This bill reshapes the UK's energy system to fight climate change and improve energy security, creating new rules for carbon capture, hydrogen, heat networks, and electricity while protecting consumers from unfair prices.
A Bill to make provision about energy production and security and the regulation of the energy market, including provision about the licensing of carbon dioxide transport and storage; about commercial arrangements for carbon capture and storage and for hydrogen production and transportation; about new technology, including low-carbon heat schemes and hydrogen grid trials; about the Independent System Operator and Planner; about gas and electricity industry codes; about financial support for persons carrying on energy-intensive activities; about heat networks; about energy smart appliances and load control; about the energy performance of premises; about energy savings opportunity schemes; about the resilience of the core fuel sector; about offshore energy production, including environmental protection, licensing and decommissioning; about the civil nuclear sector, including the Civil Nuclear Constabulary and pensions; and for connected purposes.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Lord Callanan, Grant Shapps
Introduced: 2022-07-06
Royal Assent: 2023-10-26