Report assesses the impact of the energy profits levy on investment in the UK Continental Shelf

A research paper carried out by Professor Alex Kemp and Artuto Regaldo at the University of Aberdeen modelling the effects of the Energy Profits Levy (Windfall Tax) on investment in the UKCS finds that, under realistic assumptions, investment in at least some new field developments, particularly relatively small ones, is likely to be discouraged.

A copy of the full research paper is available for download below. Please note the study is embargoed to 00:15hrs on Wednesday, March 8.

Professor Kemp is happy to be contacted by media directly to discuss the paper. He can be reached by email at a.g.kemp@abdn.ac.uk or phone on 01224 272168.