Energía petróleo gas

Artículos Recientes

•  

  07.12.2023

  Middle East, UK

  COP28 Update – 7 December 2023

  COP28 has seen a host of pledges and agreements, and the CMS team has been reflecting on the announcements and sharing their experiences of COP28 on the CMS COP28 Hub. Here, we roundup the latest commentary from our team at COP28.  CMS CommentaryFunding + reskilling + data + consumer engagement = energy transition success?A roundup of the engaging and motivating discussion at the COP28 Energy Leaders Roundtable Dinner, discussing funding, the opportunities that reskilling brings, the role of data and the importance of consumer engagement in driving the energy transition.Read more here: Funding...

  Leer más
•  

  01.12.2023

  Middle East

  Sustainable Infrastructure in the UAE – Top 8 before COP28 mini series

  Sustainable and energy efficient infrastructure is essential for achieving ambitious carbon neutrality goals on a global scale. In 2018, the buildings and construction sector accounted for 36% of final energy use and 39% of energy and process-related CO2 emissions.[1] The United Nations Environment Programme’s 2022 Global Status Report for Buildings and Construction highlights that, although there has been an increase around the world in investment and resultant success at lowering the energy intensity of buildings, the energy consumption and CO2 emissions in the buildings and construction...

  Leer más
•  

  29.11.2023

  Middle East

  COP28 Ahead: Carbon Capture, (Utilisation) and Storage

  With the continual global rise in carbon dioxide (“CO2”) emissions, options exploring the reduction and removal of CO2 are being explored by the global community. Carbon capture usage and storage (“CCUS”) technologies have become even more topical as COP28 approaches and attention focuses on global and national net zero CO2 targets.Carbon capture and storage (“CCS”) involves capturing, compressing and transporting CO2 emissions to a storage site where it is injected underground for permanent storage, whilst CCUS technology additionally...

  Leer más
•  

  28.11.2023

  United Kingdom

  UK hydrogen production – further updates to LCHA terms

  Introduction On 21 November 2023, the Department for Energy Security & Net Zero (“DESNZ”) shared 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”) to members of the Hydrogen Production Business Model Stakeholder Forum.This article outlines the key updates made to the LCHA since the last draft update in August 2023. DESNZ notes that the revisions are in response to feedback from the stakeholder...

  Leer más
•  

  15.11.2023

  United Kingdom

  Ofgem Approves Queue Management Process to Manage Transmission Connections

  Ofgem published its decision on 13 November 2023 in relation to CMP376 that the “WACM7” modification should be made to the Connection and Use of System Code (“CUSC”) in order to implement queue management (“QM”) milestones into construction agreements for connection to the transmission system. The impact of this is that National Grid Electricity System Operator Limited (“NGESO”) will have greater powers (and in some cases an obligation) to terminate projects that are not progressing against their milestones, thus speeding up the connection process...

  Leer más
•  

  06.11.2023

  United Kingdom

  OEUK DSA – Calculation and Payment of Licensee’s share of Decommissioning Costs

  Parties to decommissioning security agreements are likely to be entering into an important phase of the typical process contained in these agreements. This year in particular, due to high inflation (and even with recent guidance released by Offshore Energies UK relating to inflation and discounting in relation to Net Value and Net Cost calculations), the calculations run are likely to have resulted in increased amounts needed to be secured. This Law-Now article focuses on the payment of these amounts and the alternative to paying these amounts in cash, all under the OEUK template PRT and Non-PRT...

  Leer más