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

Reducing greenhouse gas emissions by 55% by 2030 entails a significant increase in the share of energy production from renewable sources in order to develop an integrated energy system. In light of the new targets, the 32% share of renewable energy to be developed by 2030 set by the Renewable Energy Directive (RED II) is … Read more

On 14 July 2021, the European Commission published its ‘fit for 55’ package providing a set of measures aimed at reaching the target of a 55% reduction in greenhouse gas emissions by 2030 (compared to 1990 thresholds). Such legislative proposals represent a pragmatic response to the European Green Deal, presented on 11 December 2019, which … Read more

The government’s recently announced “Ten Point Plan” reaffirms previously pledged support for the offshore wind industry, while introducing further supply chain requirements in the Contract for Difference (“CfD”) and trailing future updates to onshore and offshore network strategies. In November, the UK government announced a £12 billion “Ten Point Plan” to lead a “Green Industrial … Read more