now published in: Climate Policy, 6(4)
Karsten Neuhoff, Federico Ferrario, Michael Grubb, Etienne Gabel, Kim Keats Emission trading, allocation plan, Europe, projections

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Choosing to save

Maria Heinrich, Karsten Neuhoff

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Negotiated settlements and the National Energy Board in Canada

David Newbery Negotiated settlements, regulation, innovation

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Electricity merger policy in the shadow of regulation

Now published in: Antitrust and Regulation in the EU and US: Legal and Economic Perspectives (ISBN: 1847207618)
Karsten Neuhoff Merger policy, electricity, gas, convergent mergers, vertical integration, emissions trading

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Where can international cooperation support domestic climate policy?

William J Nuttall Climate policy, international coordination, co2 internalisation

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Fuel mix diversification incentives in liberalised electricity markets: a mean-variance portfolio theory approach

Now published in: Energy Economics, 30(4)
Fabien A Roques, David M Newbery, William J Nuttall Fuel-mix, price risk, mean-variance portfolio theory

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Commitments through financial options: a way to facilitate compliance with climate change obligations

Now published in: Climate Policy, 6(1)
Roland Ismer, Karsten Neuhoff Investment, uncertainty, Monte Carlo simulation, operating flexibility

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Power reform, private investment and regional co-operation

Now published in: South Asia – Regional Integration and Growth (World Bank Report 37858-SAS)
David Bonilla

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Energy prices, production and the adoption of cogeneration in the UK and the Netherlands

Karsten Neuhoff Energy, manufacturing sector, econometric modelling, electricity prices, energy conservation, technology diffusion

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Allocation and competitiveness in the EU Emissions Trading Scheme: policy overview

Now published in: Climate Policy, 6(1)
Michael Grubb, Karsten Neuhoff Emissions trading, auctioning, competitiveness, investments, post-2012

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Auctioning of EU ETS Phase II allowances: how and why?

Now published in: Climate Policy, 6(1)
Cameron Hepburn, Michael Grubb, Karsten Neuhoff, Felix Matthes, Maximilien Tse European emission trading, auctions, price floor

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Free allocation of allowances under the EU Emissions Trading System: legal issues

Now published in: Climate Policy, 6(1)
David M Newbery Emissions trading, European Union, law, competition, state aid, EC law

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Using probabilistic analysis to value power generation investments under uncertainty

Fabien A Roques, William J Nuttall, David M Newbery Investment, uncertainty, Monte Carlo simulation, operating flexibility

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Allocation, incentives and distortions: The Impact of EU ETS Emissions Allowance Allocations to the electricity sector

Now published in: Climate Policy, 6(1)
Karsten Neuhoff, Kim Keats Martínez, Misato Sato Allowance allocation, emission trading, power sector, economic incentives

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CO2 cost pass through and windfall profits in the power sector

Now published in: Climate Policy, 6(1)
Jos Sijm, Karsten Neuhoff, Yihsu Chen Emissions trading, allocation, co2 cost pass through, windfall profits, power sector

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Price cap regulation and investment incentives under demand uncertainty

Fabien A Roques, Nicos S Savva Real options, stochastic games, price cap regulation, electricity markets

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Stipulations, the consumer advocate and utility regulation in Florida+

Now published in: Journal of Regulatory Economics, 35(1)
Chris Hope Stipulations, settlements, consumer advocate, regulation

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Policy implications of stochastic learning using a modified PAGE2002 model

Stephan Alberth, Chris Hope Endogenous technical change, optimal abatement, climate change

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Developing the PAGE2002 model with endogenous technical change

Stephan Alberth, Chris Hope Endogenous technical change, learning curves, climate change

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Nuclear renaissance requires nuclear enlightenment

Now published in: Nuclear or Not? Does Nuclear Power Have a Place in a Sustainable Energy Future? (ISBN: 9780230507647); European Review of Energy Markets, 3(2)
David Newbery Agent based simulation, distributed electricity generation, technology adoption, complexity science

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The relationship between regulation and competition policy for network utilities

Christian von Hirschhausen Regulation, competition policy, telecommunications, electricity, market power

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Long-term contracts and asset specificity revisited: an empirical analysis of producer-importer relations in the natural gas industry

Ann Neumann, Christian von Hirschhausen Asset specificity, econometric analysis, long-term contracts, natural gas

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Benchmarking electricity liberalisation in Europe

Richard Green, Arturo Lorenzoni, Yannick Perez, Michael Pollitt Electricity reform, market design, market power, regulation, EU enlargement, environmental sustainability

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Technical change theory and learning curves: patterns of progress in energy technologies

Now published in: The Energy Journal, 28(3)
David M Reiner Energy technology, electricity, technical change, learning curves

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From public understanding to public policy: public views on energy, technology and climate science in the United States

Now published in: Driving Climate Change: Cutting Carbon from Transportation (ISBN: 0123694957)
Rick Sellers Us Public opinion, social and political acceptability, politics of climate change, energy attitudes

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Mainstreaming new renewable energy technologies: enhancing market learning

Karsten Neuhoff, Rick Sellers Energy technology, research and development, deployment

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Electricity internal market in the European Union: what to do next?

Jean-Michel Glanchant, François Lévêque European policy, European electricity market, electricity market

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Negotiated settlements: the development of economic and legal thinking

Joseph Doucet, Stephen Littlechild Negotiated settlements, regulation, innovation

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Space and time: wind in an investment planning model

Karsten Neuhoff, Andreas Ehrenmann, Lucy Butler, Jim Cust, Harriet Hoexter Investment planning model, wind distribution, electricity transmission, renewables

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Using EPECs to model bilevel games in restructured electricity markets with locational prices

Xinmin Hu, Daniel Ralph, University of Cambridge Electricity market, bilevel game, MPEC, EPEC, Nash stationary point, equilibrium constraints, complementarity problem

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Learning curves and changing product attributes: the case of wind turbines

Louis Coulomb, Karsten Neuhoff Learning curve, turbine scale, wind turbines

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Overview of the Chinese electricity industry and its current issues

Stephen Littlechild Chinese electricity industry, reform, electricity policy

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Beyond regulation

Now published in: Beyond Regulation (IEA/LBS Beesley Lectures on Regulation series XV)
David Newbery Regulation, competition, electricity, transmission

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Market design

Karsten Neuhoff

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Modelling dynamic constraints in electricity markets and the costs of uncertain wind output

Felix Müsgens, Karsten Neuhoff Electricity markets, energy modelling, optimisation models,

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Electricity network scenarios for Great Britain in 2050

I Elders, S Galloway, G Ault, J McDonald, J Köhler Energy technology, electricity, sustainable development, environment

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New electricity technologies for a sustainable future

Now published in: Future Electricity Technologies and Systems (ISBN: 0521860490)
Tooraj Jamasb, William J Nuttall, Michael G Pollitt Energy technology, electricity, sustainable development, environment

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Incentive regulation in theory and practice: electricity distribution and transmission networks

David M Newbery Regulation, incentives, networks, electricity, transmission, distribution

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Climate change policy and its effect on market power in the gas market

Now published in: Journal of European Economic Association, 6(4)
Richard de Neufville Climate change, emissions trading, market power, gas, quotas vs taxes, Lerner index

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Nuclear power: a hedge against uncertain gas and carbon prices?

Now published in: Revue de L’Energie, 568; The Energy Journal, 27(4)
Fabien A Roques, William J Nuttall, David M Newbery, Richard de Neufville Nuclear economics, stochastic optimisation, fuel-mix, diversification

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Impact of the allowance allocation on prices and efficiency

Karsten Neuhoff, Michael Grubb, Kim Keats Emission trading, allowance allocation, investment decision, operation, inefficiencies

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Long-term framework for electricity distribution access charges

Tooraj Jamasb, Karsten Neuhoff, Michael Pollitt Electricity, network regulation, access charges, distributed generation

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Competition and contracts in the Nordic residential electricity markets

Now published in: Utilities Policy, 14(3)
Christian von Hirschhausen Retail competition, electricity, regulation, Nordic countries

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Long-term vs short-term contracts: a European perspective on natural Gas

Karsten Neuhoff, Christian von Hirschhausen Contracts, gas, market power, demand elasticity, liberalisation, Europe

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Quality of service, efficiency and scale in network industries: an analysis of European electricity distribution

Christian Growitsch, Tooraj Jamasb, Michael Pollitt Efficiency, quality of service, scale economies, input distance function, stochastic frontier analysis

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Should merchant transmission investment be subject to a mustoffer provision?

Now published in: Journal of Regulatory Economics, 30(3)
Gert Brunekreeft, David Newbery Investment, must-offer, capacity withholding, regulation, electricity

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Deregulation and R&D in network industries: the case of the electricity industry

Tooraj Jamasb, Michael Pollitt Innovation, R&D expenditure, electricity reform, regulation, ownership

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Market power and technological bias: the case of electricity generation

Paul Twomey, Karsten Neuhoff Market power, technology choice, electricity markets, intermittent output, forward and option contracting

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Does competition reduce costs? Assessing the impact of regulatory restructuring on U.S. electric generation efficiency

Karl Markiewicz, Nancy L Rose, Catherine Wolfram Efficiency, production, competition, electricity restructuring, electric generation, regulation

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Electricity market reform in the European Union: review of progress toward liberalization and integration

Tooraj Jamasb, Michael Pollitt Electricity, energy, liberalisation, regulation, integration, European Union

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Electricity generation with looped transmission networks: bidding to an ISO

Eric K Ralph, Xinmin Hu, Peter Bardsley, Peter Bardsley, Michael C Ferris

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Electricity liberalisation in Britain: the quest for a satisfactory wholesale market design

Richard Green Electricity, liberalisation, market design, market power,

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Electricity transmission pricing: how much does it cost to get it wrong?

Carlos J Skerk Electricity transmission pricing, welfare losses, market power

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Regulation of transmission expansion in Argentina: Part II – Developments since the Fourth Line

Stephen C Stephen C, Carlos J Skerk Argentina, electricity, transmission, regulation

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Regulation of transmission expansion in Argentina: Part I – State ownership, reform and the Fourth Line

Stephen C Littlechild, Carlos J Skerk Argentina, electricity, transmission, regulation

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Electricity transmission: an overview of the current debate

Gert Brunekreeft, Karsten Neuhoff, David Newbery Electricity, transmission, regulation, prices, merchant investment

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Generation adequacy and investment incentives in Britain: from the pool to NETA

Now published in: Review of Network Economics, 4(2)
Fabien Roques, David M Newbery, William J Nuttall Investment, electricity, market design, capacity payments

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Pollution markets with imperfectly observed emissions

Andrew Sweeting Asymmetric information, imperfect monitoring, pollution markets, permits

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Market power in the England and Wales wholesale electricity

Paul Joskow Static oligopoly models, market power, Nash equilibrium, tacit collusion, electricity

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Transmission policy in the United States

Jean Tirole Electricity, transmission, regulation, deregulation

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Competitive electricity markets

Paul Joskow, Jean Tirole Electricity, regulation, incentives

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Electricity reform in Argentina: lessons for developing countries

Michael G Pollitt Argentina, electricity, restructuring, regulation, privatisation

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Electricity reform in Chile: lessons for developing countries

Michael G Pollitt Chile, electricity, restructuring, regulation, privatisation

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The consequences for consumer welfare of the 2001-2003 electricity distribution price review in the Netherlands

Paul H L Nillesen, Michael G Pollitt Electricity, price review, RPI-X, Netherlands, distribution networks

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UK domestic energy contracts, the 28 day rule, and experience in Sweden

Jean Tirole Competition, electricity, regulation

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Retail electricity competition

Paul Joskow, Jean Tirole

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The sources of emission reductions

A Denny Ellerman, Florence Dubroeucq

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Insufficient incentives for investment

Karsten Neuhoff, Laurens De Vries Investment, electricity, consumer utility, long-term contracts

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Did English generators play Cournot? Capacity withholding in the electricity pool

Karsten Neuhoff Electricity prices, Cournot competition, capacity withholding

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Definition of a balancing point for electricity transmission contracts

Luis Olmos, Karsten Neuhoff Transmission contract design, congestion management, market power, European electricity network

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Comparing Brazil and USA electricity performance: what was the impact of privatisation?

Gert Brunekreeft Benchmarking, international comparison, technical efficiency

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Regulatory issues in merchant transmission investment

S Littlechild Electricity, investment, regulation, transmission, merchant

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Regulated and merchant interconnectors in Australia: SNI and Murraylink revisited

K Neuhoff Merchant investment, interconnectors, electricity, regulation, transmission

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Border tax adjustments: a feasible way to support stringent emission trading

R Ismer, K Neuhoff Border tax, emission trading, WTO law, international trade

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Benchmarking and incentive regulation of quality of service: an application to the UK electricity distribution utilities

D Giannakis, T Jamasb, M Pollitt Quality of service, benchmarking, incentive regulation, data envelopment analysis, electricity

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Recent blackouts in US and continental Europe: is liberalisation to blame?

Richard Green Electricity, USA, Sweden, Denmark

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Retail competition and electricity contracts

Karsten Neuhoff Electricity, contract markets, retail competition

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A comparison of electricity market designs in networks

Andreas Ehrenmann, Karsten Neuhoff

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Market-based investment in electricity transmission networks: controllable flow

Paul L Joskow Electricity, transmission, merchant, investment

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The difficult transition to competitive electricity markets in the US

M Soledad Arellano

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Diagnosing and mitigating market power in Chile’s electricity industry

Richard Green Electric utilities, market power, scheduling of hydro-reservoirs, contracts, Chile’s electricity industry

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Why did British electricity prices fall after 1998?

Joanne Evans, Richard Green

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Lessons from phase 2 compliance with the U.S. Acid Rain Program

A Denny Ellerman

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Merchant transmission investment

Natsuko Toba

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Welfare impacts of electricity generation sector reform in the Philippines

Y Smeers Electricity, cost-benefit analysis, institutional change

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Cross-Border trade: a two-stage equilibrium model of the Florence Regulatory Forum proposals

Dominique Finon

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Introducing competition in the French electricity supply industry: the destabilisation of a public hierarchy in an open institutional environment

Virginie Pignon Regulation, electricity

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Nordic electricity congestion’s arrangement as a model for Europe: physical constraints or operators’ opportunism?

Jean-Michel Glanchant, Virginie Pignon Externalities, information, measurement, incentives, opportunism

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Strategic behaviour under regulation benchmarking

Tooraj Jamasb, Paul Nillesen, Michael Pollitt Gaming, strategic behaviour, regulation, benchmarking, electricity

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Transmission pricing of distributed multilateral energy transactions to ensure system security and guide economic dispatch

Marija Ilic, Eric Hsieh, Prasad Remanan Electricity markets, transmission pricing, energy transactions, coordination, decentralization, transmission markets, transmission service providers, multilateral

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Integrating transmission and energy markets mitigates market power

Raffaella Lisbôa Mota

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The restructuring and privatisation of electricity distribution and supply business in Brazil: a social cost-benefit analysis

Tanga McDaniel

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Auctions and trading in energy markets: an economic analysis

David Newbery, Tanga McDaniel Auctions, electricity, gas, interconnectors, networks, regulation

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Technical efficiency in electricity generation: the impact of smallness and isolation of island economies

Juan-Pablo Montero Electricity, SFA, Malmquist DEA, small islands

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The temporal efficiency of SO2 emissions trading

A Denny Ellerman, Juan-Pablo Montero Emissions trading, banking, acid rain, tradable permits

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Regulatory challenges to European electricity liberalisation

Jon Stern Competition, regulation, electricity, contracts, market power

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Modelling the costs of electricity regulation: evidence of human resource constraints in developing countries

Preetum Domah, Michael Pollitt, Jon Stern Electricity regulation, international comparisons, human resources

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Regulatory threat in vertically related markets: the case of German electricity

Stephen C Littlechild Regulation, discrimination, network industries, electricity

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Competition in retail electricity supply

Tooraj Jamasb Competition, electricity, regulation, Austrian economics

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Reform and regulation of the electricity sectors in developing countries

David Newbery Electricity, reform, regulation

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Allocating transmission to mitigate market power in electricity networks

Richard Gilbert, Karsten Neuhoff, David Newbery Electricity, contracts, auction, network, transmission

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Auctions to gas transmission access: the British experience

Tanga McDaniel, Karsten Neuhoff Gas, network, access, auction, regulation

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Optimal congestion treatment for bilateral electricity trading

Karsten Neuhoff Electricity networks, constraint management, market design, bilateral trading

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Use of long-term auctions for network investment

Tanga McDaniel, Karsten Neuhoff Auctions, gas, investment, networks, regulation

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The performance of UK and Japanese electricity distribution systems 1985-1998: a comparative efficiency analysis

Toru Hattori, Tooraj Jamasb, Michael G Pollitt

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A quantitative analysis of pricing behaviour in California’s wholesale electricity market during summer 2000: the final word

Paul Joskow, Edward Kahn

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Issues and options for restructuring electricity supply industries

David Newbery
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