News & Analysis as of

Nuclear Power

German Utilities Score Billions on Constitutional Challenge to German Nuclear Fuel Tax

by Latham & Watkins LLP on

On 7 June 2017, the Federal Constitutional Court of Germany (FCC) published a recent decision that declared the German Nuclear Fuel Tax Act (Kernbrennstoffsteuergesetz – KernbrStG) void due to the lack of legislative...more

Updates to Energy Related Bills in the 2017-2018 California Legislative Session

by Stoel Rives LLP on

Stoel Rives’ Energy Team has been monitoring and providing summaries of key energy-related bills introduced by California legislators since the beginning of the 2017-2018 Legislative Session. June 2, 2017 was the deadline by...more

Brexit and Euratom – The Issues and Consequences

by Reed Smith on

Prime Minister Theresa May’s letter invoking the use of Article 50 of the Lisbon Treaty confirmed that, as well as withdrawing from the European Union (the “EU”), Brexit also will involve the UK withdrawing from certain key...more

Three Mile Island nuclear plant to close in 2019 absent policy reforms

by PretiFlaherty on

Exelon Corporation has announced thatit will retire its Three Mile Island Generating Station on or about September 30, 2019, unless energy policies change. Located in Pennsylvania, the Three Mile Island plant Unit 1...more

Senate Committee Hearing on FERC Nominees

by Pierce Atwood LLP on

Last week the Senate Committee on Energy and Natural Resources held a hearing to consider the nominations of Robert Powelson and Neil Chatterjee to serve as Commissioners of FERC. Mr. Powelson is currently a Pennsylvania...more

The Future of Takeover Regulation and Corporate Governance in the UK

On 19 April 2017, British Prime Minister Theresa May surprised the country by calling a snap general election for 8 June 2017. While much of the discourse relating to the election is focused on Brexit and normal political...more

Reforms Lead to New Opportunities in Saudi Arabia - Transformative changes in Saudi Arabia are opening up new opportunities in...

Saudi Arabia has recently adopted new policies aimed at transforming its economy, including plans to sell shares in the state oil company, Saudi Aramco, and to expand its Public Investment Fund (PIF) to diversify its...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa - Synposis of energy minister, Mmamoloko Kubayi budget speech - The energy minister reconfirmed that government will proceed with the signing of new nuclear power...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

DoE won’t appeal nuclear ruling, but Kubayi leaves door open for new nuclear determination ahead of IRP update - Energy Minister Mmamoloko Kubayi announced on Saturday that government would not appeal the 26 April ruling...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa - Too much money, not enough green projects in Africa - There is more capital than there are ready renewable projects in Africa, according to the African...more

Energy & Process Corp. Settles Whistleblower Action Related to Construction of Nuclear Waste Treatment Facility

by Dorsey & Whitney LLP on

On Monday, April 24, the U.S. Department of Justice announced that Energy & Process Corp. agreed to pay $4.6 million to settle False Claims Act allegations concerning the construction of a large nuclear waste treatment...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa - Government forced to shelve nuclear deal after court ruling - Government will have to shelve processes already underway to procure 9.6 GW of nuclear energy....more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Power utility Eskom will seek waivers on nuclear rules - Eskom will apply to the Treasury for a series of waivers and exemptions from procurement regulations as it forges ahead with its plan to build a fleet of six to...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Moz plant illustrates rapid commissioning potential of gas engines - Electricity generation using gas as a fuel has great potential to meet the growing needs of many African countries, especially with a peaking-plant...more

A Closer Look at President Trump's Executive Order on Energy Independence

by Holland & Knight LLP on

President Donald Trump's Executive Order (EO) entitled "Promoting Energy Independence and Economic Growth" is a broad directive accomplishing a number of the Trump Administration's energy-related priorities....more

Global Private Equity Newsletter - Spring 2017 Edition: Purchase Price Adjustment Disputes: Drafters Beware

by Dechert LLP on

It is common practice for purchase agreements in private company M&A transactions to contain one set of rules to determine and resolve disputes regarding a post-closing purchase price adjustment and a separate, often vastly...more

Executive Order Seeks Sweeping Reversal of Climate Change Policies to Favor U.S. Energy Production

by Perkins Coie on

President Donald Trump recently signed Executive Order 13783, an omnibus executive order aimed at reducing burdens on further development of domestic energy resources, with “particular attention” to oil, natural gas, coal and...more

Check Your Decommissioning Costs - a Federal Court Narrows the Scope of Eligible Section 172(f) Decommissioning Costs

On March 27, 2017, the U.S. District Court for the Southern District of Florida ruled that disposal fees paid by NextEra Energy Inc. and its subsidiary, Florida Power & Light Co. (NextEra or taxpayer) into the Nuclear Waste...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

South Africa Energy Minister, axed - Many South African’s are stunned at the President’s bold reshuffle of Cabinet last night. Among the 20 position changes – some being axed and others shifted to different portfolios – ...more

Energy Technology Connections Newsletter - Your Law Firm Link to Industry News: March 2017

by Mintz Levin on

Our March edition of Energy Technology Connections brings you recent industry highlights and features a list of upcoming energy industry events throughout the nation. If you enjoy learning about new technology as much as we...more

Potentially Costly Nuclear Rulemaking Proposed - NRC targets include oil & gas industry, cancer treatment providers,...

Despite little evidence that requiring licensees to provide financial assurance to cover the cost of the disposition of certain Category 1 & 2 sources will promote public health and safety, the Nuclear Regulatory Commission...more

Changes to the UK nuclear liability regime

by DLA Piper on

The Nuclear Installations (Liability For Damage) Order 2016 was made on 4 May 2016 and is expected to become law in early 2017. The 2016 Order implements amendments to the Paris Convention and the Brussels Convention in the...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa - Sky is the limit for opportunities in renewable energy market - The global solar industry is a fascinating sector. For a technology that is essentially fairly...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Renewable energy falls short of being a base load power source in South Africa, suggests a researcher. Ben Heard, director of Bright New World organisation and PhD Candidate at the University of Adelaide, has conducted...more

FERC Enters the Trump Era - The agency announces staff-led Technical Conference as Trump administration expected to name new...

On Friday, March 3, 2017, the Federal Energy Regulatory Commission (FERC) made the much-anticipated announcement of its upcoming staff-led technical conference on wholesale energy and capacity markets. The conference...more

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