The UK Energy Prices Bill 2022 survived the decimation of the Prime Minister’s mini-budget and is swiftly making its way through the legislative process. What is it proposing to do? Is it still needed? How can renewable generators prepare for its enaction into law? Read on to find out.
Watson Farley & Williams has advised the founders of energy service provider NWG Power regarding their e-charging joint venture with Shell Recharge Solutions, who have invested in NWG spin-off NWG Charging, which specialises in operating private charging infrastructure.
Watson Farley & Williams has advised aventron AG on its acquisition of the Wölkisch megawatt-class battery storage facility in Germany as part of its strategy to steadily increase its available electricity storage volume.
WFW advises Sequoia as secured creditor in first ever use of UK special administration regime for energy supply companies
Bulb is the UK’s seventh largest energy company with 1,000 staff and over 1.6m customers.
Temporary windfall profit reduction mechanism on remuneration from electricity production activity in Spain
On 15 September 2021, Royal Decree-Law 17/2021 of 14 September 2021, providing for urgent measures to mitigate the impact of soaring natural gas prices in the retail gas and electricity markets was published in the Spanish Official Gazette and came into force the following day.
WFW represented Madrid-based Gnera Energía – a major trader and service provider in renewable energy in the European electricity market since 2005 – before the Regional Administrative Court of Milan.