Reform, Rinse, Repeat Again – The Redesign of the UK Electricity Market

June 2022
Region: Europe

In light of rumours of imminent government’s reform of the UK electricity market, our legal experts consider the likely nature of the changes.

The government’s main aim is to address the rapidly rising cost of energy, by introducing measures to bring down payments to electricity generators and, in turn, prices paid by consumers.

Heralded by The Times as the largest reform of Britain’s electricity market in decades, the reforms, if and when they go ahead, will have significant implications for businesses in the industry, as well as their industrial and commercial customers.