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Offshore Renewable Energy Development in the British Islands: Legal and Political Risk

Glen Plant

Part 1: Energy Policy and Electricity Market Reform

Offshore renewable energy (ORE) development forms a central pillar of UK plans for a largely decarbonised economy by mid-century. To reach ambitious climate change targets and a related renewable energy target, however, step changes are needed in levels of investment in offshore generating stations, electricity transmission networks and related supply chains. Key aims are driving down costs and delivering short-term certainty and longer-term visibility for investors. The law will play a major part in meeting both aims, through two mechanisms: electricity market reform, discussed in this first part of a two-part article; and removing barriers by improving major infrastructure planning, marine planning, licensing consents, environmental management, electricity grid access and marine use accommodation processes, all discussed in the second part to appear in the September issue of RELP.


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