414 Search Results for

  • New electricity generator levy introduced

    United KingdomScotland 18.11.2022
    The UK government has announced the introduction of a windfall tax on certain electricity generators in the form of the ‘electricity generator levy’, a new 45% tax levied on ‘extraordinary...

  • Increase and extension of Energy Profits Levy

    United KingdomScotland 17.11.2022
    The UK government has today announced a 10% increase in the energy profits levy applying to profits from UK oil and gas activities, taking it from 25% to 35%. The end date for the levy has also been extended...

  • Oil, gas and commodities: Force majeure

    England and Wales 15.11.2022
    In MUR Shipping BV v RTI Ltd [2022] EWCA Civ 1406 the Court of Appeal overturned the Commercial Court’s judgment and found that a ‘reasonable endeavours’ obligation in a force majeure...

  • UK Government publishes Energy Bill Relief Scheme rules

    United KingdomScotland 11.11.2022
    Forming part of the Government’s response to the current energy crisis, the Energy Prices Act (the “Act”) received royal asset on 28 October 2022. The Act grants the Secretary of State...

  • Contracts for Difference AR4 – Key trends looking towards AR5

    United KingdomScotland 21.10.2022
    Overview On 14th October 2022 the UK Government released the draft timeline for AR5. The timeline proposes that the draft Allocation Framework outlining the core auction parameters including the pot structure,...

  • The Energy Prices Bill: Rethinking the Liberalised Model

    England and Wales 19.10.2022
    The Energy Prices Bill (the “Bill”) was introduced as emergency legislation to Parliament on 12 October 2022 and represents or mandates the Government’s proposed response to the energy...

  • European Commission proposes emergency market intervention to tackle high energy prices

    EU, UK 29.09.2022
    On 14 September 2022, the European Commission (“Commission”) published a proposal for a Council Regulation on an emergency intervention to address high energy prices (“Proposal”)....

  • Energy storage trends - Spotlight on Poland

    Poland 20.09.2022
    Introduction Poland has one of the fastest growing renewable energy markets in Europe. The dynamic expansion of new RES investments is evident in both photovoltaic and wind (including off-shore wind power)...

  • Turning the thermostat: UK moves to regulate heat 

    England and Wales 19.08.2022
    The Energy Bill (the “Bill”), which was introduced to Parliament on 6 July 2022 takes aim at providing a regulatory framework to support the Government’s commitment to fully decarbonise...

  • Funding announced for pioneering new space technologies

    United KingdomScotland 12.08.2022
    On 20th July 2022, the UK Government announced £3 million funding to support pioneering new space technologies. The funding is to be made available for space-based solar power (SBSP) projects that...

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