The UK's first Annual Energy Statement

The Government's first annual energy statement, published on Tuesday, provides a useful snapshot of the scale of activity we can expect as the Coalition looks to scope and implement its energy and climate change policies. The actions set out are wide-ranging and include: the reform of the electricity market; a review of Ofgem's regulatory role; supporting the carbon price; the introduction of an emissions performance standard to support carbon capture; a detailed plan for delivering smart meters; the implementation of the Connect & Manage regime; revised proposals in respect of the enduring OFTO regime; review of transmission charging and a further consultation on the draft National Policy Statements.