On 8 March 2022, in response to Russia’s threat to cut Europe’s gas supplies, the European Commission proposed an outline of the plan to reduce EU demand for Russian gas by two thirds before the end of the year and eliminate dependence on Russian gas well before 2030. By implementing the measures proposed by the … Read more

As we set out in our briefing on the global energy crisis here, there has been a crisis around the world with record natural gas, coal and electricity prices. The causes are a combination of post-pandemic recovery, extreme weather events and fractious geopolitics, which have increased demand and compromised supply. We also argued that the … Read more

Have policymakers left us in energy limbo rather than transition? As winter fast approaches for the Northern Hemisphere, crisis increasingly describes the state the global energy system has reached; right now it’s easy to confuse graphs of energy markets with illustrations of the latest crypto-currency fad. Natural gas, coal and electricity prices around the world … Read more

In this podcast, Paul Butcher, our Director of Public Policy, looks at: the unprecedented nature of the current situation for natural gas, coal and electricity the consequences we are seeing for industry and consumers what caused the crisis, including: the ‘series of unfortunate events’ the surprising consequences of the pandemic and new ways of working … Read more

There is an ongoing global energy crisis with record prices for natural gas, coal and electricity. One aspect specific to the UK, particularly for the large number of energy suppliers that have ceased trading this year (21 as of the date of this briefing), is the supplier of last resort mechanism that has kicked in. … Read more

There is an ongoing global energy crisis with record prices for natural gas, coal and electricity. One aspect specific to the UK, including in relation to the large number of electricity suppliers that have ceased trading this year (21 as of the date of this briefing), is the default tariff cap introduced in 2019. Also … Read more

The Offshore Electricity Infrastructure Bill 2021 establishes a regulatory framework to facilitate the full life-cycle of offshore electricity infrastructure, from construction through to decommissioning, in the Commonwealth offshore area. Snapshot Once passed, the legislation will: establish a licencing framework for three categories of offshore electricity infrastructure activities in Commonwealth offshore areas: commercial (including feasibility), research … Read more

On 2 September 2021, the European Court decided that the German legislator has not implemented correctly requirements of the EU Electricity Directive and the EU Natural Gas Directive. In particular, the German concept of a vertically integrated undertaking is too narrow. Besides and most notably, the Federal Network Agency must become more independent. BACKGROUND The … Read more