Energy Act 2023
Official Summary
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.
Summary powered by AnyModel
Overview
This amendment to the Energy Bill mandates the Secretary of State to investigate and address obstacles hindering the growth of community-owned renewable energy projects within 18 months. A report detailing findings and proposed solutions must be submitted within six months of the consultation's conclusion.
Description
This amendment inserts a new clause into the Energy Bill, focusing on supporting "community energy schemes." These are defined as low-carbon and renewable energy projects partly or wholly owned by community organizations.
Key aspects:
- Consultation: The Secretary of State must consult with various stakeholders, including community energy generators, industry representatives, electricity providers, and energy suppliers, to identify barriers to community energy development.
- Timescale: The consultation must be completed within 18 months of the Act's passing. A response with proposals to overcome identified barriers is required within six months of the consultation's close.
- Scope: The amendment targets barriers to the development of community-owned renewable energy, aiming to promote local energy generation.
Government Spending
The amendment doesn't specify direct government spending. The cost will depend on the resources allocated to the consultation and the implementation of any subsequent proposals to remove barriers. No figures are provided in the amendment text.
Groups Affected
- Community energy organizations: Potentially positively affected by the removal of barriers to project development.
- Renewable energy industry: Could see increased activity and investment if barriers are successfully addressed.
- Electricity transmission and distribution industries: May be impacted by changes resulting from increased community energy generation.
- Licensed energy suppliers: Could face adjustments to the energy market if community energy schemes become more prevalent.
- UK Government: Will incur costs associated with the consultation and potential policy changes.
Powered by nyModel
DISCLAIMER: AI technology is not 100% accurate and summaries may contain errors, use at your own risk. Munro Research holds the copyright for all summaries found this website. Reproduction for non-commercial purposes is permitted but must be displayed alongside a link to this website. Contact info@munro-research to license commercially.