Energy (all)

Welcome to the home of the energy sector on Law-Now.

As the energy sector sees greater horizontal and vertical integration, CMS' energy experts provide commentary and updates on every tier of the energy sector. Here, you will find articles and publications covering upstream oil & gas, power generation, networks, nuclear, renewable energy and Cleantech.

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Recent Articles

  •  
    12/03/2024
    United Kingdom

    Significant steps taken to implement Early Competition in onshore transmission with release of Regulations and further consultation

    On 20th February 2024 the Electricity (Criteria for Relevant Electricity Projects) (Transmission) Regulations (the “Regulations”) were published. Due to come into force on 12th March 2024, the Regulations set out the criteria that onshore electricity transmission projects must meet in order to be eligible for Early Competition.  The publication of the Regulations follows the body of work done to date on Early Competition which we recently outlined in our article in December 2023.“Early Competition” has been defined by Ofgem as competition which is run before detailed...
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  •  
    12/03/2024
    Ukraine

    Ukraine launches official website of the Register of Damage

    On 4 March 2024, the official website of the Register of Damage for Ukraine was launched. The website sheds light on the forthcoming modes of operation of the Register of Damage and outlines the general requirements for claims to be accepted.The Register of Damage will record claims filed by individuals, entities, and the Ukrainian state for compensation for damage, loss, and injury resulting from aggression by the Russian Federation. The Register will also receive and keep the supporting evidence of these claims.The Register of Damage will only accept claims filed digitally through the Ukrainian...
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  •  
    07/03/2024
    International

    Environmental and social factors in mining: a spotlight on Colombia

    Environmental and social considerations have been critical to the business of mining since long before the term ESG gained its current popularity. Mining activities are politically sensitive because they allow private companies to appropriate and profit from a state’s finite natural resources, and because they normally entail significant impacts on the natural environment and nearby communities. As a result, mining tends to be highly regulated and require environmental licences and permits, which must be supported by environmental and social impact assessments and other studies and work programmes...
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  •  
    05/03/2024
    EU

    European Commission authorises EUR 550 million Italian hydrogen aid scheme

    FR
    On 30 January 2024, the European Commission authorised an Italian hydrogen aid scheme with a budget of EUR 550 million under the Temporary Crisis and Transition Framework.The Green Deal industrial planThe European Commission has adopted the Green Deal industrial plan, which aims to strengthen the competitiveness of Europe's net-zero emissions industry and support a rapid green transition.The plan is based on four pillars:A predictable regulatory framework, simplified through three proposals:A Net-Zero Industry ActA Critical Raw Materials ActA reform of the organisation of the electricity market,...
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  •  
    01/03/2024
    United Kingdom

    ESG Reporting Requirements and Best Practices: NSTA Issues Open Letter to Licensees

    The introduction into the NSTA Strategy in 2021 of obligations in relation to “corporate governance” raised questions as to the approach that the North Sea Transition Authority (“NSTA”) would take in that area, in light of the many existing corporate codes that licensees operating in the UKCS already comply with.  It has become apparent that one key area of focus for the NSTA in this regard is Environmental, Social and Governance (“ESG”) reporting and disclosure and working with the industry to develop best practices.  That was first reflected in an...
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  •  
    27/02/2024
    United Kingdom

    NSTA Consultation on Carbon Storage Data

    In 2023, the UK’s first carbon storage licensing round led to the award of 21 offshore carbon storage licences. A handful of licenses had been awarded prior to the licensing round, so that there are now a total of 27 such licences in place. Some of these licences have been incorporated in the four Track 1 and Track 2 carbon capture usage and storage clusters, which are intended to escalate industry expansion and promote start-up without delay. By 2030, it is projected that these four clusters will contribute towards a total of 20-30 million tonnes of CO₂ per year (MtPA) being captured...
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