City energy lawyers have welcomed last week’s Government energy review, with plenty of work expected across all sectors.
It is not just energy lawyers who will reap the benefits of the Government’s review, with the expected surge in newbuild projects likely to create work for planning, construction, corporate and finance lawyers.
While the prospect of newbuild nuclear plants has been grabbing the headlines, the review promises opportunities across a range of energy-generating sources, including renewables.
CMS Cameron McKenna energy partner Robert Lane said: “It’s quite an exciting time to be involved in energy law. There’s a lot of work to be had and there are a lot of skills and innovations that will need to be discovered to deliver what’s needed.”
Denton Wilde Sapte energy, transport and infrastructure head Christopher McGee-Osborne said: “This have given a clear policy framework for a rise in domestic energy work. It’s going to be a big boost to this practice area.”
An overhaul of the planning system would cut construction times and a spurt in newbuild nuclear projects would provide a multi-practice bonus for successful firms.
The Government will now hold a series of consultations on various issues and will produce a nuclear white paper by the end of the year, marking opportunities for immediate work for lawyers as they advise clients on the best lobbying strategies.