The European Commission has declared German plans to grant EUR 1.6 billion public financing for decommissioning and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules.
Archive for the 'Europe' Category
The IBA Oil and Gas Law Committee is organising a conference on “Opportunities and Challenges for the Oil & Gas Business: from a North Sea and Atlantic Perspective” in Oslo from 22 to 24 June 2016. I will be on the panel discussing the Paris Agreement and its impact for the oil and gas business.
The EU’s General Court today sided with the Commission’s view that the EEG 2012 involved state aid. It rejected Germany’s arguments to the contrary, seeking annulment of a Commission decision of 25 November 2014 on a scheme for the support of renewable electricity and of energy-intensive users.
The revised Waste Electrical and Electronic Equipment Act (Elektro- und Elektronikgerätegesetz – ElektroG) has entered into force yesterday, 24 October 2015.
The Federal Ministry of Economic Affairs and Energy (BMWi) said that an agreement has been reached with the lignite power station operators Mibrag, RWE and Vattenfall on putting 2.7 GW first into a special reserve and then later close the plants down. Minister Gabriel considers this to be important for reaching Germany’s climate targets.
I had the pleasure of chairing a great session on “Hot topics on gas supply arrangements” at the IBA’s Annual Conference in Vienna.
On 1 October, Oxera and Bird & Bird will be organising an afternoon seminar in Düsseldorf on “Capacity Mechanisms in the Energy Turnaround – Risks for Market Participants? The seminar will cover important current energy state aid law questions, and will be held mainly in German. It is free, but places are limited. Please send me an e-mail if you are interested.
In early July the Federal Ministry for Economic Affairs and Energy (BMWi) presented key points for measures to further promote the German energy transition (Energiewende) towards a mainly renewable energy supply. They included the proposal to gradually transfer some of the oldest coal-fired plants with a capacity of 2.7 GW to a capacity reserve (for which a cost-based remuneration would be paid) and close down the plants four years thereafter. The department of European Affairs that advises Parliament (Bundestag) has expressed doubt about the compatibility of the plans with EU law, the spokeswoman for climate policy for the Green Party and media sources said citing from the unpublished report.
Who’s Who Legal in July published its annual list of the world’s leading practitioners in the energy area for 2015. I am happy to report that I was again included in this list.