Biography

Steven is a senior associate at Oxford Net Zero and a member of the UK Climate Change Committee.

Prior to his current roles, he was chief economist at Shell and at the UK Department of Energy and Climate Change. He also previously served in several senior roles at the European Bank for Reconstruction and Development, including as deputy chief economist. He began his career at the International Monetary Fund.

His current research focuses on the economics of transforming energy systems, policies to accelerate change, and sustainable finance. He is author of Transforming Energy Systems: Economics, Policies and Change (Elgar 2021). He has also published widely on enterprise and financial reforms in Eastern Europe’s post-communist transition and on financial economics.

He has a DPhil in Economics from the University of Oxford and a BSc in Economics and Finance from the University of Pennsylvania’s Wharton School.

 

Recent Publications

Feb 2026
Policy Briefing
How to invigorate and complete the fossil fuel transition
Sam Fankhauser ,  Myles Allen ,  Johanna Arlinghaus ,  Kaya Axelsson ,  Mirte Boot ,  Aoife Brophy ,  Ben Caldecott ,  Emily Cox ,  Alice Evatt ,  Siyu Feng ,  Benjamin Franta ,  Steven Fries ,  Cameron Hepburn ,  Conor Hickey ,  Stuart Jenkins ,  Injy Johnstone ,  Radhika Khosla ,  Javier Lezaun ,  Sam Loni ,  Alexis McGivern ,  Jessica Omukuti ,  Stephen M. Smith ,  Sugandha Srivastav ,  Joseph Stemmler ,  Ingrid Sundvor ,  Thom Wetzer
Apr 2022
Article
Nov 2021
Book
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Recent Events

10 Mar 22
@15:00
Fries pic