The New Energy Paradigm provides an overview of the current energy policy debate, contextualized by the oil shock from 2000, and considers how the trends in international energy markets impact on security of supply and climate change. It includes a discussion of market design, looks at carbon and
oil markets, and considers best practice for effective policy design.
Dieter Helm: Introduction
Part 1: Concepts
1. Dieter Helm: The New Energy Paradigm
2. John Scott and Gareth Evans: Electricity Networks: The Innovation Supply Chain
3. Dieter Helm and Cameron Hepburn: Carbon Contracts
4. Paul Joskow: Competitive Electricity Markets and
Investment in New Generating Capacity
Part 2: Oil and Gas
5. Paul Stevens: Oil Markets and the Future
6. Bassam Fattouh: OPEC Pricing Power: The Need for a New Perspective
7. Alexander Kemp and Linda Stephen: UK Oil and Gas Depletion Policy with Growing Import
Dependence
8. Anouk Honoré and Jonathan Stern: A Constrained Future for Gas in Europe?
Part 3: Electricity
9. Richard Green: Electricity and Markets
10. Karsten Neuhoff: Large-scale Deployment of Renewables
11. Gert Brunekreeft and Tanga McDaniel: Policy Uncertainty and
Supply Adequacy in Electric Power Markets
12. Catherine Waddams Price: The Effect of Liberalizing UK Retail Energy Markets on Consumers
13. Malcolm Grimston: Nuclear Energy
Part 4: International Policy
14. Fatih Birol: The Investment Implications of Global Energy
Trends
15. Scott Barrett: Climate Change Negotiations: Past and Future
16. Dieter Helm: European Energy Policy: Securing Supplies and Meeting the Challenge of Climate Change
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Dieter Helm is an economist specialising in utilities, infrastructure, regulation and the environment, and concentrates on the energy, water and transport sectors in Britain and Europe. He holds a number of other advisory board appointments, including the Prime Minister's Council of Science
and Technology, the Defra Academic Panel (Chair), and the DTI Sustainable Energy Panel Advisory Board. He is associate editor of the Oxford Review of Economic Policy. His career to date has spanned academia, public policy and business. He founded Oxera in 1982, was a member of the DTI's Energy
Advisory Panel from 1993 to 2003, and has published extensively on economic topics. He recently completed a major study of British Energy policy since 1979, Energy, The State and the Market, published by Oxford University Press.
