About
I’m an Associate Professor of International Political Economy at the University of Bath and a Senior Researcher at the Global Climate Forum in Berlin. My research focuses on the political economy of the green transition, particularly how states reorganise energy systems, finance large-scale investment, and develop the productive capacities needed for decarbonisation.
I am especially interested in energy policy, green industrial policy, energy security, and public finance. Much of my work examines how governments make low-carbon infrastructure investable, how the costs and risks of the transition are distributed, and how energy policy interacts with questions of industrial capacity, supply-chain resilience, and dependence on global production networks.
More broadly, I am interested in how states build the institutional and financial capacity to undertake large-scale economic transformations, and in the political conflicts that emerge around who pays, who benefits, and what forms of productive capacity are created in the process.
Current Funded Project
ESRC New Investigator Grant · Project value: £335,000 · Sept 2025–Sept 2027
I lead FINTRANS-UK, an ESRC-funded research project that examines the political economy of energy-system transformation in Britain, asking how successive governments have built the financial and institutional capacities required to reorganise the production, distribution, and consumption of energy. The project traces major episodes of transformation across modern British history, including the post-war nationalisation of electricity, the development of nuclear power, the conversion from coal-based town gas to natural gas, the exploitation of North Sea oil and gas, and the more recent transition towards a low-carbon electricity system. Across these episodes, I am interested in how changes in the energy system have been financed and governed: how investment is mobilised, how ownership and markets are reorganised, how risks and costs are distributed between the state, firms, and consumers, and how new productive and infrastructural capacities are created. The historical perspective helps explain why different institutional arrangements emerge at moments when governments seek to transform energy systems at scale.
Featured Publications
Off the Books, Onto the Bills: Levy-Backed Derisking and the UK's Green Transition
Examines how levy-backed derisking has shifted the financing of Britain's green transition off the public books and onto energy bills, reshaping who bears the costs, risks, and rewards of net-zero infrastructure.
Read paper →Monetary Architecture and the Green Transition
Develops a framework for understanding how monetary architectures shape possibilities for financing the Green Transition.
Read paper →Green Macro-Financial Governance in the European Monetary Architecture
Analyses the capacity of Eurozone institutions to finance climate action through fiscal and monetary policy coordination.
Read paper →Earlier Research
My earlier research explored the so-called financialisation of social policy through outcome-based finance markets and social impact bonds, examining how social impact is conceived, measured, and accounted for when financial instruments are used to fund social services. This work on valuation processes, contract design, and the governance of public services through private financial markets informs my current focus on how states use private financial actors, instruments, and markets in governing grand challenges.
Background
I hold a PhD in International Political Economy from City, University of London, and was previously an ESRC Postdoctoral Fellow at the London School of Economics and a Research Officer on the QUAD project at LSE’s Centre for Analysis of Risk and Regulation. My research has been published in Review of International Political Economy, New Political Economy, Competition and Change, Environment and Planning A, Journal of European Integration, and other leading journals. I supervise doctoral research on climate finance, energy systems, and the geopolitics of finance.
Affiliations
