News & Analysis as of

Spain Renewable Energy

Jones Day

Sustainability Obligations for Spanish Data Centers

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The draft Royal Decree on the sustainability and energy efficiency of data centers will be subject to public consultation until 15 September 2025. ...more

White & Case LLP

Spanish M&A set to heat up as economy outstrips EU counterparts

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Characterized by a resilient economy currently ahead of its major EU counterparts, Spain presents a compelling prospect for dealmakers - The Spanish economy has demonstrated remarkable solidity in recent years, pulling...more

Vinson & Elkins LLP

A(nother) Turning Point for Intra-EU ECT Disputes?

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Two ICSID tribunals have recently upheld Spain’s intra-European Union (EU) jurisdictional objections in two arbitrations pursuant to the Energy Charter Treaty (“ECT”). Both cases arise out of Spain’s decision to modify its...more

Jones Day

Game Changer: Green Light for Offshore Wind in Spain

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After years of delay, Spain's new regulation paves the way for offshore wind energy....more

White & Case LLP

Spain’s renewable energy industry readies for refinancing

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Spain’s renewable energy industry is performing better than ever. According to Redeia, the country’s grid operator, Spain generated nearly 60 percent of its electricity from renewable energy over the first six months of 2024,...more

Hogan Lovells

Spain’s exit of the Energy Charter Treaty is official: what now?

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The Energy Charter Treaty and the Protocol were signed in December 1994 to promote international investment in the energy sector. On 16 April 2024, Spain gave written notice of its decision to withdraw from the ECT and on 14...more

Hogan Lovells

Modificada la normativa reguladora de las evaluaciones de impacto ambiental

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El pasado 14 de junio se ha publicado en el BOE el Real Decreto 445/2023, de 13 de junio, por el que se modifican los anexos i, ii y iii de la ley 21/2013, de 9 de diciembre, de evaluación ambiental, anexos relativos a...more

Latham & Watkins LLP

Green Power and the Protections of Intra-EU Energy Investment

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The tribunal in Green Power v. Kingdom of Spain declined jurisdiction, finding that the parties had not validly consented to arbitration under the Energy Charter Treaty. A tribunal seated in Sweden has become the first...more

A&O Shearman

The income reduction for electric producers in Royal Decree-Law 17/2021

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Faced with surging energy price due to the shock in the offer that is affecting natural gas markets, the Spanish Government has adopted certain temporary measures (from 16 September 2021 to 31 March 2022) that aim at reducing...more

Latham & Watkins LLP

Spain Approves a New Remuneration Regime for Renewable Energy (REER)

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The new regulation aims to provide a stable and predictable framework to attract investment in the renewable energy sector. Key Points: ..Spain aims to achieve a 100% renewable electrical system by 2050. ..The new...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 34, September 2020

Spain Shuts Down Half of Its Coal Power Stations - "The move away from coal is driven predominantly by fundamental economics, although these are amplified by emissions trading schemes and other measures." Why this is...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 25, July 2020

Top Court Seeks Trump Administration Input on PennEast Pipeline - "The U.S. Supreme Court asked the Trump administration for input on a PennEast Pipeline Co. appeal that aims to jump-start a planned natural-gas line by...more

A&O Shearman

New remuneration regime for renewable energy production in Spain

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Introduction - After months of uncertainty, on 24 November 2019, Royal Decree-law 17/2019 (RDL 17/2019) setting out the rate of "reasonable return" for the purposes of the specific remuneration regime for generation of...more

Mintz - Energy & Sustainability Viewpoints

GDPR, CCPA, Blockchain and Renewable Energy: Policy Lagging Behind Technology

Blockchain technology, and its use as a distributed ledger system, has seen a dramatic uptick in commercial use in recent years. The renewable energy sector has followed that trend, applying blockchain technology to some of...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - November 2017 #3

EPA Hosts Public Hearing in Charleston on Clean Power Plan - "Those who favored repeal cited coal jobs and economic concerns, saying they fear if the plan were implemented, it would negatively affect coal jobs and along...more

King & Spalding

Tokyo Dispute Resolution and Crisis Management Newsletter - April 2016

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Energy Charter Treaty Arbitration - Claims Against Spain and Italy as a Result of Alterations to their Renewable Energy Legislation - In recent years, there have been a raft of Energy Charter Treaty (“ECT”)...more

Latham & Watkins LLP

What Does COP-21 Mean for Business?

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6 Answers From Around the Globe - The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in 1997. ...more

King & Spalding

Not Quite Left Out to Dry: Remedies Under International Investment Treaties Available to Renewable Energy Investors Harmed by...

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In recent years, project developers, investment funds, and energy companies have invested heavily in renewable energy as a result of incentive programs offered in the legislation of countries such as Germany, Spain, and...more

Akin Gump Strauss Hauer & Feld LLP

The Rise in Arbitration Claims Filed by Renewable Energy Investors Under the Energy Charter Treaty

In the past three years, the number of claims filed by renewable energy investors under the Energy Charter Treaty (ECT) has risen significantly. In particular, Spain, who had been the subject of only a handful of...more

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