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Energy & Natural Resources

05 August 2019
Nicolaj Kleist New government announces climate and energy plan

Denmark - Bruun & Hjejle

The new government has raised the bar for climate and environmental goals with the aim of making Denmark the world leader in the transition to renewable energy. The government's climate plan calls for a significant focus on the use of wind energy and a new agreement goes even further than the 2018 energy agreement, with plans for an offshore energy island with a capacity of at least 10GW.

Author: Nicolaj Kleist
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Mira Todorovic Symeonides Schedule for competitive procedures in 2019 and 2020

Greece - Rokas Law Firm

The minister of environment and energy recently amended the competitive procedures for determining operating state aid granted as feed-in premiums for 2019 and 2020. Further, the latest competitive procedures resulted in significant price reductions for photovoltaic (PV) and wind projects. However, owners of small PV plants have claimed that they have been disadvantaged by the merging of all PV plant categories into one.

Authors: Mira Todorovic Symeonides, Nikoleta Nikolaou
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Pranay Bhatia Union Budget 2019: e-vehicle manufacturing incentives

India - BDO LLP

On the back of its new electoral mandate, the Modi Sarkar 2.0 government recently presented its first budget, which proposes a number of amendments regarding electric vehicle (e-vehicle) manufacturing. Among other things, the government has proposed reducing the goods and services tax on e-vehicles, providing an additional income tax deduction on interest paid on loans taken to purchase e-vehicles and waiving customs duty on e-vehicle parts.

Author: Pranay Bhatia
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Giffy Pardede New regulation establishes penalties for failure to repatriate proceeds of natural resources exports

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

The start of 2019 saw a renewed attempt by the government to compel exporters of natural resources-based commodities to repatriate their export earnings and deposit them in the Indonesian financial system with the issuance of new rules in this regard. The minister of finance has now established penalties for non-compliance with these rules.

Authors: Giffy Pardede, Mahatma Hadhi
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Recent updates

Judith Aldersey-Williams OGA publishes enquiry guidance

United Kingdom - CMS Cameron McKenna Nabarro Olswang LLP

Authors: Judith Aldersey-Williams, Valerie Allan, Nikola Tait
Frode A Berntsen Upstream parent company guarantee challenged in court for first time

Norway - Advokatfirmaet Simonsen Vogt Wiig AS

Authors: Frode A Berntsen, Halvor Klingenberg
Carlos Ramos Miranda Upcoming reporting obligations for oil and gas permit holders

Mexico - Hogan Lovells BSTL SC

Authors: Carlos Ramos Miranda, Perla Gizeh Díaz Taracena
Aleksandra Kolenda President of Energy Regulatory Office's term of office comes to an end

Poland - Kubas Kos GaƂkowski

Authors: Aleksandra Kolenda, Kamil Zawicki, Agata Wojtczak