Electricity Market Reform covers the UK government’s framework for encouraging investment in low‑carbon electricity and secure supply. It includes mechanisms such as Contracts for Difference, Capacity Market, and potential reforms to the electricity market design, auctions, and the interaction with network charges. A solicitor practising EMR helps clients navigate drafting and negotiating CFD, Capacity Market participation rules, connection and procurement processes, and compliance with BEIS and Ofgem regimes, advising on risk allocation, regulatory approvals, and dispute handling with industry bodies.
What a solicitor handles in these matters
EMR work involves understanding the specific schemes (CFDs, Capacity Market) and the regulatory framework from BEIS and Ofgem, the preparation of bids and contracts, and the interactions with generators, suppliers, and developers. It covers the drafting and review of documentation, compliance reporting, auction participation, and handling notices, penalties, and regulatory changes that affect project economics and project viability.