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Energy Projects United Kingdom Energy Sector

BCLP

Battery Storage Revenues and Routes to Market

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As covered briefly in our previous article, the “route to market” / offtake arrangements/ revenue contracts are perhaps the key difference between battery energy storage systems (BESS) projects and other project-financed...more

BCLP

The Wait for CATOs is Nearly Over... Volume 4

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As part of the government’s wider review of the electricity transmission network via the Integrated Transmission Planning and Regulation Project, and after its successful introduction of competition to offshore transmission...more

A&O Shearman

AR6 — UK Offshore Wind rebounds

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The Department for Energy Security and Net Zero (DESNZ) has released the results of the Sixth Allocation Round (AR6) of the UK Government’s Contracts for Difference (CfD) scheme. Altogether, 131 low-carbon electricity...more

Latham & Watkins LLP

UK Supreme Court Requires EIAs to Consider Likely Direct and Indirect Environmental Effects on Climate if Readily Quantifiable

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Finch v. Surrey calls for assessment of all likely direct and indirect environmental effects in EIAs, including certain Scope 3 emissions if a reasonable estimate is feasible. On 20 June 2024, the UK Supreme Court (the...more

BCLP

Significant Implications for Environmental Assessment of Major Projects

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The Supreme Court’s judgment in R(Finch) v Surrey County Council [2024] UKSC 20 has potentially significant implications on how environmental impacts of major projects are assessed. The question at the heart of the case was...more

Vinson & Elkins LLP

The UK’s Reinvigoration of Nuclear Energy

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The volatility of energy prices following recent geopolitical challenges has brought a renewed focus on domestic energy security. Because of the risks associated with weather-dependent energy solutions, a revival of nuclear...more

Paul Hastings LLP

Energy Act 2023 – Six Months On

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What is the Energy Act and why does it matter? In October 2023 the Energy Act 2023 (the “Act”), dubbed the “biggest piece of energy legislation in the UK’s history” received Royal Assent. The Act contains wide ranging...more

BCLP

The UK Hydrogen Policy - Infrastructure and Industry Concerns

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Whilst the UK’s hydrogen policy was established by the Ten Point Plan in November 2020, the 2021 Hydrogen Strategy was intended to stimulate the next steps for hydrogen energy development and delivery. The strategic goals...more

Skadden, Arps, Slate, Meagher & Flom LLP

Taking Stock of Commodity Derivatives Regulation in the UK and EU

In July 2021, HM Treasury published the Wholesale Markets Review consultation (WMR), which included proposals to reform the U.K.’s secondary markets framework. There was broad support for reforms to (a) modify the ancillary...more

White & Case LLP

Energy and infrastructure project risks around escalation

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In recent years, escalation, and price volatility, has re-emerged in the global economy. The impact on large energy and infrastructure projects will be significant: owners and contractors need to react and adapt....more

BCLP

Update on UK Energy Reforms

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The Government’s energy infrastructure reform programme continues to gather pace following publication of multiple important documents this autumn. In this Insight we discuss the recent progress and new announcements setting...more

A&O Shearman

Private capital's place in the Middle East energy transition

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Ambitious plans for renewable energy projects will create long-term opportunities for private funds and sovereign investors in the region, say Ben Ward and Kamar Jaffer. They explore the trends in private markets and what...more

J.S. Held

Green Deal or No Green Deal: Navigating Europe’s Renewable Energy Goals

J.S. Held on

Whilst the United Kingdom (UK) no longer forms part of the European Union (EU), it remains part of Europe and still adopts common policies that were previously put in place. In fact, the UK energy sector is synonymous with...more

White & Case LLP

Renewable energy – new challenges require a bespoke approach to risk allocation

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Renewable energy projects share many of the same characteristics as traditional construction projects. To some extent, the approach to managing risk from a legal perspective will therefore be familiar. However, in other ways,...more

Latham & Watkins LLP

Investing in UK CCUS Projects - Opportunities and Challenges

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With the recent UK “Green Day” announcements confirming the government’s support for CCUS, interest in UK CCUS projects is expected to continue to grow. While there are significant opportunities for investors, careful...more

BCLP

NSIP Action Plan: What does it mean for project promoters?

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The Government’s Action Plan on how it proposes to improve the NSIP planning process has some good ideas, most of which amount to fine-tuning rather than a fundamental change. Whilst some of the changes may increase the cost...more

Akin Gump Strauss Hauer & Feld LLP

UK Energy Bill Relief Scheme

New U.K. energy bill relief scheme protects Great Britain businesses from rising energy costs...more

Mintz

The UK is taking the nuclear road not taken here. What's our plan?

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News this week that massive ecologically sensitive intake heads are being installed for a new nuclear plant being constructed in Somerset, England. The 21st century plant also includes new "core catcher" technology to...more

Orrick, Herrington & Sutcliffe LLP

Energy Transition Series: Five Things to Know about Oil & Gas Electrification

This is part one of our 'Energy Transition Series', in which we offer our insights on new technologies and their role in driving the energy transition. Against the backdrop of the UK's ambitious net zero 2050 strategy and...more

BCLP

How to Become a Nuclear Company

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As we discussed in our earlier Article, the Nuclear Energy (Financing) Act, 2022 (the “Nuclear Act”) enacted by the UK Government on 31 March 2022 aims to promote the regulated asset base (“RAB”) model as a method of funding...more

Womble Bond Dickinson

Hydrogen: Near Term Challenges & Long Term Opportunities

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Congress and the Biden Administration recognize hydrogen’s potential to address the clean energy imperative. This past year, The Infrastructure Investment and Jobs Act appropriated $8B of spending to build out clean hydrogen...more

BCLP

Is Nuclear Energy (Financing) Act 2022 an answer to UK’s energy security?

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The UK government has enacted the Nuclear Energy (Financing) Act 2022 (the “Nuclear Act”) on 31 March 2022. This note sets out a summary of the Nuclear Act and looks into the question whether it is an adequate measure towards...more

A&O Shearman

The British Energy Security Strategy

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Yesterday the UK Government published its British Energy Security Strategy in response to the impact that global energy supply constraints post COVID recovery and the outbreak of war in Ukraine has had on UK energy. ...more

BCLP

Staying Alive: Extending the Life of a DCO

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The regime for Nationally Significant Infrastructure Projects (NSIPs) allows for Development Consent Orders (DCOs) to be granted for a set period of time (often 5 years), but only recently has it become clear that time limits...more

Hogan Lovells

The UK is the first to fusion legislation

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To demonstrate its clean energy commitments ahead of the UN Climate Change Conference, also known as COP26, the United Kingdom (UK) recently published its national strategy on fusion energy (Fusion Strategy) alongside a paper...more

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