Energy (J)



Meet the Co-chairs - TAGLAW


Brede, Jens
Kvale Advokatfirma DA
jhb@kvale.no


Meet the Co-chairs - TIAG


Pestana, Felipe Batista dos Reis
Grupo Planus
felipe@grupoplanus.com.br


Energy (J)


Contact: Ece Yilmaz; Erdem & Erdem (Turkey)

Introduction

Various investment incentives are adopted in order to encourage investments in the field of renewable energy resources, and to prevent potential investors’ hesitation to enter the electricity generation market due to high investment costs. Renewable Energy Resources Support Mechanism (“YEKDEM” or “YEK Support Mechanism”) has been established in an attempt to promote investments regarding renewable energy resources in Turkey. Within this context, the Regulation on Certification and Support of Renewable Energy Resources (“YEKDEM Regulation”) that was issued in accordance with the Law on the Use of Renewable Energy Resources for Electric Energy Generation numbered 5346 (“YEK Law”)[1], entered into force through publication in the Official Gazette dated 01.10.2013, and numbered 28872. This newsletter article examines the provisions of the Regulation in question. 

Read the entire article.


Contact: Gaye Spolitis; Erdem & Erdem (Turkey)

Introduction

The Turkish Electricity Market Regulatory Authority (“EMRA”) prepared a draft Exposure Draft(“Draft”) to amend the Regulation on the Unlicensed Electricity Generation (“Regulation”)[1] that was submitted for the public in November, 2015, for commentary and review from market players, investors, legal and business advisors. The Draft is an indication of the will from the regulator and a projection of a possible legislation; therefore, this short article highlights the main issues of consideration prior to the publication and entry into force of the Draft.

Read more: Proposed Exposure Draft to Amend the Regulation on Unlicensed Electricity Generation


Contact: James Plumb, Partner and Duncan Lomas, Solicitor

In Agripower Australia Ltd v Coleman & Anor [2015] QCA 266, the Court of Appeal has rejected an appeal by Agripower Australia Ltd (Agripower) against the earlier decision of Coleman v Prentice & Anor [2015] QSC 118. Agripower holds a mining lease over a large deposit of diatomaceous earth in North Queensland.

Read more: Court of Appeal upholds decision in dispute regarding mining services agreement


Contact: James Plumb, Partner 

QIC Ltd’s announcement of a $1.78 billion deal to buy the Iona underground gas facility from EnergyAustralia has sharpened the focus of the Australian oil and gas industry as to the value associated with the sector’s ‘midstream’ infrastructure.

To read the full article click here, or visit www.carternewell.com.


Contact: LK Shields (Ireland)

Ireland’s biomass resources can play an important role in reducing greenhouse gas emissions in Ireland and in providing an alternative means of energy production.

At LK Shields, we have recently seen a growth in the number of biomass energy projects coming on stream.

The movement to biomass renewable heat can benefit Ireland in reducing the risk of exposure to price fluctuations in traditional fossil fuels and, as much of the biomass can be sourced in Ireland, in ensuring security of supply. It will also lead to the creation of local jobs and broaden our agricultural base...

Read more: Ireland's Biomass Potential