Home / Energy

Legal News

LCCC signs Revenue Support Agreement for HyNet Cluster

Published on: 24 April 2025

Published by LNB News

LNB News 24/04/2025

Document Information

Issue Date: 24 April 2025

Published Date: 24 April 2025

Jurisdiction(s): England and Wales

Article summary

The Low Carbon Contracts Company (LCCC) signed a Revenue Support Agreement (RSA) for the HyNet Cluster on 24 April 2025, supporting a broad range of low-carbon projects, including industrial carbon capture, hydrogen production, and power generation with carbon capture. The RSA is a private law contract that provides financial stability to transport and storage companies by safeguarding against revenue shortfalls as the carbon capture, usage and storage market evolves.

Popular documents

Late payment penalties—inheritance tax

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

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin

Legal News