Consultation response: ‘Cost of Energy Review’

This is a submission by the ESRC Centre for Climate Change Economics and Policy and the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science to the consultation on the independent Cost of Energy Review by Professor Dieter Helm, which was published on 25 October 2017. The UK Department for Business, Energy & Industrial Strategy initiated a call for evidence in November 2017, seeking views on the matters that the Government should take into account in considering how to reduce the cost of energy in the longer term.

This document sets out our responses to certain areas of the Review, including the phase-out of coal from electricity generation, the costs of renewable electricity generation, the intermittency of renewable electricity generation, and carbon pricing.