Update on electricity market reform

By Chris Andrew and Mark Walker

In the next decade, a fifth of existing UK generating capacity will come offline. The Department of Energy & Climate Change (DECC) estimates electricity demand growth of 30–100 per cent by 2050.

DECC’s 2050 Pathways analysis shows that the decarbonisation of the generation sector by around 2030 is effectively a necessity for meeting the legal requirements of the 2008 Climate Change Act to reduce CO2 emissions by 80 per cent (1990–2050). 

The Fourth Carbon Budget commits the UK to a 50 per cent reduction by 2027, but a 2014 review will revise up the UK carbon budget to align with the EU, if the latter is on a different trajectory…

If you are registered and logged in to the site, click on the link below to read the rest of the Allen & Overy briefing. If not, please register or sign in with your details below.

Analysis from The Lawyer

  • Panel reviews

    Panel reviews 2014: The chosen ones

    Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all

  • training

    Accutrainee: Revolution postponed

    At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.

View more analysis from The Lawyer


One Bishops Square
E1 6AD

Jurisdiction: UK
No. of offices: 11
No. of qualified lawyers: 273