Now showing items 5-24 of 32

    • Calculating the Social Cost of Carbon 

      Hope, Chris; Newbery, David (Faculty of Economics, 2007-10)
      The paper1 discusses the determination of the social cost of carbon (SCC) using the PAGE2002 model used in the Stern Review. The SCC depends sensitively on assumptions about future economic development, the range and ...
    • Climate change policy and its effect on market power in the gas market 

      Newbery, David (Faculty of Economics, 2006-03-14)
      The European Emissions Trading Scheme (ETS) limits CO2 emissions from covered sectors, especially electricity until December 2007, after which a new set of Allowances will be issued. The paper demonstrates that the impact ...
    • Contracting for wind generation 

      Newbery, David (Faculty of Economics, 2011-07)
      The UK Government proposes offering long-term Feed-in-Tariffs (FiTs) to low-carbon generation to reduce risk and encourage new entrants. Their preference is for a Contract-for-Difference (CfD) or a premium FiT (pFiT) for ...
    • Core Indicators for Determinants and Performance of Electricity Sector in Developing Countries 

      Jamasb, Tooraj; Newbery, David; Pollitt, Michael G. (Faculty of Economics, 2004-07-08)
      Since the early 1990s, substantial resources and effort have been spent on implementing market-oriented electricity reform in developing countries. Important sectoral, economic, and social dimensions are involved in ...
    • Electricity Sector Reform in Developing Countries: A Survey of Empirical Evidence on Determinants and Performance 

      Jamasb, Tooraj; Mota, Raffaella L.; Newbery, David; Pollitt, Michael G. (Faculty of Economics, 2004-07-09)
      This paper reviews the empirical evidence on electricity reform in developing countries. We find that country institutions and sector governance play an important role in success and failure of reform; reforms appear to ...
    • Electricity transmission: an overview of the current debate 

      Brunekreeft, Gert; Neuhoff, Karsten; Newbery, David (Faculty of Economics, 2006-03-14)
      Electricity transmission has emerged as critical for successfully liberalising powermarkets. This paper surveys the issues currently under discussion and provides a framework for the remaining papers in this issue. We ...
    • Generation Adequacy and Investment Incentives in Britain: from the Pool to NETA 

      Roques, Fabien A.; Newbery, David; Nuttall, William J. (Faculty of Economics, 2006-03-14)
      Three years after the controversial change of the British market design from compulsory Pool with capacity payments to decentralised energy-only New Electricity Trading Arrangements (NETA) market framework, we compare the ...
    • Horizontal Inequity and Vertical Redistribution with Indirect Taxes: the Greek Case 

      Kaplanoglou, G.; Newbery, David (Faculty of Economics, 2008-01)
    • Integrating Energy Markets: Does Sequencing Matter? 

      Neuhoff, Karsten; Newbery, David (Faculty of Economics, 2004-07)
      This paper addresses three questions that are relevant to integrating different regional transmission areas. Market integrating normally increases the number of competitors and should therefore reduce prices but the first ...
    • Issues and Options for Restructuring Electricity Supply Industries 

      Newbery, David (Faculty of Economics, 2004-06-16)
      The electricity supply industry is highly capital-intensive, whose success depends critically upon the management of its investment. In most developing countries investment is poorly managed, poorly maintained, and often ...
    • Long-term Framework for Electricity Distribution Access Charges 

      Jamasb, Tooraj; Neuhoff, Karsten; Newbery, David; Pollitt, Michael G. (Faculty of Economics, 2006-03-14)
      In order to achieve overall economic efficiency, incentive regulation of electricity distribution utilities must address two important and inter-related issues. First, the utilities’ allowed revenues need to be set at ...
    • Market design 

      Newbery, David (Faculty of Economics, 2006-03-14)
      Europe is liberalising electricity in accordance with the European Commission’s Electricity Directives. Different countries have responded differently, notably in the extent of restructuring, treatment of mergers, market ...
    • A Nuclear Future? UK Government Policy and the Role of the Market? 

      Newbery, David (Faculty of Economics, 2010-03)
    • Nuclear Power: a Hedge against Uncertain Gas and Carbon Prices? 

      Roques, Fabien A.; Nuttall, William J.; Newbery, David; de Neufville, Richard (Faculty of Economics, 2006-03-14)
      High fossil fuel prices have rekindled interest in nuclear power. This paper identifies specific nuclear characteristics making it unattractive to merchant generators in liberalised electricity markets, and argues that ...
    • Oil Shortages, Climate Change and Collective Action 

      Newbery, David (Faculty of Economics, 2010-09)
      Concerns over future oil scarcity might not be so worrying but for the high carbon content of substitutes, and the limited capacity of the atmosphere to absorb additional CO2 from burning fuel. The paper argues that the ...
    • Power sector reform, private investment and regional co-operation 

      Newbery, David (Faculty of Economics, 2006-06)
      Modern infrastructure, particularly electricity, is critical to economic development. South Asia, with inefficient and bankrupt state-owned vertically integrated electricity supply industries, encouraged private generation ...
    • Predicting market power in wholesale electricity markets 

      Newbery, David (Faculty of Economics, 2008-08)
    • Pricing Carbon for Electricity Generation: National and International Dimensions 

      Grubb, Michael; Newbery, David (Faculty of Economics, 2007-10)
      In this paper, which forms a chapter in the forthcoming Book “Delivering a Low Carbon Electricity System: Technologies, Economics and Policy”, Grubb and Newbery examine how carbon for electricity generation should ...
    • Reforming Competitive Electricity Markets to Meet Environmental Targets 

      Newbery, David (Faculty of Economics, 2011-09)
      The UK and other EU countries are concerned to deliver secure, sustainable and affordable electricity, to meet challenging targets for decarbonisation and renewable energy. The UK Government has consulted and concluded ...
    • Regulatory Challenges to European Electricity Liberalisation 

      Newbery, David (Faculty of Economics, 2004-06-16)
      Regulatory Challenges to European Electricity Liberalisation