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
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
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.
On 25 July 2024, the Department of Energy Security and Net Zero (DESNZ) introduced the Great British Energy Bill, and Prime Minister Keir Starmer announced the strategy for this new policy.
Great British Energy (GB Energy) is one of the new UK government’s flagship policies: a state-owned company to increase renewable energy generation. By accelerating the
In this blog series, we are exploring the different types of power purchase agreements (“PPAs”) available for local authorities to consider when procuring electricity. In this blog post, we provide a bitesize snapshot of ‘Sleeved Power Purchase Agreements’ (“Sleeved PPAs”) and why local authorities should consider using them, as
