Portrait of Peter Hope, CFA

Peter Hope, CFA Partner

Peter leads the Regulatory Finance practice at Oxera. His areas of expertise include regulatory economics, corporate finance, valuation, and profitability analysis. He advises companies, regulators and investors, primarily in the regulated infrastructure and financial services sectors.

Peter has advised on the implications of policy changes and market investigations across Europe and worldwide. He has over a decade of experience of teaching regulatory economics and finance.

Peter has provided expert testimony on cost of capital to the UK Competition and Markets Authority (CMA) on multiple occasions.

Peter speaks English.

Tel: +44 (0) 20 7776 6621

Peter's specialisms include:

Selected
professional experience

  • Supporting ARERA with revising the cost of capital methodology for Italian energy networks (2021)

  • Advising NATS on its air navigation services price control (NR23) and the implications of COVID-19 (2021)

  • Providing Netze BW with innovative analysis on the required equity returns for German energy networks (2021)

  • Acting as expert witness for SSE Transmission on the appeal of the RIIO-T2 price control to the CMA (2021)

  • Acting as expert witness for Wales & West Utilities on the appeal of the RIIO-GD2 price control to the CMA (2021)

  • RIIO-2 cost of equity advice to the Energy Networks Association (2017–21)

Selected
publications

  • 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

  • BA (Hons) Politics, Philosophy and Economics, University of Oxford, UK

  • Peter Hope is a CFA® charterholder


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Latest Insights:  Peter Hope

Agenda
Depiction of RIIO-2 appeals: CMA Final Determination
9 minute read

RIIO-2 appeals: CMA Final Determination

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…
Agenda
Depiction of RIIO-ED2 Sector Specific Methodology Decision: on track to net zero?
8 minute read

RIIO-ED2 Sector Specific Methodology Decision: on track to net zero?

In December 2020, Ofgem published its Sector Specific Methodology Decision (SSMD) for the RIIO-ED2 price control covering the electricity distribution (ED) sector. In this article, we review Ofgem’s RIIO-ED2 SSMD…
Agenda
Depiction of RIIO-2 Final Determinations: how final?
11 minute read

RIIO-2 Final Determinations: how final?

Having published its Draft Determinations (DDs) in July 2020,1 on 8 December 2020, Ofgem published its Final Determinations (FDs) for the RIIO-2 price controls for the GB electricity transmission (ET),…
Agenda
Depiction of What are the CMA’s provisional findings in the PR19 redetermination?
7 minute read

What are the CMA’s provisional findings in the PR19 redetermination?

On 29 September, the Competition and Markets Authority (CMA) published its Provisional Findings in the redetermination of Ofwat’s PR19 price review for four disputing companies (Anglian Water, Bristol Water, Northumbrian…