The UK has a huge challenge ahead to reach Net Zero by 2050 at an estimated cost of around £1.5 trillion.
Decarbonising the energy sector is central to these ambitions. We must build more clean energy, energy storage and energy networks whilst maintaining a balanced portfolio of technologies to deal with fluctuating supply and demand. The UK has already made good progress but the pace of change must quicken.
Renewable energy generation and storage is also key to decarbonising other sectors, most notably industry and transport and of course the power and heat needed for our real estate.
Gerald Eve are working at the leading edge of this transition, advising on sectors including wind, solar, batteries, hydropower, hydrogen, data centres, gigafactories, nuclear, carbon capture and closure and repurposing of retired fossil power stations.
The services we provide span development and land transactions, business rates, capital markets, valuations, lease advisory and planning. We also see this growing sector as an alternative real estate investment class with a huge opportunity for investors to deploy capital into the Net Zero transition over the coming decade.
The energy transition has wide ranging implications for traditional real estate sectors and we are working with our landlord and occupier clients to understand how our offices, communities and logistics park will need to adapt to be Net Zero ready.
Our national energy team advises some of the sector’s leading names including: SSE, EDF Energy, Vattenfall, Greencoat, Uniper, Drax, BPand Horizon Nuclear Power. We are also advisors to the Energy UK, Solar Energy UK and the Energy Networks Association.
There are a variety of organisations and companies that can be found in the energy sector and each has an important role to play in providing consumers with energy.
Some of the businesses that fall under this sector include:
Clean energy has gained enormous traction and investment over the years and is consistently growing. Companies that provide renewable energies such as wind and solar power would fall under this category.
These kinds of businesses pump, drill and produce natural gas and oil and the production of this will involve pulling oil from the land.
Natural gas and oil need to be delivered from the site to a refinery in order to be refined into the final product. Property and companies in pipeline and refining are known as midstream providers.
Companies that provide coal are classified as energy companies as coal powers a variety of industries including plants.
Some businesses specialise in refining energy such as oil and gas into chemicals.
Our specialist team of surveyors understand all the sensitivities and challenges that come in the energy market and we work with clients on a range of transactional matters to provide advice that adds value and supports overall strategy. We have consulted on numerous large scale energy projects including solar, hydroelectric and nuclear installations. Either through acquiring sites, reducing costs on operational assets, or maximising value from retired assets, we provide the required advice throughout the whole asset life cycle.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |