Policy, Economics and Risk
The Policy, Economics and Risk theme encompasses work in the Faculty of Economics, Judge Business School, Department of Land Economy, Department of Geography and the Faculty of Law, among other institutions and focuses on the following areas:
Economics and policy, including analysis of decarbonisation, energy security and affordability of energy with particular reference to the operation of gas and electricity markets. The Electricity Policy Research Group is particularly active in this area and their key areas of work include regulation and markets , technology and innovation, governance and politics, and climate change policy.
The Cambridge Centre for Climate Change Mitigation Research (4CMR) undertakes interdisciplinary work directed towards scholarly study of the interactions between energy, environmental and economic systems as these relate to the challenge of reducing the risks from climate change, primarily through mitigation.
The study of risk in energy infrastructure investments, energy security and regulation, and how to embed these risks into project planning and market structures.
Please visit individual faculty profiles to learn more about their research in the Policy, Economics and Risk theme. The Energy Champion for Policy, Economics and Risk is Dr. Michael Pollitt, and can be contacted to discuss university-wide initiatives and opportunities.
People specializing in this area
Faculty
Economic analysis of decision-making, especially the impact of psychological and behavioural factors.
Research focuses on secondary health benefits of low carbon energy trajetcories; climate change risk mitigation policy assessment; risk-based decision making; decisions under uncertainty.
Sustainable Development in European and International Law
European Environmental Law
Peter Guthrie's research includes decision making towards sustainable development in infrastaructure, and energy efficiency in the built environment.
Integrated Assessment Modelling of Climate Change
Environmental Law, Climate Change Policy
International Environmental Law
Electricity market design, transmission pricing, carbon pricing and markets
International energy markets and energy security policies.
Energy Technology and Policy Issues Relating to Civil Nuclear Power
Particular interests in: economics of nuclear new build, nuclear power and energy security, governance of civil nuclear power, nuclear security and counter-proliferation
Electricity Policy
Particular interests in infrastructure renewal in the UK and the wider European Union
Science and Technology Public Policy
Particularly issues in Research Policy and Energy Policy
Environmental Governance and Policy
Economics of energy and climate policy; competition in energy services; competition in and across energy networks
Investment risk in electricity generation capacity
Modelling security of supply
National climate change policies, policy design; public perceptions of energy technologies, regulatory policy; competition policy; science policy and communicating science and technology.
Role of science and technology in environmental policy
Sustainable building policies, a comparative analysis of European countries