Energiewirtschaft - Alle

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  14/01/2025

  United Kingdom

  TMO4 plus ça change? Winter update on the “TMO4++” and wider electricity connection and network reforms in the Great Britain electricity market

  In this LawNow, we explore some significant recent regulatory developments in the context of electricity networks and connections, including in the Government’s Clean Power by 2030 Action Plan and NESO’s Connections Reform workstream / “TM04 ++”.These developments are likely to be of direct relevance to most businesses holding or applying for grid connections, especially connections for all generators and/or connections for demand (including e.g. data centres and other large demand sites) to the National Electricity Transmission Network.Read full article here.

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  07/01/2025

  United Kingdom

  The UK – Norway Green Industrial Partnership: A Collaborative Energy Transition?

  The UK Government has announced an intention to sign an agreement with Norway, establishing a Green Industrial Partnership (the “Partnership”). This agreement is expected to be signed in spring 2025. It is said to involve enhanced cooperating across a range of sectors, including future clean energy innovations, and to have the “potential to create thousands of new, skilled jobs in the UK, including by seizing on cross-border carbon capture opportunities under the North Sea”.  Assessing the specific features of the Partnership will only be possible once its terms are...

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  19/12/2024

  Großbritannien

  Hydrogen to Power - CfD/DPA/LCHA version of support planned for H2P projects

  On 9 December 2024, the UK government published in its response (the “Response”), to its 2023 consultation on the need for intervention in the ‘Hydrogen to Power’ market (the “2023 Consultation”). The government intends to de-risk investment in hydrogen to power (“H2P”) and will do so by providing a subsidy mechanism that will take the form of an H2P business model based on elements of the CCUS Dispatchable Power Agreement (“DPA”). The government also expects that in due course H2P will be able to compete with other technologies and deploy...

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  09/12/2024

  Vereinigte Arabische Emirate

  En­forcea­bi­li­ty of unilateral option arbitration agreements in onshore Dubai - the Court of Cassation finally adjudicates

  IntroductionAlthough not commonly adopted in GCC construction contracts, commercial instruments sometimes include a unilateral option arbitration agreement (‘UOAA’). The UOAA essentially allows one party to decide at the time a dispute arises whether it should be resolved through court litigation or arbitration. There may be practical reasons for including a UOAA, or it might be imposed by a party possessing stronger bargaining power seeking to ‘hedge its bets’ against being tied to one dispute resolution method if a dispute occurs.The enforceability of arbitration agreements...

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  06/12/2024

  England and Wales

  Energy performance of buildings consultation launched

  Summary  On 4 December 2024 the Government launched a consultation on reforms to the energy performance of buildings regime. The topics covered include improving the applicability, quality and data usage of energy performance certificates in domestic and non-domestic buildings, refining requirements for energy performance certificates and display energy certificates, and updating the metrics of energy performance certificates. This is an opportunity for the property industry to give its views on reform of the legislative position on the energy performance of buildings. The period for responding...

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  04/12/2024

  Ungarn

  Hungary to introduce new statistical clas­si­fi­ca­ti­on for economic activities on 1 January 2025

  As of 1 January 2025, a new version of the statistical industrial classification of activities (NACE’25) will replace the currently applicable classification system (NACE’08). The change was mandated by EU legislation, and as a result from 1 January 2025 economic activities pursued by Hungarian companies must be classified according to the new NACE’25.Hungary’s parliament has just adopted the act outlining the obligations of Hungarian companies regarding the upcoming changes to the activity-classification system specified below.Until 31 January 2025, the National Tax and...

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