Energiewirtschaft - Erzeuger

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  •  
    30.03.2023
    Europe

    EU re­form of electri­ci­ty mar­ket de­sign: The Com­mis­si­on's pro­po­sed re­form of the RE­MIT Frame­work

    On 14 March 2023, the European Commission (“Commission”) published its legislative proposals to reform the EU electricity market in a two-fold way:by amending Regulation (EU) No 1227/2011 of the European Parliament and of the Council (REMIT) to enhance the toolbox available to monitor and enforce market integrity and transparency (“REMIT Proposal”), andby amending the Regulation (EU) 2019/943 (Electricity Regulation) and Directives Nos (EU) 2018/2001 (RED II) and (EU) 2019/944 (Electricity Directive) to reform the electricity market design rules.In this first article of...
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  •  
    30.03.2023
    Großbritannien

    Law Com­mis­si­on Re­lea­ses Se­cond Con­sul­ta­ti­on Pa­per in Re­la­ti­on to the Ar­bi­tra­ti­on Act 1996

    The Law Commission of England and Wales has released its second consultation paper regarding potential revisions to the Arbitration Act 1996. In contrast to the First Consultation Paper issued in September 2022 covering many potential reforms, the Second Consultation Paper focuses on just three issues. The first potential reform—the governing law of the arbitration agreement—was added because a “significant number” of responses to the First Consultation Paper considered the need for reform in this area. Also, based upon the responses received to the First Consultation Paper,...
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  •  
    29.03.2023
    Großbritannien

    Lar­ge En­er­gy Users – Spring 2023 up­date on en­er­gy mar­ket re­forms

    Those who develop, own, operate, manage or occupy sites with large or complex energy needs are being required to engage with the energy sector like never before. This Law-Now continues our series focussing on the energy sector developments of particular relevance from the perspective of those responsible for sites with significant energy needs ("Large Energy Users”).  Among a range of issues, we are seeing the interlinked challenges and opportunities created by net zero commitments; securing and maintaining power capacity; and energy cost are all demanding the attention of those...
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  •  
    28.03.2023
    Europe

    Eu­ro­pean Par­lia­ment and Coun­cil re­a­dy to start ne­go­tia­ti­ons on EU Da­ta Act – Eu­ro­pe gets clo­ser to ad­op­ting a da­ta law

    In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the EU and will, similar to the GDPR, be applicable to businesses established outside the EU. The proposed regulation contains a set of rules defining how various forms of data can be used and by whom for purposes across all economic sectors with the aim of creating a new data-agile ecosystem. While the new law will bring new opportunities, it will also create legal challenges for all actors in the...
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  •  
    28.03.2023
    Großbritannien

    Em­ploy­ment ra­tes and li­mits - Chan­ges for April 2023

    April 2023 will see changes to employment rates and limits which are adjusted annually in line with the retail prices index. The RPI has risen significantly over the last year and statutory redundancy payments, employment tribunal awards and national minimum wage rates will all be affected. The key changes for employers to be aware of are outlined below.National minimum wageThe increases in the national minimum wage rates (including the national living wage rate) that apply from 1 April 2023 are as follows:for workers aged 23 and over, from £9.50 to £10.42 per hour;for those aged 21-22,...
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  •  
    24.03.2023
    International

    CMS Eu­ro­pean M&A Stu­dy 2023: Re­cord num­ber of deals last ye­ar de­s­pi­te chal­len­ging eco­no­mic back­drop

    The CMS Corporate/M&A Group is pleased to launch the 15th edition of the European M&A StudyIt has been a challenging year for M&A in view of rising inflation and interest rates, slowing growth and increased geopolitical tension, which have added up to a difficult macroeconomic environment. However, there have been plenty of deal opportunities, as demonstrated by the fact that our study covers a record 509 M&A transactions on which CMS advised in 2022. In a difficult M&A market, we are pleased with this result, which reflects the strength of our corporate offering throughout...
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