The capacity market, which was introduced as part of the government’s electricity market reform, was established to ensure security of supply in light of the increasing diversity of generation technologies in the UK market. Previous articles from the Burges Salmon team have set out the details of the capacity market and tracked recent updates and consultations. … Continue reading “Capacity for debt? Funding issues and the capacity market”
Low oil prices have been causing negative headlines for some time. However, they present opportunities to cash-rich investors looking to acquire assets at discounted prices. Conversely, owners looking to monetise their interests will want to ensure they have their affairs in order in this buyers’ market.
Legal Briefing | Projects, energy and natural resources | Gowling WLG
Nestled between the economic powerhouses of India and China, with a 51 million-strong population and rich in mineral deposits, Myanmar has been heralded as the world’s best up-and-coming mining spot. But how feasible is it to get involved with mining in Myanmar?
More than four years after its inception, the EU’s Regulation on Energy Market Integrity and Transparency No 1227/2011 (REMIT) is finally getting onto the radar of compliance departments. The first fines for non-compliance have recently been handed out by regulators, and on 7 April 2016 the second phase of REMIT’s data collection and reporting requirements … Continue reading “REMIT – tough enforcement hits energy disclosure regime”
Currently there is about 210 MW of operating onshore wind capacity that is older than 15 years, but by 2020 this figure will grow to nearly 1,000 MW. As onshore wind farms reach the end of their design life, there are a range of options which will be available to the operator. These range from … Continue reading “Making the most of onshore wind assets”
With BHS going into administration with an estimated £571m pension deficit and various parties connected to BHS facing questions from the Work and Pensions Select Committee (the Committee) about their role in the sale of the business and the escalation of the pension deficit, the business and political spotlight is firmly on pension deficits and … Continue reading “Pension deficits and refinancing negotiations”
It has been a busy time for Scotland’s constitution. No sooner was the 2014 independence referendum out of the way than the debates and arguments began on new powers for the Scottish parliament. That debate resulted in the Scotland Act 2016, passed shortly before May’s Scottish parliament election.
Marks and Spencer plc v BNP Paribas Securities Services Trust Company (Jersey) Ltd  is set to be the leading authority on implied terms for some time to come. The Supreme Court confirmed that the more restrictive test of strict necessity remained applicable in all cases. All practitioners must understand the impact of the decision … Continue reading “M&S and implied terms: better not left unsaid…”