Energy - Conventional Power

Recent Articles

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  05.09.2023

  Oman

  The New Oman Social Protection Fund Law - Key Changes

  The Sultanate of Oman as a welfare state has for long operated under the old Public Authority for Social Insurance (PASI) Law (Royal Decree 72/9). Recently however, Oman has enacted the novel Social Protection Fund Law (SPFL) (Royal Decree 52/2023) in an attempt to enhance its social welfare framework by creating a single and unified social protection fund that improves financing and provides a wide range of benefits to workers and their families. This article provides an overview of some of the key aspects of the new law and compares it with its repealed predecessor, by highlighting the key impacts...

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  30.08.2023

  United Kingdom

  Top of the class, or a carbon copy? Exemptions from the requirement to hold a carbon dioxide transport and storage licence

  Part 1 of the Energy Bill that is currently making its way through Parliament (the “Energy Bill”) envisages a licensing regime with respect to the transportation and storage (“T&S”) of carbon dioxide (see previous Law-Now articles in our CCUS series, including the latest here, in this regard). On 16 August 2023, the Department for Energy Security & Net Zero (“DESNZ”) published a call for evidence (the “Call for Evidence”) relating to its proposed exemptions from the requirement to hold a licence under this regime, intended to be introduced...

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  11.08.2023

  United Kingdom

  Availability of Electricity Network Connections: Update on Key Reforms and Initiatives

  The scarcity of electricity grid connection capacity available in areas across Great Britain (and beyond) is fast rising to the top of the agenda for businesses across a broad range of sectors. The findings of the Electricity Networks Commissioner, appointed by the Government to report on these challenges, have recently been published. This has come on top of a very wide range of other shorter and longer term initiatives seeking to tackle various aspects of the issue of grid capacity. In this Law-Now we bring together a summary of the Electricity Networks Commissioner’s key recommendations...

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  03.08.2023

  United Kingdom

  UK Government Responds on the Future of the CfD Scheme

  On 12 July 2023, the Department for Energy, Security & Net Zero (“DESNZ”) published a summary of the responses (the “Consultation Response”) to the December 2022 consultation on policy considerations for future rounds of the Contracts for Difference (“CfD”) scheme (the “Consultation”). The Consultation ran from 14 December 2022 to 7 February 2023 and sought views on specific changes proposed for Allocation Round 6 (“AR6”), as well as early views on longer-term policy considerations for rounds beyond this. This is an update to the Consultation...

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  26.07.2023

  United Kingdom

  A Touch of Class: Update on Electricity Licence Exemptions Consultation

  It has been almost three years since the UK Government published its October 2020 short call for evidence (the “Consultation”) on reform of the electricity licence exemptions regime in Great Britain (see our previous Law-Now on this here). However, the Department for Energy Security and Net Zero (“DESNZ”) has now moved things along by publishing a summary of the responses received (the “Response Summary”) together with a brief indication of its proposed next steps. In this update, we briefly draw out some of the key points raised in the Response Summary.A key...

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  25.07.2023

  United Kingdom

  Consultation on the Inflexible Offers Licence Condition (IOLC) – Update

  In a previous article, we looked at Ofgem’s proposals to introduce the so-called “Inflexible Offers Licence Condition” (“IOLC”) into the standard conditions of the electricity generation licence, intended to bring an end to certain specific practices by which Ofgem considers generators to be “abusing” the Balancing Mechanism (“BM”) to achieve excessive profits, ultimately at the cost of consumers. Having reviewed the responses to its February consultation, Ofgem has decided to proceed with its proposal to introduce the IOLC, and published its...

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