Energy analysis: The Energy Prices Act (the Act), introduced as a Bill to Parliament on 12 October 2022, was passed into law on 25 October 2022. Originally introduced as part of the former Prime Minister, Liz Truss’s, mini-budget, this emergency legislation includes a series of measures addressing the current energy crisis. This analysis was first … Read more

Meeting the challenges of transitioning Australia’s energy systems to lower carbon emissions will be an enormous task requiring coordination across governments, industry, banks, and investors. So, what role can the infrastructure sector play? Read more

The post below was first published on our Policy Matters blog. On her third day as Prime Minister, Liz Truss announced an unprecedented £150 billion support package for households and business alongside emergency electricity market interventions which will feed into a more fundamental ongoing review. The EU also announced radical proposals. We take a look at … Read more

With firms and households facing surging costs, we explore how the Government could tackle the deepening energy emergency. On 26 August 2022 the UK energy regulator Ofgem announced an 80% jump in the Q4 2022 consumer energy price cap, and new predictions were made for 2023 showing a spike of over 235% from current levels. … Read more

On 18 July 2022 the Government released a consultation on options for all non-retail electricity markets in Great Britain: the wholesale market, balancing mechanism and ancillary services. Everything is on the table from the most radical to the incremental. Investors and market participants should pay attention. Days after the new Energy Security Bill was introduced … Read more

On 9 June 2022 the Department for Transport (DfT) published a consultation on the primary legislative changes to implement the rail reforms outlined in the Williams-Shapps Plan for Rail (Plan for Rail). The consultation covers the core functions of Great British Railways (GBR), the new governance framework and the reform of wider industry structures. Responses … Read more

On 6 July 2022, a day of significant political uncertainty, the Government published its long-awaited Energy Security Bill. Notwithstanding the current political turmoil, this is expected to survive to become the most wide-ranging legislative reform of the UK’s energy market for several years. The Energy Security Bill (Bill) was published and introduced to Parliament for … Read more

Law Decree 17 May 2022, No. 50 so-called Decreto aiuti (Decree) introduces a set of provisions in the fields of national energy policies, attraction of investments, and permitting procedures. In particular, a number of provisions are aimed at facing the challenges stemming from the Ukraine war both with temporary derogations to the permitting regime (art. 12) and … Read more