The following Energy practice note Produced in partnership with Herbert Smith Freehills provides comprehensive and up to date legal information covering:
Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which connect offshore wind farms to the onshore electricity network. The transmission assets comprise everything between the offshore point of connection with the generating wind farm assets and the onshore point of connection with the onshore network (including all cables and associated connection equipment). The assets typically include any offshore platforms and associated substations, export cables, the onshore substation and onshore cables to connect to the Distribution Network Operator substation.
For more information on the different entities in the Great Britain (GB) onshore and offshore transmission market, and where they fit into the wider GB electricity market, see Practice Note: The Great Britain electricity market—an introduction.
In 2011, the EU Third Energy Package was implemented in the UK through the Electricity and Gas (Internal Markets) Regulations 2011 (2011 Regulations), SI 2011/2704 and introduced the requirement of ‘ownership unbundling’, including the obligation that the ownership and operation of transmission systems be separated from gas and electricity generation, production and supply activities. For more information on this unbundling regime, see Practice Note: The EU third energy package—unbundling.
In June 2009, new regulatory arrangements came into force for transitional offshore transmission projects which were already under construction. Full commencement of the offshore transmission regime occurred in June 2014 so that transmitting
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Statutory declaration of solvencyA company enters voluntary liquidation when the members of the company vote to do so by a special resolution. For more information, see Practice Note: What is a members' voluntary liquidation (MVL) and where/when is it typically used?Before the members can vote on a
The offence of causing grievous bodily harm with intentWounding or causing grievous bodily harm (GBH) with intent is triable only in the Crown Court on indictment. Elements of the offence Under the Offences against the Person Act 1861 (OATPA 1861), the prosecution must prove the defendant unlawfully
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
Overlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover, whether deliberately or otherwise.Examples include the situation where the insured takes the benefit of other insurance arranged by another party or where, in the commercial world, risk
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