The following Energy practice note Produced in partnership with Andreas Formosa of Clifford Chance provides comprehensive and up to date legal information covering:
Sections 32N–32Z2 of the Electricity Act 1989 (EA 1989) provide for the closure of the Renewables Obligation (RO) and for the transition of the RO scheme to a fixed price certificate scheme (FPC Scheme). This is to reduce the risk of volatile and increased prices of RO certificates (ROC) in the final ten years of the RO. For more information on the RO scheme and its closure, see Practice Notes: Renewables Obligation (RO)—key features and The Renewables Obligation Closure and Grace Periods: a consolidated summary. The government, in its 2011 energy white paper and subsequent consultations, explained that the risk of increased prices and higher volatility in prices is due to the fact that, following the closure of the RO to new projects in 2017, there will be a closed and diminishing pool of capacity (as RO-accredited generators are decommissioned, or at least until they are no longer eligible to receive ROCs).
While EA 1989 provides for the general framework of the FPC Scheme, the Secretary of State has not yet issued an order under EA 1989, s 32 on the detailed design of the FPC Scheme. However, set out below is an overview of the FPC Scheme based on EA 1989 framework and on the government consultation documents from 2013 and 2014. Many of
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
This Practice Note deals with the relationships arising between principals, agents and third parties with whom the agent deals on the principal’s behalf. It considers the principal’s liability for its agent, agent’s authority including remedies for breach of authority, fraud and misrepresentation,
This Practice Note considers the question of when court proceedings can be stayed. It identifies scenarios in which a party may apply for a stay of proceedings, including to allow for: a jurisdictional challenge; arbitration; an attempt to settle; related criminal proceedings; an opportunity to
Elements of the offence of perverting the course of justicePerverting the course of justice is a common law offence which can only be tried on indictment in the Crown Court. The elements of the offence are:•a person acts or embarks on a course of conduct•which has a tendency to•and is intended to
The rights preserved under the European Convention on Human Rights (ECHR), as set out in the Human Rights Act 1998 Sch 1, can be broadly divided into three groups:•absolute rights—which cannot be interfered with by the state or derogated from even in a state of emergency•limited rights—which may be
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.