The Value of Lost Load (VoLL) for Electricity in Great Britain

As part of the documents for the Consultation on the draft Electricity Market Reform Delivery, the Department of Energy and Climate Change has published the report prepared by London Economics which estimates the value of lost load (VoLL) for domestic, small and medium sized businesses and industrial and commercial electricity consumers in Great Britain. VoLL […]

Estimation of Consumers’ Priorities for Quality-of-service in Post: Recent Evidence from France

20th CPDE, Brighton, UK.

Estimating the Impact of Wind Generation on Balancing Costs in the GB Electricity Markets

Potential Impacts of Stamp Price Increases: Consumer Research

Consumer Focus has published the report by London Economics “Potential impacts of stamp price increases: Consumer research”. The study examines how consumers might react to stamp price increases in the context of potential rises following Ofcom’s Royal Mail price control, using an online choice experiment methodology. In particular, we analyse the extent to which consumers […]

Consumer Information on Broadband Speed and Net Neutrality Experiment

Ofcom has published the report by London Economics “Consumer information on Broadband Net Neutrality”. This study uses an economic experiment and behavioural economics to test the impact on consumers’ internet package choice of how information about packages is presented. Participants in the experiment were faced with different information frames, including the use of colour coding […]

Estimating the Value of Lost Load (VoLL)

This report for Ofgem estimates the Value of Lost Load (VoLL) for domestic and SME, industrial and commercial (I&C), and electricity producing gas consumers. VoLL represents the value that gas users attribute to security of gas supply and the estimates could be used to provide a price signal about the adequate level of security of […]

Review of Company Surveys of Consumer Willingness to Pay to Reduce the Impacts of Transmission Infrastructure on Visual Amenity

In the context of potential measures to reduce the visual amenity impacts of existing transmission infrastructure, this London Economics study for Ofgem provides a critical review of willingness to pay evidence provided to Ofgem by the transmission operators. The first step of the review involved determining a current best practice model for WTP studies assessing […]

Experimental Study on Non-geographic Calls

Ofcom has published the report by London Economics Experimental work on potential interventions in relation to non-geographic calls. The study uses economic experiments to investigate call price transparency for non-geographic phone numbers such as Directory Enquiries and customer support lines, and tests alternative regulatory interventions to improve price transparency to help consumers make more informed […]

Study on Consumers’ Postal Practices and Socio-economic Needs in Terms of the Quality and Provision of the Priority Postal Service

The study focuses on the postal practices and needs of households and businesses, especially SMEs. The first part of the study examines the extent to which the postal service is important to users, the users’ knowledge of postal products, their current postal practices, their sensitivity to the time it takes for a postal product to […]

Dynamic Modelling of Transmission Systems: Costs of Seasonal-zonal Transmission Loss Factor Charging and the Impact of Large-scale Offshore Wind

2nd forum on Economics of Marine Renewable Energy, HMRC UCC, June 2011.