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 support for the government’s preferred production technologies alongside more recent plans to address security of supply. Notably, the Bill will formalise the creation of the Future System Operator (FSO).

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Investors and consumers need a stable framework for a prosperous energy economy and the government will need to work carefully to balance the short-term tensions with the long-term objective of net zero.  
Commercial and market outlook Heat networks Low carbon generation Regulation and policy
Gareth Miller

Gareth Miller

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