Isabel Taylor
Isabel has a broad competition and regulatory practice and advises across a range of industries, including regulated industries, as regards merger control, general competition law, sectoral regulatory requirements and public procurement. She has a particular expertise in state aid law.
Isabel is listed as a leading individual by Chambers and a Hall of Fame leading individual by Legal 500. She has also been recognised in W@Competition’s list of 40 in their 40s Notable Women Competition Professionals, The Lawyer’s Hot 100 list and Who’s Who Legal: Global Elite publication. She previously served as chairperson for the Law Society Competition Section.
Practice Area
Panel
- Contributing Author
Qualified Year
- 1999 - Solicitor
Experience
- Slaughter and May (1997 - Present)
- Law Commission of England and Wales (1995 - 1996)
Membership
- Law Society Competition Section
- UK State Aid Law Association
Qualifications
- Legal Practice Course (1997)
- Bachelor of Arts – Law (1995)
Education
- College of Law, York (1996-1997)
- University of Cambridge (1992-1995)
1 Contributions by Isabel Taylor
PRACTICE NOTES
Ofgem’s RIIO-2 framework and determinations for Great Britain energy networks: outputs, incentives, uncertainty mechanisms, financing, net zero innovation, and CMA licence modification appeals
Introduction and background
This Practice Note summarises the ‘RIIO‑2’ price controls for Great Britain’s energy networks, which took effect on 1 April 2021 for gas distribution, gas and electricity transmission, and the Electricity System Operator (ESO). It will be updated as the position develops. RIIO (Revenues = Incentives + Innovation + Outputs) is the methodology used by the Office of Gas and Electricity Markets (Ofgem) to set the prices that Great Britain’s licensed onshore energy network owners and operators may charge for use of the electricity and gas transmission networks. In the first instance, network companies recover these charges from licensed suppliers and from generators/gas shippers (under the Connection and Use of System Code, the Distribution Connection and Use of System Agreement, and the Uniform Network Code). Ultimately, the costs are passed through to customers on energy supply bills, where they account for a significant share. For an introduction to the legal basis of energy network company price control in Great Britain, see Practice Note: The regulation of charging (‘price control’) by Great Britain’s electricity and gas network companies.
Background to the RIIO-2 price controls
Ofgem first developed...
Energy
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