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The energy policy Britain needs

Dieter Helm, New College, Oxford

The lecture sets out the policy options for delivering the new environmental targets whilst maintaining security of supply. It is argued that current delivery mechanisms are weak, are likely to fail to achieve the targets, and may unintentionally create conditions for a further energy crises later in the decade. The energy policy Britain needs is one which includes credible instruments, allows prices to reflect environmental costs and is driven by an appropriate institutional structure.

28 April 2003  Power channel

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About the speaker
Dieter Helm is a Fellow in Economics at New College, Oxford, and founding director of OXERA. He is also a Fellow of the Institute of Energy, Fellow of the Royal Society of Arts, and Fellow of Winchester College. Other appointments include Member of the DTI's Energy Advisory Panel and Chairman of the DEFRA Academic Panel. He is Editor of The Utilities Journal and Associate Editor of Oxford Review of Economic Policy.
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