Energy - Power

Recent Articles

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  12.09.2023

  Ukraine

  The adoption of the law for prevention of abuse in wholesale energy markets (REMIT)

  The law No. 3141-IX “On making amendments to certain laws of Ukraine for prevention of abuse in wholesale energy markets” (“Law No. 3141-IX”)[1] was adopted on 10 June 2023 and entered into force on 2 July 2023, except for certain provisions that will come into force later[2]. The Law No. 3141-IX is aimed at implementation of the Regulation (EU) № 1227/2011 on wholesale energy market integrity and transparency (“REMIT”[3]).The implementation of REMIT by adopting the Law No. 3141-IX is an essential step for compliance of Ukraine with its obligations as a...

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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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  30.08.2023

  United Kingdom

  Hydrogen production – updated LCHA terms published

  On 9 August 2023, the Department for Energy Security & Net Zero (“DESNZ”) published an updated full-form front end agreement (the “Front End Agreement”) and standard terms and conditions (the “Standard Terms and Conditions”) for the Low Carbon Hydrogen Agreement (together the “LCHA”).This follows on from the draft that was published by DESNZ on 19 May 2023. This article provides commentary on the key changes in this latest draft, and summarises the position in relation to key terms of the LCHA.For further commentary on the latest developments...

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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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  04.08.2023

  Bulgaria

  Bulgaria's Ministry of Energy proposes es­tab­lish­ment of energy communities

  A bill amending and enhancing the Energy Act, proposed by the Bulgarian Ministry of Energy (MoE), has entered the public discussion stage. The MoE published their proposed draft amendments to the legislation, which transposes the provisions from Directive (EU) 2019/944. The primary objective of the proposed bill is to facilitate the liberalisation of Bulgaria's energy market. For this to be achieved, the draft suggests several critical changes to the existing Act. The first step would be eliminating the National Energy Company’s role as the Public Supplier, which would promote competition...

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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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