Browsing by Author "Newbery, David"
Now showing items 20-32 of 32
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Power sector reform, private investment and regional co-operation
(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
(Faculty of Economics, 2008-08) -
Pricing Carbon for Electricity Generation: National and International Dimensions
(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 Policyâ€Â, Grubb and Newbery examine how carbon for electricity generation should ... -
Reforming Competitive Electricity Markets to Meet Environmental Targets
(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
(Faculty of Economics, 2004-06-16)Regulatory Challenges to European Electricity Liberalisation -
The relationship between regulation and competition policy for network utilities
(Faculty of Economics, 2006-04)Should regulation of potentially competitive elements of network utilities be left with sector regulators or solely subject to normal competition laws? Britain evolved licenses for network activities overseen by regulators ... -
A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems
(Faculty of Economics, 2006-03-14)The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we ... -
The robustness of agent-based models of electricity wholesale markets
(Faculty of Economics, 2012-05-28)Agent-based modelling is an attractive way of finding equilibria in complex problems involving strategic behaviour, particularly in electricity markets with transmission constraints. However, while it may be possible to ... -
Should Merchant Transmission Investment be Subject to a Must-offer Provision?
(Faculty of Economics, 2006-03-14)Merchant electricity transmission investment is a practically relevant example of an unregulated investment with monopoly properties. However, while leaving the investment decision to the market, the regulator may decide ... -
Supply Function Equilibria: Step Functions and Continuous Representations
(Faculty of Economics, 2008-12) -
The Supply Function Equilibrium and its Policy Implications for Wholesale Electricity Auctions
(Faculty of Economics, 2010-03) -
Using Probabilistic Analysis to Value Power Generation Investments Under Uncertainty
(Faculty of Economics, 2006-07)This paper reviews the limits of the traditional ‘levelised cost’ approach to properly take into account risks and uncertainties when valuing different power generation technologies. We introduce a probabilistic valuation ... -
Why Tax Energy? Towards a More Rational Energy Policy
(Faculty of Economics, 2006-03-14)The same fuels are taxed at widely different rates in different countries while different fuels are taxed at widely different rates within and across countries. Coal, oil and gas are all used to generate electricity, but ...
