Legal Advisory Services for Hydrogen RAB Regime to Ofgem
Awarded 08 Feb 2023
About
Ofgem awarded a contract to Slaughter And May for expert regulatory legal support concerning the Hydrogen RAB regime.
The advice covered necessary powers and risks for the regulator, licence issuance mechanics and interaction with BEIS, licence modifications during different phases, interaction concerns including the Gas Act amendment approach and implications for other energy licences, subsidies, GSP, and potential storage regime design.
It also addressed high-level strategic concerns regarding the regime's direction to advise the steering economic advisor and Steering Board, as well as potential contagion risks for other energy and CCUS licensees.
The contract value was AUD 50,000.
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