Cost of Energy Independent Review

(asked on 24th October 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answers of 24 October 2017 to Questions 107371, 107372 and 107373, on the Cost of Energy Independent Review, what steps he has taken to ensure that Professor Helm's business and investment interests do not represent a conflict of interest in relation to the cost of energy review; and if he will make a statement.


Answered by
 Portrait
Claire Perry
This question was answered on 31st October 2017

The independent Cost of Energy Review was carried out by Professor Dieter Helm and published on 25 October.

Professor Helm has been subject to the Nolan Principles of conduct in public life throughout the conduct of his review, and committed to not advise clients in the energy sector throughout, and to not make changes to relevant financial interests until fourteen days after he submitted the report.

All evidence shared by the Department for Business, Energy and Industrial Strategy (BEIS) with Professor Helm is in the public domain. BEIS does not hold non-public information on any of Professor Helm’s financial interests.

This was an independent review. The Government will consider Professor Helm’s recommendations and will shortly be seeking the views of industry, academics, businesses and consumer groups on the review.

Given the long-term nature of the issues considered in the review, and the steps set out above, it would not be proportionate to restrict Professor Helm’s future activities.

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