Energy clause bank

View Energy by content type:

Practice notes

Precedents

Q&As

Featured Energy content

Brexit legislation tracker

This Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the UK’s withdrawal from the

Deeds

Under English law legally binding agreements can be made orally, in writing or by deed.This Practice Notice considers the circumstances in which a

Energy precedents

IntroductionThis document contains quick links to the precedents found in the Energy module. Where indicated with the term ‘EFP’, these links are to

Contracts for Difference (CfD)—key features

Electricity market reform (EMR)The EMR programme was developed by the government to promote investment in secure forms of capacity and affordable low

Practice notes

Joint operating agreement—key clauses

The joint operating agreement (JOA) has a number of key commercial provisions.ScopeThe scope of the JOA is, generally speaking, to 'establish the...

Produced in partnership with Peter Roberts, Head of Oil & Gas of Orrick 16th Oct

Practice notes

Energy consultations tracker 2019

This Energy consultation tracker tool displays the current status and most recent developments of key consultations conducted by government...

14th Oct

Practice notes

Energy and Brexit—the EU Internal Energy Market and international electricity and gas interconnection regulation and trade

IntroductionThis Practice Note tracks the key publications and announcements made to date in relation to Brexit and the EU Internal Energy Market,...

14th Oct

Brexit

Practice notes

Great Britain energy market—policy and policy implementation horizon scanner

IntroductionThis tracker provides a chronological horizon scanner of the expected future dates of final decisions, implementing measures,...

7th Oct

Practice notes

The Offshore Transmission Owner (OFTO) regime

What are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which connect offshore wind farms to the onshore...

Produced in partnership with Herbert Smith Freehills 1st Oct

Practice notes

Wind Turbine Supply Agreement

What is a Turbine Supply Agreement (TSA)?The Turbine Supply Agreement (TSA) is a critical component of the contractual framework for a wind farm. This...

26th Sep

Practice notes

Project structure for renewable energy projects

How are renewable energy projects typically structured?Renewable energy projects are often project financed. A special purpose vehicle (SPV) will be...

26th Sep

Practice notes

Decommissioning—decommissioning security agreement

Decommissioning security agreementsOil and gas companies are expected to return the seabed to its original state (subject to certain exceptions) by...

25th Sep

Practice notes

An Introduction to Electricity Licensing in Great Britain

Requirement for a LicenceSection 4 of the Electricity Act 1989 (EA 1989) requires entities undertaking certain activities in the electricity sector to...

25th Sep

Practice notes

Grid connection—key rules

What is a grid connection?A grid connection allows a user to connect to the local network or ‘grid’ so they can receive or produce electricity. A...

25th Sep

Practice notes

Upstream Oil and Gas Agreements on the UKCS

UKCS Petroleum Project LifecycleThe lifecycle of a typical petroleum project on the UKCS can be viewed in the following stages:Each stage of an...

25th Sep

Practice notes

Electricity licensees: street-opening and necessary wayleaves

In order for a new connection to be made, whether to a generator, a home, an office or an entire new development, new network infrastructure will need...

25th Sep

Practice notes

Supplier of last resort—key features

What is the ‘supplier of last resort’?When the Office of Gas and Electricity Markets (Ofgem) revokes a supply licence (usually because of insolvency),...

25th Sep

Practice notes

Key issues in operation and maintenance (O&M) contracts for renewable energy projects

OverviewOperation and maintenance (O&M) of renewable energy projects is a critical component of an effective and successful project. Although capital...

25th Sep

Practice notes

The Great Britain electricity market—an introduction

Brexit impactThis Practice Note contains information on subjects impacted by the UK’s withdrawal from the EU at 11 pm on 31 January 2020 (exit day)....

25th Sep

Practice notes

Renewables Obligation (RO)—key features

What is the Renewables Obligation?The renewables obligation (RO) is intended to support investment in renewable generation projects. It does this by...

25th Sep

Most recent Energy clause bank content

Precedents

Execution clause—liquidator—contract

Option 1—contract signed by liquidator on behalf of the company Signed by [insert name of liquidator], liquidator (without...

26th Sep

Precedents

Completion definition

...

26th Sep

Precedents

Definitions and interpretation clause

1 Definitions and interpretation 1.1 In this Agreement: Affiliate means any entity that directly or...

26th Sep

Precedents

Rights and remedies clause

1 Rights and remedies ...

26th Sep

Precedents

Declaration of a director’s interests in a proposed transaction or arrangement—notice in writing

The directors[Insert name of company][(Company)][Insert address][Insert date] Dear [Directors], Declaration of interest in a proposed transact...

26th Sep

Precedents

Boilerplate set—short form

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...

26th Sep

In-house

Precedents

Force majeure event definition

Coronavirus (COVID-19): In addition to the below content on force majeure generally, see also: • Coronavirus (COVID-19)...

26th Sep

In-house

Precedents

Compliance with law and regulation clause

Definitions for Compliance clauseRegulations•means any law, enactment, regulation, and regulatory policy, guideline, requirement and industry code of...

26th Sep

Precedents

Set-off clause

1 Set-off permitted by either party Each party may set off any amount that the other party owes it under this agreement[ or...

26th Sep

Precedents

Time of the essence clause

1Time to be of the essence of all clausesEach time, date or period referred to in this agreement (including any time, date or period varied by the...

26th Sep

Precedents

Business day definition

...

26th Sep

Precedents

Day definition

Day means a period of 24 consecutive hours [ending at midnight OR starting at [insert time]]; ...

26th Sep

Precedents

Execution clause—charities (incorporated)—contract

Option 1 Signed by [insert name of director] for and on behalf of [insert name of charitable...

26th Sep

Precedents

Power of attorney for commercial transactions

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...

26th Sep

In-house

Precedents

Termination clause

1Termination1.1This Agreement may be terminated by either party giving a minimum of [enter number] months’ notice in writing to the other party, such...

26th Sep

In-house

Precedents