Key TCA issues for the energy sector

The EU-UK Trade and Cooperation Agreement (“TCA“) establishes objectives for the energy market by providing for the facilitation of trade and investment between the EU and the UK (the “parties”) in the areas of energy and raw materials, and supporting security of supply and environmental sustainability, notably in contributing to the fight against climate change … Read more

Spanish Government approves a royal decree on grid access and connection

Royal Decree 1183/2020, of 29 December, on access and connection to the electricity transmission and distribution networks (the Royal Decree or RD 1183/2020) was published in Spain’s Official State Journal (BOE) on 30 December 2020 and entered into effect on the following day. RD 1183/2020 develops and implements – thus allowing for the full application … Read more

Summary: Revised TEN-E Regulation – future financing of European energy infrastructure

The European Commission has announced this week a proposed revision of the Trans-European Networks for Energy Regulation (the TEN-E Regulation). The revision aims to bring European energy infrastructure in line with the EU’s new climate targets and the European Green Deal. Changes in technology and ambitions have required new infrastructure categories along with changes to … Read more

Revised TEN-E Regulation – future financing of European energy infrastructure

Background The primary driver behind the revision of the TEN-E Regulation is to align the regulation with the new European Green Deal. The European Green Deal aims to transform the EU into a fair and prosperous society with a modern, resource-efficient and competitive economy. The TEN-E Regulation is seen as a central instrument for the … Read more

Contracts for Difference (CfD) Scheme consultation updates

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 advises Aquind on successful appeal of ACER decision before EGC

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

The electricity licence exemptions regime – so how is it all going?

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

Spanish Government approves new remunerative framework and auction mechanism for future renewable energy facilities in Spain

The Spanish Government has approved Royal Decree 960/2020, of 3 November, which regulates the economic framework for renewable energy applicable to electricity production facilities (RD 960/2020), which was published in Spain’s Official State Journal (Boletín Oficial del Estado, or BOE) on 4 November 2020 and entered into effect the following day. The approval of RD … Read more