Energie - Electricité

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  •  
    13/03/2024
    International

    After EU Commission's first decision on Carbon Contracts for Difference, Germany initiates bidding of EUR 4bn

    The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Following the Commission's decision, on 12 March 2024 the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) initiated the first bidding process with a total volume of EUR 4bn. With this funding scheme, Germany is taking a pioneering role in Europe and internationally in the field of state aid for climate protection. Concept of contracts for differenceA contract for difference entitles...
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  •  
    12/03/2024
    United Kingdom

    Significant steps taken to implement Early Competition in onshore transmission with release of Regulations and further consultation

    On 20th February 2024 the Electricity (Criteria for Relevant Electricity Projects) (Transmission) Regulations (the “Regulations”) were published. Due to come into force on 12th March 2024, the Regulations set out the criteria that onshore electricity transmission projects must meet in order to be eligible for Early Competition.  The publication of the Regulations follows the body of work done to date on Early Competition which we recently outlined in our article in December 2023.“Early Competition” has been defined by Ofgem as competition which is run before detailed...
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  •  
    05/03/2024
    Ukraine

    Ukraine further simplifies procedure for changing land-plot designations for energy and industrial construction

    On 6 February 2024, the Ukrainian parliament passed Law No. 3563-IX “On Amendments to Certain Legislative Acts of Ukraine to Engage Investments for the Purpose of Quick Rebuilding of Ukraine”. On 26 February 2024, the President of Ukraine signed this draft legislation into law.This law builds upon previous legislative initiatives aimed at simplifying procedures related to changing the designated purpose of land. In 2022, parliament streamlined the process for changing the designated purpose of lands for relocated enterprises, river ports and critical infrastructure.By enacting Law No....
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  •  
    06/02/2024
    England and Wales

    UK hydrogen production – January 2024 updates to LCHA terms

    Introduction On 25 January 2024, the Department for Energy Security & Net Zero (“DESNZ”) shared with key industry stakeholders 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 article outlines the key updates made to the LCHA since the last draft update in November 2023, on which you can read our commentary here. For commentary on the most recent developments in UK hydrogen production...
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  •  
    01/02/2024
    United Kingdom

    UK Government consults on AR7 and future CfD Allocation Rounds

    1. IntroductionOn 11 January 2024, the Department for Energy, Security and Net Zero (“DESNZ”) published a consultation seeking views and supporting evidence on the proposed changes to the seventh Allocation Round (“AR7”) of the Contracts for Difference (“CfD”) scheme and long-term policy considerations concerning future CfD rounds (the “Consultation”). Our commentary on the previous CfD AR6 consultation and the government response to this can be found here.2. Consultation on the Future of the CfD SchemeIn light of recent challenges faced...
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  •  
    31/01/2024
    United Kingdom

    A long time coming: DESNZ publishes long duration storage consultation

    The Government’s long duration electricity storage consultation, published on 9 January 2024 (the “Consultation”), aims to address the challenges and opportunities associated with investment into long duration electricity storage (“LDES”). The Consultation outlines a comprehensive policy framework based on a cap and floor support mechanism, including potential design parameters, eligibility criteria and delivery routes. The deadline for submitting responses to the Consultation is 5 March 2024.The Consultation states that deploying up to 20GW of long duration electricity...
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