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The UK’s Department for Business, Energy and Industrial Strategy (BEIS) has published a response to consultation on its proposed amendments to the CfD scheme in relation to Supply Chain Plans ahead of the CfD Allocation Round 4 planned for late 2021. This follows a second consultation paper issued by BEIS in November 2020. Please see … Read more
“Take or pay” and “price review” arrangements are generally agreed for the benefit of both the seller and the buyer, to guarantee a regular income and supply. With market volatility, however, the parties may not agree on their operation or effect. Is a win-win outcome possible when these clauses bite? Rachel Lidgate and James Robson … Read more
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
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
