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Ofgem has updated its Advanced Procurement Mechanism (APM) Governance Document to version 1.3 as part of the RIIO-ET3 electricity transmission price...
This week's edition of Energy weekly highlights includes two Ofgem publications on: (1) the outcome of its end-to-end connections review, together...
The Office of Trade Sanctions Implementation (OTSI) has issued two general trade licences allowing UK businesses to support the maritime transport of...
The Office for Nuclear Regulation (ONR) has published 'Using relevant good practice in regulatory judgement', a policy clarifying how inspectors use...
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 ContractsIntroductionA production sharing contract (PSC) is a contractual relationship between a host government and a private...
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 issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Gas sales agreement—key clausesTypes of gas sales agreements (GSAs)Contracts for the sale of gas may take several forms, including:•term agreements—which provide for the sale and purchase of gas for a defined period and are generally classified as either short-term (one to five years) or long-term
An introduction to tolling agreements in the LNG sectorIntroductionThe business model underpinning a liquefied natural gas (LNG) project is of fundamental importance since this will determine the risk profile of the project as a whole and consequently, the type of financing that will be required.
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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
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