The UK Energy Act 2016: on Land and Under the Sea

摘要

The Energy Act 2016 in its final form does not satisfy everyone. The hotly contested provisions dealing with onshore wind have created a challenging environment for the onshore wind farm industry. The provisions dealing with the establishment of the OGA were also not free from controversy, with the opening up of discussion about what the principal objective for the upstream regime should be. Nonetheless, the passing of the Act by Parliament, after 10 months of scrutiny and debate, has at least brought certainty in relation to those matters, at a time when energy companies are operating in a climate of regulatory and economic uncertainty.