David Newbery

Professor David Newbery, CBE, FBA, is the Director of the Cambridge Energy Policy Research Group and Emeritus Professor of Applied Economics at the University of Cambridge. He is a Fellow of the British Academy and of the Econometric Society. He was President of the European Economic Association, 1996 and President of the International Association for Energy Economics, 2013. Educated at Cambridge with degrees in Mathematics and Economics, he has managed research projects on utility privatisation and regulation, road pricing, transition from state socialism to the market economy in central Europe, electricity restructuring and market design, transmission access pricing and has active research on market integration, transmission planning and finance, climate change policies, and the design of energy policy and energy taxation. Occasional economic advisor to Ofgem, Ofwat, and ORR, former member of the Competition Commission, chairman of the Dutch Electricity Market Surveillance Committee, and member of the Panel of Technical Experts offering quality assurance to DECC on the delivery of the UK’s Electricity Market, he is currently an independent member of the Single Electricity Market Committee of the island of Ireland, and a panel member of Ofgem’s Network Innovation Competition. His books include Privatization, Restructuring and Regulation of Network Utilities, and with Joe Stiglitz, The Theory of Commodity Price Stabilization: A Study in the Economics of Risk.