News & Analysis as of

Regulatory Agenda Energy Sector United Kingdom

Skadden, Arps, Slate, Meagher & Flom LLP

Latest EU Sanctions Extend Asset Freezes, Restrict Oil Industry Dealings and Target ‘Shadow Fleet’

The European Union (EU) has reaffirmed its sanctions policy toward Russia by implementing two rounds of restrictive measures that are intended to further intensify pressure on Russia’s government and economy. Specifically,...more

A&O Shearman

Stormy skies for tech deals as antitrust scrutiny intensifies

A&O Shearman on

Tech sector deals are seeing rising mortality rates. AI partnerships are moving up the authorities’ agenda for scrutiny and enforcement. Overall, however, antitrust intervention in 2024 once again focused on transport, energy...more

Hogan Lovells

Energy Buzz: UK ETS Evolution

Hogan Lovells on

Extended Phase II – The UK ETS Authority consults on a variety of extension proposals Inter-Phase Banking – Surplus allowances from Phase I could be carried into Phase II of the extended scheme The UK Emissions Trading...more

Hogan Lovells

Energy Buzz: Gas shipper obligation

Hogan Lovells on

The UK government is advancing its commitment to a low-carbon economy by proposing a levy on gas shippers (the Gas Shipper Obligation (GSO)), a funding mechanism designed to support the Hydrogen Production Business Model...more

BCLP

Energy Performance of Buildings Regime - MHCLG and DESNZ Set Out Ambitious Targets in a New Consultation Building on the Previous...

BCLP on

The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more

Eversheds Sutherland (US) LLP

Global Supply Chain Horizons - December 2024

Welcome to the latest edition of our quarterly global supply chain horizons providing you with an update on the key developments from around the world - Asia - China: Export ban of critical minerals to the US - On December...more

A&O Shearman

UK energy: the new National Future System Operator and Clean Power 2030

A&O Shearman on

The new UK Government has taken several recent steps in its mission to achieve security of supply of affordable clean energy. We discuss its autumn flurry of energy and infrastructure related announcements in our article New...more

A&O Shearman

New UK Government bets big on energy and infrastructure

A&O Shearman on

UK energy and infrastructure developments have been coming thick and fast as the new Government gets its feet under the table. With the Autumn Budget headlining a flurry of announcements on energy and infrastructure policy...more

Pillsbury Winthrop Shaw Pittman LLP

Landslide Election Victory for UK Labour Party Marks Seismic Shift in UK’s Political Terrain

The Labour Party outlines areas of potential focus for the next UK Parliament. The UK Labour Party won a sizeable parliament majority in the UK general election on July 4, 2024, as it took 411 of the 650 seats in the UK...more

Paul Hastings LLP

A “special merger control regime” for Energy Network Enterprises

Paul Hastings LLP on

What has changed? The Energy Act 2023 introduces a new UK merger control regime under which all mergers between energy network companies active in the UK can be assessed for their impact on Ofgem’s ability to make comparisons...more

A&O Shearman

10 lessons in sustainability regulation

A&O Shearman on

Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

J.S. Held

2024 J.S. Held Global Risk Report: Business Implications From China’s Weakened Economy

J.S. Held on

After 30 years of extraordinary growth, China’s economy – the world’s second largest – appears to be entering a new phase of slower expansion. The real estate sector – which accounts for around one-third of Chinese GDP and...more

Skadden, Arps, Slate, Meagher & Flom LLP

2024 Insights: Other Regulatory Developments

AI in 2024: Monitoring New Regulation and Staying in Compliance With Existing Laws Companies that develop or employ AI tools have to consider proposed AI-specific regulation as well as an array of existing IP, privacy,...more

McDermott Will & Schulte

International News: Spotlight on Foreign Investment

McDermott Will & Schulte on

In this dynamic global landscape, investors have always been required to make savvy, smart choices. This requires navigating through the intricate web of bilateral treaty protection, exploring the vital role these agreements...more

BCLP

Minimum Energy Efficiency Standards - here to stay or at risk of becoming redundant?

BCLP on

In September, ahead of the Conservative party conference, Rishi Sunak announced a step back from the Government’s net zero policy and targets.  This was followed up last week by the Government’s formal response to the Climate...more

King & Spalding

Over the Horizon: The rise and fall of nuclear new build in the United Kingdom

King & Spalding on

September 2016 was supposed to herald the dawn of a new era for the nuclear power industry in the United Kingdom. The UK Government had confirmed its support for the Hinkley Point C nuclear power project and EDF, the...more

Hogan Lovells

What happens to ESOS after Brexit?

Hogan Lovells on

Qualifying undertakings can comply with their obligations under the Regulations by having a certified Energy Management System. Post Brexit, certification will still be permitted by bodies accredited by the United Kingdom...more

BCLP

Possible Wider UK Powers to Block Foreign Acquisitions

BCLP on

Recent developments show the UK Government’s desire to expand their powers to block foreign takeovers. We explore the nature and scope of the proposed legislation and assess its likely consequences....more

Latham & Watkins LLP

New Oil and Gas Decommissioning Strategy Published by UK Oil and Gas Authority

Latham & Watkins LLP on

Sustained investment in offshore platforms and production installations has been critical in securing the UK’s energy supply. Despite ongoing oil price volatility, in 2016 and 2017 £3-4 billion of capital per year is...more

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