Energy - Power

Recent Articles

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  14/04/2025

  United Kingdom

  Power projects: the autonomous nature and commercial importance of on-demand bonds

  In Power Projects Sanayi Insaat Ticaret Limited Sirketi v Star Assurance Company Ltd [2024] EWHC 2798 (Comm), the English Commercial Court has reinforced the pivotal role of on-demand performance bonds in international commerce, particularly within the power industry. The Commercial Court’s ruling underscores the autonomous nature of on-demand bonds, which require payment upon demand without further proof or investigation, barring clear evidence of fraud. In turn, this underscores the benefits of a carefully drafted performance bond that emphasises the stringent obligations on, and limited...

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  14/04/2025

  England and Wales

  Opportunities and Challenges in the UK's Hydrogen Market: Key Takeaways from the OEUK Hydrogen Insight 2025

  Introduction Offshore Energies UK (“OEUK”) has published its first Hydrogen Insight 2025 Report (the “Report”) on the opportunities and challenges in the UK’s emerging hydrogen market.  We summarise the key takeaways from the Report below to assist key stakeholders within the hydrogen sector in the UK (or those looking to invest in the UK) in navigating this evolving landscape.The Role of Hydrogen in Achieving Net ZeroHydrogen is poised to play a crucial role in the UK's (and many other countries’) journeys towards net zero emissions by 2050 (see the...

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  14/03/2025

  United Kingdom

  Long Duration Energy Storage - the cap and floor regime starts to take shape

  Following October 2024's long-anticipated response (the “Response” – on which our commentary is available here) to its consultation on long duration energy storage in Great Britain (“LDES”), the Government continues development of the framework for providing LDES projects with a cap and floor support mechanism. On Wednesday 11 March 2025, DESNZ and Ofgem jointly published their Technical Decision Document (the “TDD”), which provides developers, investors and funders with much-needed additional detail on the cap and floor scheme (the “Cap and Floor...

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  12/03/2025

  Scotland

  Planning and In­fra­struc­ture Bill: Building up to Big Change in Scotland

  The Scottish and UK Governments have published results of their consultation on reforms to the electricity infrastructure consenting system in Scotland, with a dramatic ‘shake-up’ of the current system proposed. While developers will welcome some measures to streamline the process and reduce challenge risk, the reforms will also impose new consultation obligations likely to make pre-application more time-consuming and costly.Reform of the electricity infrastructure consenting system in Scotland, where it can currently take up to four years to issue a decision in some cases, is essential...

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  11/02/2025

  Ukraine

  Ukraine restores mandatory greenhouse gas emissions reporting

  On 8 January 2025, the Ukrainian parliament adopted a Law of Ukraine No.4187-IX «On Amendments to Certain Legislative Acts of Ukraine on the Restoration of MRV of GHG Emissions» (Law No. 4187) that aims to put again in force the mandatary registration and reporting requirements in the field of Greenhouse Gas (GHG) emissions established by the Law of Ukraine No.377-IX «On Principles of MRV of GHG emissions» dated 12 December 2019 (Law No. 377).BackgroundBack in January 2021, Ukraine introduced a System of Monitoring, Reporting and Verification (MRV) of GHG emissions, an important...

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  05/02/2025

  United Kingdom

  The Department for Energy Security & Net Zero responds to the second REMA Consultation

  1. REMA Autumn UpdateAmongst the flurry of other policy announcements and consultations, DESNZ published their autumn update on the Review of Electricity Market Arrangements (REMA) in December 2024 (“Autumn Update”) together with a summary of consultation responses to the previous REMA consultation. The Autumn Update provides an update on feedback gathered from the second REMA Consultation of March 2024, and ongoing dialogue with stakeholders. This update is crucial for stakeholders as it outlines potential changes to wholesale market pricing and the Contracts for Difference (CfD) scheme,...

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