UK Autumn Statement 2022 – Electricity Generator Levy

As confirmed in the 2022 UK Autumn Statement, the UK Government will be introducing the electricity generator levy (formerly known as the “revenue cap” or the “Cost-Plus Revenue Limit”). Following the Autumn Statement and the enactment of the Energy Prices Act 2022, the Government’s technical note regarding the electricity generator levy provides further information in relation to the electricity generator levy.

For more details about the levy and the implications, please refer to our article here.

We are continuing to closely engage with key stakeholders in the energy sector, as well as working with leading corporates, funds and financial institutions as they progress and structure their renewable energy transactions in the current climate. Please do get in touch if you would like to discuss with our sector-leading energy team on the legislative and regulatory regime and how your business might be affected by it!