Upcoming Developments In The UK Energy Industry

Energy White Paper

The long awaited and eagerly anticipated UK government Energy White Paper is expected to be published imminently by the Department for Business, Energy and Industrial Strategy ("BEIS"), having previously been due in the summer of 2019 and then again by the end of Q1 2020. There has been no official update from BEIS regarding the publication date and the timescales are likely to have been affected by the government's COVID-19 response.

The White Paper will likely provide an insight into the government's plan for the UK to achieve net zero by 2050 and other targets, such as the pledge in the Paris Agreement to keep the increase in global average temperature to well below 2 °C above pre-industrial levels, and to pursue efforts to limit the increase to 1.5 °C.