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.

The project will require legal input across all 28 EU member states.

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 launched in January 2018 and 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.

“We’ve been involved with the project since its inception, and look forward to helping the consortium realise its objectives.”

The study findings are expected to published later this year.