During the third reading of the Energy Security Bill in the House of Lords this week (17 April) passed an amendment that will give Ofgem a statutory duty to assist in the delivery net zero.
A new Energy Bill was announced today (10 May) as part of the Queen's Speech, to help the UK build a more secure, homegrown energy system that is both cleaner and more affordable.
The Industry and Regulators Committee has said the UK is likely to miss its net zero by 2050 target, as the goal has not been matched by the policies and the clarity over financial incentives needed.
The House of Lords EU Environment sub-committee has released a new report, in part detailing its views on electricity pricing and trading post-Brexit.
The government could be making decisions on the future of UK energy without considering their potential to impact consumer bills, according to a House of Lords select committee.
