BEIS has published a further consultation on amendments to the CfD scheme ahead of the CfD Allocation Round 4 planned for late 2021. This consultation sets out in further detail proposed amendments to the CfD arrangements in relation to Supply Chain Plans that aim to align the focus of Supply Chain Plans with the Government’s … Read more

BEIS has published its response to a consultation which ran from 2 March to 29 May 2020 on proposed changes to the CfD scheme. CfDs incentivise investment in renewables by providing generators with protection from volatility in wholesale prices, as well as protecting consumers from paying increased support costs when electricity prices are high. BEIS … Read more

HSF has advised Aquind (developer of the Aquind electricity interconnector) on its successful appeal before the General Court of ACER’s decision to reject an application for exemption pursuant to Article 17 of Regulation (EC) No 714/2009 (the “Electricity Regulation”). In particular, the General Court found that ACER’s Board of Appeal had (i) incorrectly limited its … Read more

With the aim of increasing its understanding on how the electricity licence exempt sector is currently operating, the Department for Business, Energy and Industrial Strategy (BEIS) has published a call for evidence on the exemptions from the requirement for an electricity licence regime. Exemptions regime review This call for evidence is part of a wider … Read more

Today the Prime Minister Boris Johnson has set out the Government’s ten point plan for what it is calling the green industrial revolution. This is part of the blueprint for the UK to meet the legally-binding target to produce net zero carbon emissions by 2050. The ten points of the plan are: Offshore wind – … Read more

Decommissioning was already a ‘hot topic’ before the oil price crash, with an increasing number of assets around the world expected to enter the decommissioning phase in the next few years. In the latest episode of our Navigating the Low Oil Price Environment podcast series Irina Akentjeva and Susan Field discuss how the low oil … Read more

The Court of Appeal has dismissed an appeal against a decision interpreting the provisions of a Farm-Out Agreement for the sale of an interest in two oil production licences: Apache North Sea Limited v (1) Euroil Exploration Limited & (2) Edison S.p.A [2020] EWCA Civ 1397. Herbert Smith Freehills LLP represented the successful defendants/respondents, Euroil … Read more

In another step to progress its decarbonisation efforts and 2050 zero-pollution ambition, the EU has recently delivered its strategic plan for reducing methane emissions, the EU Methane Strategy. The focus of the Strategy from an energy sector perspective is twofold: first, reducing methane emissions within the EU and importantly, second, reducing methane emissions associated with … Read more