WELCOME TO THE 2019-2020 EDITION OF THE EUROPEAN ENERGY HANDBOOK!
Now in its eleventh edition, the European Energy Handbook 2019 - 2020 provides an in-depth survey of current issues in the energy sector in 42 European jurisdictions.
In addition to contributions for the European Union, Belgium, France, Germany, Ireland, Italy, Russia, Spain, and the United Kingdom from our own offices, this year we have contributions from Schoenherr (Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Moldova, Montenegro, Romania, Serbia, the Slovak Republic and Slovenia), Loloçi & Associates (Albania), Kromann Reumert (Denmark), Ellex Raidla (Estonia), Roschier (Finland and Sweden), Kyriakides Georgopoulos (Greece), BBA//Fjeldco (Iceland), Meitar Liquornik Geva Leshem Tal Law Offices (Israel), Kinstellar (Kazakhstan), Cobalt (Latvia and Lithuania), Arendt & Medernach (Luxembourg), Zammit Pace Advocates (Malta), Houthoff (the Netherlands), Karanovic & Partners (North Macedonia), Arntzen de Besche Advokatfirma AS (Norway), WKB Wierciński, Kwieciński, Baehr (Poland), Campos Ferreira, Sá Carneiro & Associados (Portugal), Homburger (Switzerland), Kolcuoğlu Demirkan Koçaklı (Turkey), and Avellum (Ukraine).
This year's edition focuses on recent legal and commercial developments in each jurisdiction, and covers issues such as the Energy Union, the adoption of the latest package of EU energy legislation, and the 'Clean Energy for All Europeans' bundle of directives and regulations updating the EU's energy policy framework to facilitate the decarbonisation of the sector and the transition towards cleaner energy.
Climate change, the energy transition and associated challenges are strong themes in nearly all of the contributions of this edition – as each jurisdiction aims to meet its EU renewable energy obligations by 2020 and beyond. Other topics in this edition include the increasingly important role of electricity storage, new nuclear projects, the progress of privatisations, new gas and electricity interconnectors, the emergence of subsidy-free renewable energy projects in a number of jurisdictions as well as the growing role of electric vehicles, the need for charging infrastructure, and their impact on electricity grids. At the time of writing, the exact shape of Brexit is as yet unclear. Wider political implications for the UK and the EU aside, Brexit will also have an impact on the energy sector, as it puts into question the continued coupling of the British (and, indirectly, the Irish) electricity markets to the EU energy markets, and the current electricity and gas trading arrangements between Great Britain and the EU.
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The contents of this publication, current at the date of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2019