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ARTICLE · 04 NOVEMBER 2022

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Energy Prices Act 2022—need For Secondary Legislation

Herbert Smith Freehills Kramer LLP
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The Energy Prices Act (the Act), introduced as a Bill to Parliament on 12 October 2022, was passed into law on 25 October 2022. Originally introduced as part of the former Prime...

United KingdomEnergy and Natural Resources
Sarah Pollock
Sarah Pollock
Silke Goldberg
Silke Goldberg
Chloe Njamfa
Chloe Njamfa

Energy analysis: The Energy Prices Act (the Act), introduced as a Bill to Parliament on 12 October 2022, was passed into law on 25 October 2022. Originally introduced as part of the former Prime Minister, Liz Truss's, mini-budget, this emergency legislation includes a series of measures addressing the current energy crisis.

This analysis was first published on Lexis®PSL on 02/11/2022 and can be found here (subscription required)

The Act provides the legislative footing for several support schemes which have been previously announced by the government and aims to assist UK customers and businesses with their energy bills. It also grants wide powers to the Secretary of State to intervene in the UK energy market.

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