Portrait of Peter Hope, CFA

Peter Hope, CFA : Partner

Peter leads the Regulatory Finance practice at Oxera. He is an expert in financial economics, and helps clients tackle strategic challenges in regulation and competition policy.

Peter has extensive experience in advising companies, regulators, and investors on cost of capital and profitability analysis. He has directed projects on regulatory price controls and competition investigations in the electricity, gas, water, telecoms, postal services, airports, air traffic control, and rail sectors. He has provided expert testimony on cost of capital in front of the UK Competition and Markets Authority (CMA) and is listed in the Who’s Who Legal guide to leading economics and financial experts in the energy sector.

Peter has over 15 years’ experience of training clients in the economics of regulation, including chairing the Oxera Utility Finance course for many years. He continues to teach regularly on the Utility Finance and Utility Regulation courses, as well as delivering guest lectures to MBA students at the London Business School. Peter is also a member of the European Corporate Governance Institute (ECGI) Blog advisory board.

Peter speaks English.

Tel: +44 (0) 20 7776 6621

Peter's specialisms include:

Selected
professional experience

  • Advising energy network companies on the RIIO-3 price control review by Ofgem (2023–)

  • Commercial and regulatory support to investors in an electricity networks transaction (2023)

  • Commercial and regulatory advice to a UK airport (2023)

  • Advice to Teréga on price controls for gas transport and storage in France (2023)

  • Advice to water companies on the PR24 draft methodology (2022–)

  • Due diligence advice to a large England and Wales water and sewerage company (2022–23)

Selected
publications

  • Ippolito, F., Hope, P. and Van Dijk, R. (2022), ‘Institutional Protection Schemes in the Banking Union’, European Parliament briefing paper.

  • Haynes, J., Hope, P. and Talbot, H. (2021), ‘NPL resolution after COVID-19: main differences to previous crises’, European Parliament briefing paper.

  • Bandle, N., Burger, A., Deuchert, E., Gabel, M., Hope, P. and Woolley, F. (2020), ‘Warum die Marktrisikoprämie bei der Bestimmung der regulatorischen Eigenkapitalzinsen deutlich erhöht werden muss’, Energiewirtschaftliche Tagesfragen, 70:12, pp. 58–61.

  • Meaney, A. and Hope, P. (2012), ‘Alternative Ways of Financing Infrastructure Investment: Potential for “Novel” Financing Models’, International Transport Forum discussion paper 2012–07.

  • Correia da Silva, L. and Hope, P. (2011), ‘Profitability Analysis in the Context of the Pay TV Market Inquiry’, Competition Law Journal, 10:4, pp. 328–23.

Qualifications

  • MPhil Economics, University of Oxford, UK.

  • MA (Oxon) Politics, Philosophy and Economics, University of Oxford, UK.

  • Peter Hope is a CFA® charterholder.

Latest Insights:  Peter Hope

5 minute read
How can data on the cost of debt be used to improve estimates of the cost of equity? A previous article on this topic, published in May 2023, explained that…
6 minute read
‘Does paying passive managers to engage improve ESG performance?’ is a paper by Professors Marco Becht, Julian Franks, Hideaki Miyajima and Kazunori Suzuki. The paper is the recipient of a…
4 minute read
Applications of the capital asset pricing model (CAPM) in some sectors (e.g. banking, utilities and infrastructure) imply very low estimates of the cost of equity. But when does ‘very low’…
9 minute read
The Competition and Markets Authority (CMA) has published its Final Determination (FD) of the appeals in respect of Ofgem’s RIIO-GD2 and RIIO-T2 (‘RIIO-2’) price control reviews. Out of 12 grounds…

Back to top