On 26 October 2023, the Power Act 2023 (the Act), the biggest piece of major vitality laws in over a decade, acquired Royal Assent and have become legislation. The breadth of the Act is spectacular, masking areas resembling vitality infrastructure, vitality effectivity, regulation of nascent applied sciences resembling CCUS and hydrogen manufacturing and strengthening the regulatory panorama round extra established sectors together with offshore wind and oil and fuel.
Over a sequence of briefings, our vitality specialists have a look at the influence of the Act throughout a number of areas and what it might imply for the way forward for the business.