The Energy Act 2023 (c. 52) is an act of the Parliament of the United Kingdom
The act's aim is for the security and independence of energy supply in the United Kingdom using different methods, including nuclear, oil, gas, hydro and wind. In turn, it is hoped that people's energy bills will decrease after this.
The act received royal assent on 26 October 2023.
Contents The Energy Act 2023 contains 14 main parts.
Part 1 Licensing of carbon dioxide transport and storage Part 2 Carbon dioxide capture, storage etc and hydrogen production, transport and storage Part 3 Licensing of hydrogen pipeline projects Part 4 New technology Part 5 Independent System Operator and Planner Part 6 Governance of gas and electricity industry codes Part 7 Market reform and consumer protection Part 8 Heat networks Part 9 Energy smart appliances and load control Part 10 Energy performance of premises Part 11 Energy Savings Opportunity Schemes Part 12 Core fuel sector resilience Part 13 Offshore wind electricity generation, oil and gas Part 14 Civil nuclear sector The act established the National Energy System Operator (NESO).
Parliamentary passage The bill for the act was introduced in the House of Lords on 6 July 2022 by Lord Callanan, piloted through the House of Commons by Grant Shapps, and had its third reading in the House of Commons on 5 September 2023. The act was considerably amended through both Houses of Parliament, and is one of the largest pieces of energy legislation to ever be created.
During the passage of the bill, conflicting amendments were tabled by different groups of Conservative MPs.
Implementation The name of the Independent System Operator and Planner was later announced to be the National Energy System Operator (Neso), to be operational on the 1 October 2024.
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