In a significant policy update published on 9 December 2024 (“Policy Update”), Ofgem announced its intention to move away from developing a late competition model for Offshore Transmission Owners (“OFTOs”), in favour of an early competition approach.
This shift marks an important evolution in how offshore transmission infrastructure will be delivered in the future.
The
On Friday 13 December 2024 the Department for Energy, Security and Net Zero published their ambitious Government Clean Power Action Plan – with the ethos being to “sprint” towards homegrown energy production.
The primary aim is for the UK to achieve clean power by 2030 to increase energy security and improve affordability, while reducing greenhouse gas emissions.
The carbon intensity
Overview
This article explores the concept of Competitively Appointed Transmission Owners (‘CATOs’), their regulatory framework and role in enhancing onshore transmission infrastructure through competition. It will also look into the potential benefits, risks, associated developments and draw comparisons with the use of offshore transmission owners.
With already high levels of demand on the grid and undoubtedly more electricity
The Department for Energy Security and Net Zero (DESNZ) announced the Warm Homes: Local Grant scheme (Warm Homes Grant) will begin delivery in April 2025 as part of the government’s Warm Homes Plan to upgrade five million homes over the next five years in a bid to cut bills, deliver warmer homes and deal with fuel poverty.
Scope of the
The Competition Appeal Tribunal (“CAT”) is this week considering a landmark class action brought against six of England’s largest water companies. The case will have implications for Ofwat, water companies and customers alike. Our regulatory and competition experts consider what we know so far and what lies ahead for the parties and billpayers.
The landmark class action brought
There are several subsidy mechanisms available to the UK Government, as outlined below, that are designed to address various barriers to investment and innovation in the manufacturing sector. These are able to provide both direct or indirect support to enhance competitiveness and drive technological processes and should be means the UK Government is considering soon.
