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European Union › Nuclear Power

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Vinson & Elkins LLP

Nuclear SMR Powered Data Centres: The Answer to Europe’s Looming Grid Crisis?

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The emergence of generative artificial intelligence (AI) is driving a surge in demand for power-hungry data centre capacity in Europe. This demand faces a number of obstacles including grid capacity constraints and an energy...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - 2024 #3

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Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Vinson & Elkins LLP

Europe Energy and Infrastructure M&A: Risks and Opportunities in 2024

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Rising interest rates and stubbornly high inflation contributed to a subdued deals market in 2023. There was, however, no shortage of M&A highlights across the energy and infrastructure sectors, including the year’s two...more

Cadwalader, Wickersham & Taft LLP

EU’s General Court Dismisses Action by MEP Against the Commission’s Inclusion of Nuclear Energy and Natural Gas in the EU Taxonomy

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On June 21, 2023, the General Court of the European Union rejected an action brought by a Member of the European Parliament (MEP) seeking to annul European Commission legislation that identified certain activities related to...more

K&L Gates LLP

SFDR Updated Regulatory Technical Standards on Fossil Gas and Nuclear Energy Activities and Central Bank Fast-Track

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Commission Delegated Regulation (EU) 2023/363 (the Delegated Regulation), which amends and corrects the existing Sustainable Finance Disclosure Regulation (SFDR) regulatory technical standards in relation to the content and...more

Jones Day

European NGOs Challenge the Inclusion of Natural Gas and Nuclear Energy in the Taxonomy Regulation

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As indicated in the previous edition of the Climate Report, on July 15, 2022, the European Union Official Journal published Commission Delegated Regulation (EU) of March 9, 2022. This new delegated regulation includes nuclear...more

Akin Gump Strauss Hauer & Feld LLP

EU’s Sustainable Investing Taxonomy to Include Gas and Nuclear Sector Products – EU Parliament Vote

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The European Parliament has rejected a motion to remove gas and nuclear investment products from the EU’s sustainable investment taxonomy, surprising many who consider their inclusion to be greenwashing. This article...more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

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EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more

Jones Day

European Taxonomy Regulation Extended to Natural Gas and Nuclear Energy

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On July 15, 2022, the European Union Official Journal published Commission Delegated Regulation (EU) of March 9, 2022. The new regulation implements European Regulation (EU) 2020/852 of June 18, 2020 (the "Taxonomy...more

Mintz

European Union Labels Natural Gas and Nuclear Energy "Green"

Mintz on

The European Parliament has now "endorsed labeling some gas and nuclear energy projects as 'green.'" This designation will now enable these energy projects to have "access to hundreds of billions of euros in cheap loans and...more

Latham & Watkins LLP

The Energy Regulation and Markets Law Review - 11th Edition - France

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In our 11th year of writing and publishing The Energy Regulation and Markets Review, the most pressing global concerns are inflation, supply chain concerns, the Ukraine war and continuing effects from the covid-19 pandemic....more

Jones Day

First Year of Implementation for the Taxonomy Regulation in the European Union

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As of January 1, 2022, the first delegated acts adopted to supplement European Regulation (EU) 2020/852 of June 18, 2020 (the "Taxonomy Regulation") became applicable. The Taxonomy Regulation sets out a classification system...more

K&L Gates LLP

Brussels Regulatory Brief: January 2022

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ANTITRUST AND COMPETITION - European Commission Blocks a Global Transaction Involving Two Leading South Korean Shipbuilders - On 12 November 2019, a South Korean leading shipbuilder (the Notifying Party) notified to the...more

Jones Day

EU Adopts Revised Guidelines on State Aid for Climate, Environmental Protection and Energy

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EU rules prohibit "State aid," unless the Commission authorizes the aid as compatible with the EU Treaties. State aid is a Member State funding measure imputable to the State and financed through State resources that benefits...more

Hogan Lovells

Largest increase in the UK nuclear liability regime for 50 years take

Hogan Lovells on

As we flagged last year in this note, the 2004 Protocols updating the Paris Convention and Brussels Convention have finally been ratified. This is likely the biggest increase in the international nuclear liability regime for...more

Hogan Lovells

UN Report Trumpets Nuclear as Having the Lowest Greenhouse Gas Emissions of Any Electricity Generation Source, Among Other...

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The UN Economic Commission for Europe (UNECE) recently released a report entitled “Life Cycle Assessment of Electricity Generation Options” (UNECE Report; Report). The Report analyzes the environmental profiles of the full...more

Pillsbury Winthrop Shaw Pittman LLP

EU Takes Key Step in Taxonomy Rollout

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European Commission issues first Delegated Act in the much-debated Taxonomy, moving forward with a multi-step approach in determining which activities are classified as sustainable. Nuclear energy, natural gas and...more

Pillsbury Winthrop Shaw Pittman LLP

EU Returns to Science-Based Decision-Making in Landmark Nuclear Report

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EU’s in-house science body determines that nuclear energy is a sustainable technology under the EU’s green finance rules; ruling has positive impact for government and private sector support for nuclear technologies in the EU...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 44, November 2020

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New Law Pushes Appalachian Power Toward More Renewable Energy - "Appalachian — which for years has relied heavily on coal and more recently natural gas to serve about 500,000 western Virginia customers — will acquire 210...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 39, October 2020

Spilman Thomas & Battle, PLLC on

Mountain Valley Says Natural Gas Pipeline Timing Depends on Litigation, U.S. Approvals - “'As the litigation process progresses and as we receive additional information from FERC regarding potentially releasing the...more

Latham & Watkins LLP

EU State Aid Rules for Large Infrastructure Projects: Review of the European Court of Justice’s Hinkley Point Judgment (C-594/18P)

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On 22 September 2020, the European Court of Justice (ECJ) delivered a judgment confirming the prior ruling by the General Court that validated the European Commission’s (EC’s) decision that the UK government could lawfully...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 34, September 2020

Spilman Thomas & Battle, PLLC on

Spain Shuts Down Half of Its Coal Power Stations - "The move away from coal is driven predominantly by fundamental economics, although these are amplified by emissions trading schemes and other measures." Why this is...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - June 2020 #3

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Supreme Court Lifts Key Obstacle to Atlantic Coast Pipeline, but More Challenges Remain - "The U.S. Supreme Court has reversed a lower court ruling that held up construction on the Atlantic Coast Pipeline, which would...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

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China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 41, November 2019

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Why Everything They Say About California Fires — Including That Climate Matters Most — is Wrong - "'We’ve looked at the history of climate and fire throughout the whole state, and through much of the state, particularly...more

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