Energy - Power

Recent Articles

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  26.05.2023

  United Kingdom

  Con­sulta­tion on Le­gis­lat­ive Pro­pos­als for Off­shore Hy­dro­gen Pipelines and Stor­age

  IntroductionFollowing the Government’s Hydrogen Transport and Storage Infrastructure Consultation, the Department for Energy Security and Net Zero (“DESNZ”) has announced a consultation for offshore hydrogen pipelines and storage (the “Consultation”). The proposals within the Consultation are hoped to enable and realise first-of-a-kind offshore hydrogen projects, supporting the UK’s ambitions to produce 10GW of clean hydrogen by 2030.The Consultation focuses on two particular areas for legislative change:(1) the granting approval for the construction; and(2)...

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  26.05.2023

  United Kingdom

  Hy­dro­gen pro­duc­tion – draft con­tract pub­lished

  On 19 May 2023, the Department for Energy Security & Net Zero (“DESNZ”) published the draft 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”), which serves as the primary contract between the hydrogen producers and LCCC, the government-owned counterparty.The contract structure will mirror that of the AR4 CfD and the CCUS programme contracts (i.e. the DPA), with the Front-End Agreement containing project-specific...

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  25.05.2023

  International

  North Sea Strikes and Force Ma­jeure

  The latest in a series of strikes by oil & gas workers in the North Sea continues to test the operation and efficacy of force majeure (“FM”) provisions in oil and gas industry contracts.There is no single “industry standard” FM clause, and so each contractual FM clause must be carefully considered in its contractual context to determine how it operates.With many North Sea oil and gas industry contracts based on industry model forms, such as LOGIC and OEUK (formerly OGUK), we consider below the impact of the recent (and proposed) North Sea strike actions.  A review...

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  23.05.2023

  Hungary

  Hun­gary launches new re­gistry and re­gis­tra­tion pro­ced­ures for com­pan­ies as of 1 Ju­ly 2023

  A new bill has been recently proposed to the Hungarian parliament, which aims to amend various acts that, among others, include a proposal to postpone the entry into force of Act XCII of 2021 on the Registry and Registration Procedure of Legal Persons from the originally planned date of 1 July 2023 to 1 January 2026. According to the bill's explanatory memorandum, entry into force of the Act is to be postponed to provide more time for legal practitioners to prepare for the systematic reforms the Act intends to introduce. The proposal has not yet been adopted by the Hungarian parliament.Hungary...

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  16.05.2023

  United Kingdom

  Ofgem con­sulta­tion on con­sumer stand­ards for sup­pli­ers

  Ofgem has published a consultation on new consumer standards for energy suppliers.   The key proposals are:enhancements to customer service standards in two “priority areas”, being the ease with which customers can contact suppliers, and the support provided to customers who are struggling with bills; andan ‘overarching framework’ to underpin customer service standards. Ofgem states that the intention of the overarching framework is to be ‘forward looking’, ensuring that as energy market regulation is developed, customer service standards are maintained.These...

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  12.05.2023

  Europe

  Con­sulta­tion on the EU’s in­ter­im emis­sions re­duc­tion tar­get for 2040

  Until 24 June 2023 the European Commission is consulting to gather views on the EU’s climate target for 2040.Since the Communication of the European Green Deal in late 2019, there have been a raft of significant new legal and policy measures and the re-evaluation of all existing law through the lens of achieving climate neutrality by 2050. At the heart of the European Green Deal is the European Climate Law, which establishes the framework for achieving climate neutrality by 2050 and a binding intermediate emissions reductions target of at least 55% (compared to 1990 levels) by 2030. However,...

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