This short note flags some potential implications for energy and infra operators and investors and then links to a longer note for those who wish to find out more. Both include examples of some of the unexpected impacts – in terms of the entities, individuals and activities that are caught in its crosshairs. The proposed … Read more

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

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