The energy sector has a habit of creating surprises. Back in the 1980s and 1990s, when oil prices touched $10 a barrel, and there was excess capacity in most European countries, nobody worried much about security of supply, and bothered even less about cl
Published by openDemocracy, January 2007. The European Commission's new energy plan falls far short of the integrated, long-term strategy that the continent needs, says Dieter Helm.
Published in Oxford Forum, Volume 3, Autumn 2005, pp. 22-23. In the twenty-first century, there are many challenges that threaten our way of life, itself the product of the enormous economic expansion of the twentieth century. International terrorism and
Recent corporate activity and the emergence of highly geared companies in the utility and infrastructure sectors have raised fundamental questions about risk, returns and the appropriate responses from investors and regulators. A gradual revolution has be
This memorandum focuses on three issues: the supply/demand balance in the energy sector; the linkage between security of supply, investment and the climate change objectives; and the energy policy framework required to promote low carbon technologies. In
In D. Helm (ed.), The Future of Infrastructure Regulation, published by Oxera, July 2005, pp. 1-9. It is tempting to think that, after two decades of experience, regulation might have moved from the controversial and novel, to the tried and tested, that c
Edited by Dieter Helm, published July 2005 by Oxera. Based on the speeches of regulators and companies in the infrastructure and utilities industries, presented at the Oxera conference, The Future of Infrastructure Regulation, on March 1st 2005, this volu
The threat posed by climate change has not yet been matched by international agreements and economic policies that can deliver sharp reductions in greenhouse-gas emissions. Although the Kyoto Protocol has now been ratified by Russia and hence come into le
Climate change presents a challenge to policy-makers of an altogether different kind to the day-to-day business of intervention in the economy to correct market failures. It is characterised by major and multi-dimensional uncertainties (in the science, th
The importance of climate change is now widely accepted. From being a research topic, it has moved to the political stage, and whilst most politicians have yet to see it as a 'greater threat than weapons of mass destruction', the main political parties of
Most developed countries have adopted targets for the reduction of carbon-dioxide (CO2) emissions. Some of these are aspirational, some are recorded in voluntary international agreements, others have the force of law and are enshrined in national legisla
The objectives in privatising the water industry were multiple. The then Conservative government considered that the private sector was inherently more efficient than the public sector, that share ownership could be widened and deepened by selling monopol
Dieter Helm's chapter from the BBC book 'Can the Market Deliver? Funding Public Service Television in the Digital Age', published January 2005 by John Libbey Publishing, pp. 1-21.
The review of the Renewables Obligation (RO) is an important opportunity to take stock of the renewables policy and its contribution to the ambitious climate change objectives for 2010, 2020 and 2050.
Memorandum of Evidence submitted to the House of Commons Environmental Audit Committee. The periodic review of the water industry sets prices for the next five years. These prices should produce sufficient revenues to finance the functions of the water co
Published by the Social Market Foundation, January 2004. Regulation in Britain has grown gradually and continuously since the privatisations of the 1980s and 1990s. Its growth has been unplanned, but has now reached a critical mass, attracting widespread
How far is the world down the road of energy transition? "Gas in Transition" Natural Gas World.… https://t.co/zQwafOochF
PublicationClimate Change The coal question July 12, 2022
There is no route to decarbonisation without getting rid of coal, but coal remains a main energy source worldwide. What are the implications...
PublicationClimate Change The retreat from net zero July 4, 2022
As governments around the world rush to secure their energy supplies, this paper looks at the implications for plans to transition to net ze...
Recent Publications
The longer-term consequences of the energy crisis require a permanent cost solution to be ...
Keynote speech at the Policy Exchange
With energy bills set to increase from 1st April, and just 13 years for the electricity se...