United Kingdom: Oil, Gas & Electricity

As discussed in our February legal briefing, the EU Commission has recently proposed a sustainability "Omnibus" package, intended to deliver on its simplification agenda by amending certain key legislation - the Corporate Sustainability Reporting Directive ("CSRD"), the Corporate Sustainability Due Diligence Directive ("CS3D") and the Carbon Border Adjustment Mechanism Regulation ("CBAM") with concurrent changes to the detail of the Taxonomy Regulation.

The recent fire which broke out at the North Hyde substation (SST) in Hayes, west London received significant publicity over the resulting blackout at Heathrow airport...

In January of this year, DfT concluded its consultation and confirmed that a guaranteed strike price mechanism will be progressed as the preferred option for giving SAF producers revenue certainty.