GLG News by Energy / Utilities Experts: Legal, Economic, and Regulatory Affairs (UK)

Stop conning the public purse

Recent reports provide fuel for the claim that billions of dollars spent subsidising projects to reduce greenhouse gas emissions in developing countries are being 'wasted', because projects would have gone ahead anyway. The underlying facts are essentially correct, but readers should beware drawing...

I think the huge rise in crude feedstock costs is quite an interesting scenario. Most of the major Oil producers and explorers are being cautious where production volume is concerned due to depletion of certain reserves and their attention on untap petroleum feedstocks such as shale , tar and investment ...

There is another flaw in the Arrhenius argument, not mentioned in peer reviews dealing with the distinction between wholesale power market spot and future prices. The Arrhenius authors appear to assume that green certificates would be issued or required on top of the German feed-in tariff...

The block placed on the Phonak/ReSound merger in the hearing aids market by the German competition authorities although significant should not be seen as the rule but as an exceptional event. The nature of the market and the existence of a vociferous complainant competitor that is headquartered...

Whilst the upcoming decision of the European Court of First Instance promises to be a blockbuster in its own right, there is more at stake than the interests of the parties directly involved and the industrial sector that they represent. An entire zone of European antitrust enforcement, namely...

Whilst moving to a more economics-based approach makes good theoretical sense, it is going to make antitrust compliance a great deal harder to achieve. The EU is unlikely to match the US with regard to the legality of enforcing minimum retail prices any time soon. That being said resale price maintenance...

The pro-independence Scottish National Party has won one more seat than its rival Labour Party, making it the largest party in the Scottish Parliament. 700 votes in the Western Isles tipped the balance, winning the SNP the seat and the dominant role in Parliament.Plans for three large windfarms were...

WaveHub, a publicly funded wave farm development hub has announced that it has closed development funding of £21.5 million to enable development of the hub.The WaveHub is intended to be a central electrical connection into which small arrays of experimental wave energy devices can connect.So...

Chevron has agreed to invest some euros 600,000 in Irish company WaveBob.This makes Chevron a member of the exclusive club of major oil companies with investments and projects in renewable energy, including Shell (offshore wind, biomass) and Total (offshore wind).It also gives WaveBob a shot in...