Energy Sector Update – Q4

Energy Sector Update – Q4

 

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.

 

Key news stories

 

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

RenewableUK has

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Amy is a content writer and marketing manager at LexisNexis. She previously worked as an independent writer and researcher, for clients such as, Unilever, Kantar TNS, The Soil Association, MasterCard and Lufthansa Airlines. She has written for national publications, including City A.M. and Financial IT. Amy now writes and plans editorial content for the LexisNexis blogs, campaigns and industry magazine features. She has a Bachelor's Degree in Italian and French from the University of Warwick.