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As part of our sector-focused series, we have curated the key resources and points you need to know from the last quarter’s legal updates. Understand the key news stories, practice notes, trackers and upcoming webinars specific to key areas from the Energy sector.
The Energy sector is divided into several thematic subtopics on LexisPSL. Therefore, we have selected the key news stories from each area for you below. Click to view further information.
1. Electricity and gas market regulation and licensing
Great Britain Capacity Market scheme—’compatible with EU State aid rules’
Energy Analysis: The EU Commission has, following a thorough investigation, re-confirmed its July 2014 decision that the Great Britain (GB) capacity market is compatible with EU rules on State aid. Pending publication of the EU Commission’s full decision, we consider what this means for the GB capacity market going forwards.
See: News 30/10/2019
Ofgem consultation aims to update smart metering costs under default tariff cap
Ofgem has launched a consultation that seeks views from suppliers and consumer groups on proposals to update the non-pass-through smart metering net cost change (SMNCC) allowance under the default tariff cap, which represents the average change in net costs of the installation of smart meters to suppliers since 2017. Ofgem’s proposed changes to the non-pass-through SMNCC allowance concern gas and electricity tariffs up to the end of 2023. The consultation closes on 19 November 2019.
See: News 23/10/2019
2. Renewable energy
Offshore Wind Leasing Round 4—impacts on the energy sector
Energy analysis: The Crown Estate has released the UK’s first major offshore wind leasing round in a decade. Kurt Wicklund, associate and Ian Holyoak, partner, both at Michelmores LLP, point out that the capacity released is only a quarter of the previous round as the Crown Estate seeks to balance the strong market appetite for new seabed rights with the interests of other seabed users and the potential environmental impact.
See: News 10/10/2019
RenewableUK calls for political parties to get behind manifesto
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