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Energy Security Bill
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Regulation and policy
New customer support schemes will need very careful management
1 October 2022, marked a momentous day for the British retail energy markets, indeed for the nation as a whole. On that Saturday the Energy Price Guarantee (EPG) commenced for household customers and the Energy Bill Reduction Scheme (EBRS) for businesses. Not since March 1990 have ministers had so much...
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Announcement
The Energy Security Bill explained – from the Queen’s Speech
On Wednesday 11 May, the Queen's Speech was delivered which announced that an Energy Security Bill will be introduced at some point over the next parliamentary session. What is the Energy Security Bill and what does the Government state the benefits will be? https://www.youtube.com/watch?v=vLfmkM0mAqc What are the main elements of...
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Commercial and market outlook
Cornwall Insight responds to the announcement of an Energy Bill in the Queen’s Speech
The Queen’s Speech this week included a much-anticipated announcement that an Energy Bill will be introduced at some point over the next parliamentary session. The Bill is a logical conclusion of policy development in the period since the net zero commitment was made in the summer of 2019. It accommodates...
