News & Analysis as of

Energy Market United Kingdom

Latham & Watkins LLP

Unpacking the UK-EU Deal: What Lies Ahead for Energy and Carbon Markets?

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The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more

A&O Shearman

The UK Electricity Generator Levy

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Electricity Generation Levy Update....more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 7

SEC to Inspect Firms for Compliance With New Advertising and Solicitation Rule - November 4 is the compliance date for the new rule governing advertising and solicitation activities by investment advisers. The new rule...more

Latham & Watkins LLP

UK Government Announces Support for CCUS Development in Energy Security Bill

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The announcement underscores the continued focus on carbon capture, utilisation, and storage in UK energy policy in recent years. On 6 July 2022, the UK government introduced the Energy Security Bill (the Bill) to...more

Orrick, Herrington & Sutcliffe LLP

Energy Profits Levy – UK Windfall Tax on Oil and Gas Companies

The UK Government has announced a temporary new Energy Profits Levy, widely described in the media as a “windfall tax”, on the profits of oil and gas companies operating in the UK and the UK Continental Shelf. This follows...more

BCLP

How to Become a Nuclear Company

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As we discussed in our earlier Article, the Nuclear Energy (Financing) Act, 2022 (the “Nuclear Act”) enacted by the UK Government on 31 March 2022 aims to promote the regulated asset base (“RAB”) model as a method of funding...more

White & Case LLP

Global Hydrogen Guide: Emerging Policy and Regulatory Initiatives – Edition 2

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White & Case’s Global Hydrogen Guide provides an overview of the fast emerging hydrogen policy and regulatory initiatives being pursued around the world, as well as a snapshot of global hydrogen development activity. Edition...more

White & Case LLP

Ofgem opens the door for third party finance providers to participate in the Supplier of Last Resort process

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The week between Christmas and New Year is not, traditionally, a time when Ofgem pushes out consultations on licence modifications. Nevertheless, on 30 December 2021, just such a consultation appeared. Perhaps, given the year...more

BCLP

I’m dreaming of a White Paper…

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An early Christmas present in the form of the Government’s long awaited Energy White Paper “Powering our Net Zero Future” was finally gifted to us last week. We have digested the White Paper with our festive hats on and set...more

A&O Shearman

Powering our net zero future: Ten observations on the UK Energy White Paper 2020

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The market has been waiting for the Energy White Paper since June 2018 (even before the Russia World Cup saw England’s semi-final “levelling up” at the hands of Croatia and Boris Johnson’s elevation as Prime Minister). At...more

K&L Gates LLP

Hydrogen Rising: EU and UK Hydrogen Strategies and Incentives

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Giovanni Campi, Francis Iyayi, and David Wochner discuss present and future hydrogen incentives offered within the European Union and the United Kingdom....more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK: Energy – Key Takeaways from the Energy Sector under Lockdown: Month 1 – Update

As we draw an end to the first month of the UK lockdown, we have seen committed efforts by the government and regulatory bodies towards addressing the ongoing effects of COVID-19 in a pragmatic and supportive manner. ...more

Latham & Watkins LLP

Competition Law in the Energy Sector: What to Look Out For in 2020

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Ofgem’s recently announced goals and developments and changes to the post-Brexit state aid regime will have important implications for market players. 2020 is set to be a an important year for competition law-related...more

BCLP

Ofgem Guidance on the Need for a Supply Licence for Supplying Electricity to Chargepoints and EVs

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Ofgem has issued guidance on when a supply licence may be needed for supplying electricity to electric vehicle chargepoints. This article takes a look at the guidance and sets out what it may mean for the EV industry....more

BCLP

Grid Stability in the Age of Decarbonisation

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Grid disruption which results in blackouts is big news and often leads to public uproar and much finger pointing. The lightning strike that led to a blackout in parts of the UK in early August was widely reported and is the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - September 2018 #3

China Says to Impose 10 Percent Tariff on U.S. LNG from September 24; Keeps U.S. Crude Oil Off List - "China announced retaliatory tariffs on an additional $60 billion worth of U.S. imports that included a 10 percent...more

Orrick, Herrington & Sutcliffe LLP

Energy Storage Update - 2018

Battery energy storage is the most significant development for the electric grid since the explosive growth in renewables deployment over the past decade. Efforts to promote energy storage are moving rapidly throughout the...more

Hogan Lovells

Brexit White Paper: energy market remains largely in the dark

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The UK Government published its White Paper on The Future Relationship between the UK and the EU on 12 July 2018. In that White Paper, the UK Government reaffirmed its commitment to broad cooperation on energy post Brexit,...more

Hogan Lovells

Brexit crash landing – key issues for the energy sector

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Given what is happening at a macro political level, a Brexit crash landing looks increasingly possible. It's the worst case scenario for the UK's energy markets....more

Hogan Lovells

Brexit: can the energy sector learn from financial services?

Hogan Lovells on

It seems axiomatic that immediately prior to the UK’s exit from the EU on 29 March 2019, the UK's domestic laws (in England and Wales, Scotland and Northern Ireland) will be aligned with EU law....more

Latham & Watkins LLP

How Will Brexit Impact Environmental and Energy Law?

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Following the recent UK referendum result, attention is now turning to the legal implications for specific policy areas. While the overwhelming majority of the UK’s environmental legislation is derived from EU...more

Goodwin

The Blockchain: Beyond Bitcoin

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Blockchain - While many people in the U.S. are still skeptical that bitcoin will become a mainstream currency, both private and public sectors are gaining interest in the idea that the underlying blockchain technology...more

King & Spalding

The Brexit – Energy Markets

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The UK electorate has now voted in favour of the UK leaving the European Union. The impact on the energy market may be significant given the economic uncertainty and impact on the regulatory environment. Much remains...more

Latham & Watkins LLP

Private Equity Goes Green

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In December 2015, world leaders met to negotiate the Paris Agreement. Setting aside whether the Paris Agreement goes too far, not far enough or is just right, one cannot dispute that government commitments to limit an...more

Mintz - Energy & Sustainability Viewpoints

DOE Releases 2014-2015 Offshore Wind Technologies Market Report

On September 29, 2015 the Department of Energy released the 2014-2015 Offshore Wind Technologies Market Report, assessing the nation’s offshore wind potential and planned projects through June 30, 2015. The report summarizes...more

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