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United Kingdom

UK energy law weekly: market regulation, networks, capacity market, oil and gas levy, CCUS, ETS and COP29—developments, consultations and diary dates (21 November 2024)

Published on: 21 November 2024

Published by a LexisNexis Energy expert
Legal News
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Article summary

In this issue:

  • Key developments and materials
  • Electricity and gas market regulation and licensing
  • Networks and network connections
  • Capacity Market, balancing services and energy system flexibility
  • Oil and gas
  • Air emissions, efficiency, and climate change
  • International energy
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers

Key developments and materials

DESNZ publishes 2023–24 annual report and accounts

The Department for Energy Security and Net Zero (DESNZ) has released its 2023–24 annual report and accounts, detailing its work, financial outcomes, and milestones across 1 April 2023 to 31 March 2024. The publication sets out resource utilisation, departmental priorities, and the financial statements for DESNZ together with its partner bodies. Headline developments include the enactment of the Energy Act 2023 in October 2023, alongside momentum on the review of electricity market arrangements, marked by a second consultation launched in March 2024. The document further confirms continued backing for research and development, with support directed to innovators using artificial intelligence to curb emissions and boost energy efficiency. See: LNB News 19/11/2024 22...

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