Energy

Türkiye’s journey toward sustainable energy took a significant leap with the introduction of storage-integrated electricity generation plants.

A new license is being introduced, which is separate than the storage license, for the exportation of the natural gas, extracted or imported in Türkiye.

Additional restrictions are imposed on new investments in the energy sector in Russia.

In January, the United Nations Environment Programme (UNEP) published a summary of the status and trends in climate change litigation, in cooperation with the Sabin Center for Climate Change Law titled, ‘Global Climate Litigation Report: 2020 Status Review’ (the UNEP Report).

2020 was an active year for the Turkish energy market.

The Energy Market Regulatory Authority (“EMRA”) issued the Regulation on Renewable Energy Resource Guarantee Certificates in the Electricity Market (the “Regulation”) on November 14, 2020.

On November 6, 2020 the Ministry of Environment and Urban Planning (the “Ministry”) has introduced amendments to the Environmental Permit and License Regulation (the “Regulation”) to include geothermal power plants (“GPPs”) with an installed capacity of 5MW or more in Annex 2 of the Regulation.

The recent Commercial Court decision in PCP v Barclays Bank Plc [2020] EWHC 1393 (Comm) has provided insight into the scope of waiver of privilege and the “cherry picking rule”.

Join Norton Rose Fulbright partner Todd Alexander as he hosts the latest edition of the Currents podcast series.

Presidential Decision 2949 dated September 17, 2020, extended previously announced feed-in rates for renewable energy.