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Ofgem has launched a consultation on its draft determinations for the 2026 Advanced Procurement Mechanism (APM) Re-opener, proposing to increase...
The European Commission has adopted a delegated regulation supplementing Regulation (EU) 2024/3012 (the Carbon Removals and Carbon Farming (CRCF))....
The Department for Energy Security and Net Zero (DESNZ) has published its response to the consultation on consumer engagement for consumer-led...
The Department for Energy Security and Net Zero (DESNZ) has published the July 2026 update to the 2025 Clean Flexibility Roadmap, introducing new...
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
LNG sale and purchase agreementsTypes of LNG sale and purchase agreementsLiquefied natural gas (LNG) is commonly traded as a portfolio commodity, in which a participant may break up several long-term sales agreements into short-term transactions to optimise transport costs and balance supply
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
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