UK Chancellor of Exchequer, Jeremy Hunt, delivered his first Autumn Statement today. The principal measures are set out in our full briefing which can be found here but the energy sector will be particularly affected. Extension of the Energy Profits Levy for oil and gas companies The Energy Profits Levy currently applies at a rate … 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

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

On Saturday, 4 September 2021, Ofgem (the energy regulator in Great Britain) published its plans to further support the UK’s transition to electric vehicles (EVs) in the deployment of EVs and their integration into the electricity system. Ofgem aims to get the network ready for EVs and ensure there is sufficient network capacity for EV … Read more

In the context of the ‘fit for 55’ package, published on 14 July 2021, the European Commission proposed the adoption of a new Regulation for the deployment of an alternative fuels infrastructure; the new Regulation will repeal Directive 2014/94/EU (DAFI). The initiative seeks to ensure the availability and usability of a dense, widespread network of … Read more

On 30 June 2021, the UK Government published its much-awaited Subsidy Control Bill.  In this update, we explore the key aspects of the proposed UK subsidy control regime.  We conclude with five key takeaways. Overview of the UK regime The Subsidy Control Bill establishes a UK subsidy control regime, in accordance with the UK’s obligations under … Read more

We are proud to be a part of London Climate Action Week 2021 (LCAW), the annual event bringing together world-leading climate professionals and communities across London and beyond to find practical solutions to climate change. Founded in 2019, LCAW is the largest independent climate change event in Europe, helping to shape our future into one that is … Read more

As anticipated in our blog on 14 December 2020, the Treasury has provided further detail on the UK’s new national infrastructure bank (the “Bank”) following the Spring 2021 Budget. The Leeds-based Bank has been given two core policy objectives: To help tackle climate change and help the UK meet its net zero emissions target by … Read more