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Latest Energy News

Budget 2025—The oil and gas price mechanism: a replacement for the energy profits levy

Budget 2025—The oil and gas price mechanism: a replacement for the energy profits levy

The following Tax news provides comprehensive and up to date legal information on Budget 2025—The oil and gas price mechanism: a replacement for the energy profits levy

Consultation opens on EU battery labelling rules

Consultation opens on EU battery labelling rules
Ofgem consults on draft determinations for NGET electricity transmission control centre project

Ofgem consults on draft determinations for NGET electricity transmission control centre project
Ofgem consults on enhancing asset visibility for distribution network operators

Ofgem consults on enhancing asset visibility for distribution network operators

Featured Energy content

An introduction to EU law and competition law issues for take-or-pay clauses in energy contracts

An introduction to EU law and competition law issues for take-or-pay clauses in energy contracts

An introduction to EU law and competition law issues for take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in...

Production Sharing Contracts

Production Sharing Contracts

Production Sharing ContractsIntroductionA production sharing contract (PSC) is a contractual relationship between a host government and a private...

The Offshore Transmission Owner (OFTO) regime

The Offshore Transmission Owner (OFTO) regime

The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...

Power purchase agreements (PPAs)—key terms and issues

Power purchase agreements (PPAs)—key terms and issues

Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...

Practice notes

Wind Turbine Supply Agreement

Wind Turbine Supply AgreementWhat is a Turbine Supply Agreement (TSA)?The Turbine Supply Agreement (TSA) is a critical component of the contractual...
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Produced in partnership with Tim Williams of Osborne Clarke
13th Oct
Practice notes

An introduction to tolling agreements in the LNG sector

An introduction to tolling agreements in the LNG sectorIntroductionThe business model underpinning a liquefied natural gas (LNG) project is of...
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30th May
Practice notes

Knock-for-knock indemnities: risk allocation in offshore energy contracts

Knock-for-knock indemnities: risk allocation in offshore energy contractsWhat are knock-for-knock indemnities?A knock-for-knock clause is a reciprocal...
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Produced in partnership with Nicholas Neuberger of Bracewell (UK) LLP and Robert Meade of Bracewell (UK) LLP
13th Oct
Practice notes

Grid connection—key rules

Grid connection—key rulesWhat is a grid connection?A grid connection allows a user to connect to the local network or ‘grid’ so they can receive or...
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Produced in partnership with Sushma Maharaj of Shakespeare Martineau LLP
13th Oct
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Practice notes

LNG sale and purchase agreements

LNG sale and purchase agreementsTypes of LNG sale and purchase agreementsLiquefied natural gas (LNG) is commonly traded as a portfolio commodity, in...
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Produced in partnership with Shakespeare Martineau LLP
13th Oct
Practice notes

Balance of plant agreements in wind farm projects—Overview

Balance of plant agreements in wind farm projects—OverviewScope of this noteThis note provides an overview of Balance of Plant (BOP) Agreements in the...
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30th May
Practice notes

Understanding upstream petroleum agreements—concessions, production sharing contracts and service contracts

Understanding upstream petroleum agreements—concessions, production sharing contracts and service contractsThe purpose and scope of petroleum...
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30th May
Practice notes

Gas sales agreement—key clauses

Gas sales agreement—key clausesTypes of gas sales agreements (GSAs)Contracts for the sale of gas may take several forms, including:•term...
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Produced in partnership with Hunton Andrews Kurth
13th Oct
Practice notes

Contracts for Difference (CfD)—key features

Contracts for Difference (CfD)—key featuresElectricity market reform (EMR)The EMR programme was developed by the government to promote investment in...
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Produced in partnership with Matthew Brown and Sabrina Polito of CMS Cameron McKenna Nabarro Olswang LLP
13th Oct
Practice notes

An Introduction to Oil & Gas Sales and Trading

An Introduction to Oil & Gas Sales and TradingGovernments permit companies to explore for and produce hydrocarbons (crude oil and natural gas)...
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Produced in partnership with Matthew Stott of Orrick, Herrington & Sutcliffe and Rebecca Downes of Orrick, Herrington & Sutcliffe
13th Oct
Practice notes

Project structure for renewable energy projects

Project structure for renewable energy projectsHow are renewable energy projects typically structured?For most renewable gathering projects (certainly...
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Produced in partnership with Mark Bartholomew of Shakespeare Martineau LLP
13th Oct
Checklists

Negotiating a rooftop lease for solar PV panels—checklist

Negotiating a rooftop lease for solar PV panels—checklistNegotiating a rooftop lease for solar PV panelsWhen negotiating a rooftop lease for solar PV...
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Produced in partnership with Helen Emmerson of Gowling WLG and Gus Wood of Gowling WLG
13th Oct
Practice notes

What is a smart meter?

What is a smart meter?A summary of typical metering methods in the UKTraditionally, the utility metering for a domestic or non-domestic building in...
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30th May
Practice notes

Farm-out agreements—key terms

Farm-out agreements—key termsScopeA farm-out is, in effect, a mechanism pursuant to which the owner of a participating interest in certain oil and gas...
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Produced in partnership with Anna Nerush of Haynes Boone
13th Oct
Checklists

Oil and gas due diligence checklist

Oil and gas due diligence checklistBelow is a legal due diligence (LDD) checklist outlining some of the main issues to review during an oil and gas...
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2nd Jun
Practice notes

Supplier of last resort—key features

Supplier of last resort—key featuresWhat is the ‘supplier of last resort’?When the Office of Gas and Electricity Markets (Ofgem) revokes a supply...
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2nd Jun

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of