Dieter Helm, an economist at the University of Oxford, has been chosen by the Department for Enterprise, Power and Industrial Technique (BEIS) to carry out the assessment, the Guardian has discovered. The Conservative manifesto promised that the ensuing report can be the first step in the direction of “competitive and reasonably priced power costs”.
Theresa Might is amongst these within the government taking an curiosity in the cost-of-energy evaluate, which can look at how energy costs may be stored down whereas assembly the UK’s carbon targets and protecting the lights on.
But the selection of Helm, writer of a new book on the slow demise of oil companies in the face of power developments, might be controversial in some quarters because of his criticism of wind and solar energy.
Whereas acknowledging that renewables are remaking the power landscape, the professor of power has criticised the cost of in the present day’s windfarms and photo voltaic know-how, calling them “expensive” and highlighting the “sheer cost” of electricity generated from renewable sources.
Helm has also prompt the prevailing era of inexperienced power is just not enough to considerably reduce emissions. “Present renewables like wind generators, rooftop photo voltaic and biomass stand no critical probability of creating a lot distinction to decarbonisation. It’s simply a matter of scale,” he wrote in the Spectator magazine.
As an alternative, Helm believes funding ought to be directed at next era renewable technologies, similar to extra efficient photo voltaic panels. He also backs emerging applied sciences resembling sensible grids and battery storage.