Shepherd and Wedderburn acts as lead legal adviser to EU-wide energy framework review
Shepherd and Wedderburn is lead legal adviser to an international consortium that is examining how electricity and gas frameworks across the EU incentivise innovation and the security of energy supplies.
The consortium – led by Ecorys and comprising Consentec, Ramboll Denmark, TU Wien and Shepherd and Wedderburn – has been awarded funding by DG Energy, which develops European Commission energy policy, to carry out the EU-wide research analysing how the existing national regulatory frameworks in EU member states guide and incentivise electricity and gas transmission system operators (TSOs) to undertake investments.
The consortium will examine how electricity frameworks across the EU incentivise innovation and the security of energy supplies.
This research, covering all 28 EU member states, now seeks to survey different stakeholders to gather their views on electricity and gas infrastructure investment levels and supporting regulation in specific Member States.
The survey will only take a few minutes to complete and all responses will be treated as private and confidential.
Shepherd and Wedderburn will project manage input from 27 other law firms who are members of the Energy Law Group, a specialist legal network of energy and natural resources specialists and the World Services Group, an independent network comprising 130 independent member firms spanning legal, investment banking and accounting services.
The research project is expected to provide policy options which will ensure regulatory frameworks are fit for purpose to meet Europe’s energy and climate objectives.
Liz McRobb, a partner and regulatory specialist at Shepherd and Wedderburn, said: “We’re excited to be part of a project of this scale, and are looking forward to helping the consortium realise its objectives.”
The study findings are expected to published later this year.