Energy Policy & Regulation Report

The challenge is simple to describe, but harder to solve: how do you make energy more affordable for UK businesses, support growth and keep decarbonisation moving? 

It’s a question attracting growing attention, as high electricity prices continue to put pressure on UK competitiveness and investment. 

Our latest Energy Policy & Regulation Report examines what’s changing and what it could mean for businesses: 

• Energy affordability moves up the agenda: Early signals from the new government point to affordability taking greater precedence, alongside a changing emphasis around Clean Power 2030 and net zero.
• British Industrial Competitiveness Scheme (BICS) nears delivery: Applications open in October, with around 10,000 businesses expected to benefit from exemptions on eligible electricity policy costs.
• Business energy costs come under scrutiny: A new Parliamentary inquiry examines the relationship between electricity costs, industrial competitiveness, investment and electrification.
• Wider market reform continues: A new roadmap for the future of the GB gas market and tighter rules around wholesale market participation point to continued reform across the energy system.