Energie - Electricité conventionnelle

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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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  •  
    16/01/2024
    United Kingdom

    Energy Sector: Is this REUL-ly happening? Update on the Retained EU Law (Revocation and Reform) Act 2023

    We reported in 2022 on the introduction to Parliament of the Retained EU Law (Revocation and Reform) Bill (the “Bill”). The legislation underwent some significant amendments before the ultimate enactment of the Retained EU Law (Revocation and Reform) Act (the “Act”) in June 2023. In this Law-Now, with the end-of-2023 sunsetting deadline just having passed (and even as the President of the European Commission publicly invites the younger generation to “fix” the UK’s departure from the EU), we briefly look at what has and has not changed since our previous...
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  •  
    22/12/2023
    United Kingdom

    Great ex-formations – December 2023 update on CCS developments

    Since our July article on the development of the TRI licence, the evolution of the legal, regulatory and commercial landscape for the transportation and storage within repurposed geological formations of carbon dioxide (“CO2 T&S”) has continued apace. The Energy Act 2023, providing for matters including a new economic licensing regime for CO2 T&S (see our recent article on this here) and a framework for revenue support arrangements for CO2 T&S network operators (“T&SCos”), industrial CCS emitters and blue hydrogen producers, has been enacted. The Government...
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  •  
    22/12/2023
    United Kingdom

    Ofgem Provides Update on Development of Competition in Onshore Electricity Transmission

    On 14 December 2023 Ofgem released an update on the development of competition in onshore electricity transmission (the “Update”) setting out its intended focus during 2024. This update is in response to the Government’s Transmission Acceleration Action Plan (the “TAAP”), published on 22 November 2023, which we reported on here. The TAAP committed to introducing competition to the onshore electricity networks as soon as reasonably possible, aiming to identify the first eligible project for competition in the summer of 2024. The TAAP outlines the Government’s...
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  •  
    22/12/2023
    United Kingdom

    Energy Act 2023: creative licence – overview of carbon dioxide and hydrogen transportation and storage licensing provisions

    Following our general update on the enactment of the Energy Act 2023 (EA23), this article looks in a little more depth at Parts 1 and 3 of EA23 regarding the new licensing regime for the transportation and storage of carbon dioxide (CO2 T&S) and the extension of the existing gas transporter licensing regime for hydrogen pipeline projects. While EA23 received royal assent on 26 October 2023, Parts 1 and 3 are due to come into force on 26 December 2023.Map of applicable licensing regimesA substantial matrix of legislation will be relevant to the operation of CO2 T&S and hydrogen networks,...
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  •  
    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...
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