Agreement reached by Council on electricity market design reform after months-long wait

Overview Recently, the European Council reached an agreement on their proposal for a Regulation to amend the EU’s EMD. This agreement follows from the European Commission’s suggestion to begin negotiations for electricity market design (‘EMD’) reforms earlier in March 2023. This reform aims to deal with the shortcomings of the current EMD by stabilising energy … Read more

EU Batteries Regulation enters into force

On 17 August 2023, the EU Batteries Regulation (the “Regulation“) entered into force, two and a half years after the Commission first published its proposal in December 2020. The Regulation will replace the current Batteries Directive, which was implemented in 2006, a time when batteries played a drastically different role within our daily lives. The … Read more

How will hydrogen disputes be resolved?

With a rapidly-emerging energy market set to fuel a rise in disputes, we explore how arbitration could offer the solution A global transformation of the energy sector is underway. Markets appear to now accept that deployment of hydrogen at scale could be the next major energy source from around 2030. For that daunting goal to … Read more

RIDERS ON THE STORM – UK AND EU RAMP UP ENERGY CRISIS RESPONSES AS WINTER LOOMS

The post below was first published on our Policy Matters blog. On her third day as Prime Minister, Liz Truss announced an unprecedented £150 billion support package for households and business alongside emergency electricity market interventions which will feed into a more fundamental ongoing review. The EU also announced radical proposals. We take a look at … Read more

Main novelties of Law Decree No. 50/2022 (D.L. Aiuti) on the energy sector

Law Decree 17 May 2022, No. 50 so-called Decreto aiuti (Decree) introduces a set of provisions in the fields of national energy policies, attraction of investments, and permitting procedures. In particular, a number of provisions are aimed at facing the challenges stemming from the Ukraine war both with temporary derogations to the permitting regime (art. 12) and … Read more

Fit for 55 – EU reveals suite of proposals to combat climate change

The EU has revealed its ‘fit for 55’ suite of policies, which extends to about 2,000 pages and is designed to take a pro-active approach to combating climate change and to introduce a suite of proposals aimed at making Europe ‘the first climate neutral continent in the world’. Fit for 30: striking a balance The … Read more