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The EU’s New Energy Efficiency Directive Becomes Applicable Across Europe

On June 5, 2014, the European Union’s Energy Efficiency Directive (“EED”) will become applicable in all EU Member States. This Directive establishes an EU-wide framework aimed at promoting energy efficiency and will provide important challenges and opportunities for companies doing business in Europe. What is the purpose of the Directive? The EED is one of … Continue Reading

MiFID II: Impact on the Energy Sector

In 2011, the European Commission put forward sweeping proposals to amend and extend the European Union’s Markets in Financial Instruments Directive (MiFID).  The proposals have been approved in April 2014, after intense discussions between the European Commission, Council of the European Union, and the European Parliament.  The new legislation includes a directive (MiFID) and a … Continue Reading

“What’s in a Name?: Legal Implications of the EU Recommendation on Shale Gas”

While the European Commission’s Recommendation on Shale Gas of  January 22, 2014 is not legally binding, it may have different legal impacts on EU institutions and agencies as well as public authorities and private parties in the EU Member States.  The attached article published in the Environmental Law Reporter describes four different legal scenarios that could … Continue Reading

Competition Inquiry into the UK Energy Market

When Labour leader Ed Miliband made a promise in September 2013 to freeze household fuel bills for 20 months if he were to win next year’s election, he instantly made energy supply and pricing one of the central election topics in the UK.  Prime Minister David Cameron’s immediate response was to cut green levies paid … Continue Reading

Upcoming New Legislation to Facilitate Shale Gas Operations in Poland

The Polish government has proposed new draft rules on the prospection, exploration and extraction of hydrocarbons as well as their taxation that aim to facilitate the development of shale gas operations in Poland. The proposed amendments to the Geological and Mining Law would significantly streamline the procedures to grant concessions and also extend concession periods.  … Continue Reading

The UK Government pledges to cut green taxes, but at what cost to gas and electricity suppliers?

Governments globally are grappling with difficult decisions about green energy policies: maintain green initiatives or remove the strains on economic growth? It is interesting to look across the globe for examples of how different Governments are reacting. In recent months, the UK has opted to “tweak” its green levies to save households an anticipated average … Continue Reading

The New European Commission’s Communication and Recommendation on Shale Gas

On January 22, 2014, the European Commission published its Communication and Recommendation on Shale Gas.  The documents finally published are essentially the same as the draft versions that we reported in our blog post of January 17, 2014 and only introduce minor changes. Among other things, the Recommendation now confirms that it “neither implies that … Continue Reading

The Upcoming European Commission’s Recommendation on Shale Gas: A Transitional Political Compromise?

The European Commission is expected to adopt a communication and recommendation on the exploration and production of unconventional hydrocarbons (especially shale gas).  The draft communication and recommendation, which are still subject to change, are being discussed among the cabinets of the 28 Commissioners of the European Commission as part of the 2030 climate change package, … Continue Reading
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