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Energy and utilities

 

Energy Bill

The Government has released its long awaited Energy Bill, following a lengthy hiatus after the publication of the Energy Bill in draft form in May. The Energy Bill aims to introduce essential electricity market reforms by 2014.

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Electricity Market Reform Update - August 2013

On Wednesday 7 August 2013 the Department of Energy and Climate Change (DECC) released a number of documents giving welcome further clarity on the proposed allocation process for standard form Contracts for Difference (CfDs), and the detailed terms of the CfD.

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Electricity Market Reform Update - July 2013

Following the publication of the Draft Energy Bill in November 2012, the Government has now released a suite of announcements giving greater detail on the mechanisms which will sit behind its Electricity Market Reform.

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Your changing market

One of the few certainties in the energy and the utilities sector is the uncertainty. Long buffeted by the political winds of Right and Left, organisations must work hard to stay on course in a sea of changing government policies and ever-evolving regulatory frameworks.

Whether you’re a large utility dealing with the fall-out of the EU Large Combustion Plants Directive, a nuclear industry player waiting for the green light for a new generation of nuclear power plants, or a renewable energy company needing to cut your way through the maze of regulations, incentives and pitfalls, you need to act decisively and make decisions based on insightful, practical legal advice.

The twin challenges of energy supply and security continue to loom large and the energy sector as a whole faces the on-going challenge of balancing power generation against ever more stringent emissions targets. And although a new nuclear programme is on the starting blocks, it can’t progress until the government creates the necessary environment for it to do so.

Of course, emissions are not the only thing that needs to be balanced. Budgets are under constant pressure and finance is harder than ever to secure, especially for small innovative companies. The planning framework is in a state of flux as the government is again reviewing its approach to planning and permits, not to mention fleshing out the bones of its overall energy strategy. And it’s all happening against a background of public sector uncertainty and huge spending cuts.

But the fast developing energy and utilities environment means there are new opportunities to participate in the market too. Large landowners looking to partner with wind energy companies, new entrants looking for additional revenue streams through the Feed-in Tariffs (FITs) and Renewable Heat Incentive (RHI) and the whole of nuclear poised for growth on a scale not seen for decades. There are also new technology trends to capitalise on such as the coalition government’s support for a huge increase in anaerobic digestion.

Exceeding your potential

Your business can benefit from our expertise and in-depth experience in the energy and utilities industries, including gas, electricity and water as well as renewables and nuclear, to ensure it is ideally positioned to not only respond to changes in the market, but to anticipate new developments and take decisions accordingly.

We help you to protect your interests and capitalise on new opportunities as they arise, by maintaining effective relationships with both the policy makers and those affected by policy at the beating heart of the energy and utilities sectors.

We work closely with government bodies and local authorities, helping them to develop and refine new processes and procedures. We're passionate about using our knowledge of the law to respond to business challenges, and many of our lawyers have worked in, or been seconded to, the energy and utilities industry.

Expertise you can count on

Led by Richard Goodfellow, our core team of 15 energy lawyers has long been acknowledged for its expertise. We’re recognised by the legal directories as leading advisors in energy and utilities, the feedback we receive from clients supports that opinion. Complementing our core team we have built up specialist energy expertise across the firm in different disciplines so we can call on the services of our energy conversant lawyers in real estate, employment or project finance.

We regularly organise seminars and workshops on hot topics in the industry, such as FITs and RHI, and we host dinners for key industry players and stakeholders.

With clients including British Gas, Drax Power, GDF Suez, Ofwat, NIREG, National Grid Transco, Rolls Royce and United Utilities. At Addleshaw Goddard you can call on experience that covers the whole energy and utilities industry. It means our advice is not only technically expert, but practical and commercial, and grounded in the markets in which you operate.

Head of Energy

Richard Goodfellow
telephone 0113 209 2405
email
Full profile Full profile

Head of Nuclear

James Reynolds
telephone 0113 209 2626
email
Full profile Full profile

 
 
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