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energy news

Get an overview of our energy news.

Read through our energy experts' articles, publications and news:

newsletter

20 January 2021

austria

B.Rajal A.Farahmand

Austria: Network reserve to become part of congestion management system

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newsletter

13 January 2021

austria

B.Rajal S.Orator-Saghy

Energiegemeinschaften – Gewerbeberechtigung erforderlich?

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publication

Chambers Environmental Law 2020

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newsletter

16 December 2020

austria

B.Rajal A.Farahmand

Netzreserve neu

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event

11 December 2020

austria

B.Rajal B.Schlatter

Road to Renewables: Die Windkraft im neuen Erneuerbaren-Ausbau-Gesetz

Der Ausbau der Windkraft um 10 TWh bis zum Jahr 2030 ist ein ambitioniertes Ziel, das mit Hilfe des neuen Erneuerbaren-Ausbau-Gesetzes (EAG) erreicht werden soll.

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press release

09 December 2020

austria

M.Ebner M.Pressler

Austria: Schoenherr advises Hypo Vorarlberg on EUR 330m synthetic securitisation to boost energy-efficient buildings

Schoenherr advised Hypo Vorarlberg on the synthetic securitisation of a EUR 330m portfolio of loans to small and medium-sized enterprises, corporate borrowers or certain private individuals. The transaction is designed to achieve regulatory capital relief under CRR (II) / CRD IV (V). The transaction builds upon a similar securitisation completed with Schoenherr's support at the end of 2017. It is a part of the European Investment Bank's response to support the Austrian economy following the COVID-19 pandemic.

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event

16 December 2020

austria

B.Rajal A.Farahmand

Road to Renewables: Netzreserve 2.0 - 4 Paragraphen, aber viele, viele Fragen!

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publication

13 November 2020

austria

C.Cudlik

Ist das österreichische Anlagenrecht reif für Power-to-X-Anlagen?

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event

20 November 2020

austria

B.Rajal P.Nimmerfall

Road to Renewables: Energiegemeinschaften

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press release

Bulgaria: Schoenherr advises MET Group on acquisition of 42 MW wind park from Enel Green Power

Schoenherr advised MET Group on the acquisition of a 100 % stake in one of the biggest wind parks in Bulgaria from Enel Green Power S.p.A. The 42-megawatt wind park, operational since 2010, is situated in the Kavarna region near the Bulgarian Black Sea coast. Schoenherr acted as legal advisor on the buy-side. Merger clearance still needs to be obtained as closing is expected by the end of the year.

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newsletter

Wasser(kraft) marsch! Ein Überblick zum neuen Fördersystem für Wasserkraft

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newsletter

19 October 2020

austria

B.Rajal A.Farahmand

Sparking change: Renewable Energy Expansion Act published for evaluation

On 16 September 2020 the eagerly awaited draft Renewable Energy Expansion Act (EAG) was published for evaluation.

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publication

12 October 2020

C.Cudlik

Power-to-X im österreichischen Anlagenrecht

Ist das österreichische Anlagenrecht reif für Power-to-X-Anlagen?

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media coverage

08 October 2020

austria

B.Rajal

Schnelle Energiewende mit vielen Fragezeichen

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newsletter

A Legislative Boost to the Energy Sector in Montenegro

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press release

Bulgaria: Schoenherr advises Enery on the acquisition and refinancing of the biggest solar park in Bulgaria

Schoenherr led Austrian renewable energy producer Enery to the completion of its acquisition of the largest photovoltaic park in Bulgaria. 

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newsletter

Don Quijote aufgepasst: Ein neues Fördersystem für Windkraft kommt!

Begutachtungsentwurf zum Erneuerbaren Ausbau-Gesetz (EAG)

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newsletter

25 September 2020

austria

B.Rajal

Energie aus Biomasse und Biogas

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newsletter

23 September 2020

austria

B.Rajal A.Farahmand

Hier kommt die Sonne(nenergie)

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newsletter

20 September 2020

austria

B.Rajal S.Orator-Saghy

EAG-Entwurf: Energiegemeinschaften als neue Marktteilnehmer!

Der mit Spannung erwartete Begutachtungsentwurf des Bundesgesetzes über den Ausbau von Energie aus erneuerbaren Quellen (Erneuerbaren-Ausbau-Gesetz – EAG) enthält ua Regelungen zu Erneuerbaren-Energie-Gemeinschaften. Damit soll die Bürgerbeteiligung an der Energiewende und eine verstärkte dezentrale Energieversorgung in Österreich gefördert werden.

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newsletter

17 September 2020

austria

B.Rajal A.Farahmand

Erneuerbaren-Ausbau-Gesetz (EAG)

Begutachtungsentwurf veröffentlicht –  Ein erster Überblick!    

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press release

Romania: Schoenherr advises OMV Petrom on strategic partnership with Auchan to open 400 MyAuchan proximity stores in Petrom filling stations

Schoenherr Romania advised OMV Petrom on all legal matters regarding the extension of an existing partnership with Auchan Retail Romania, to open 400 MyAuchan proximity stores in Petrom filling stations over the next five years. Depending on the square meterage of the station, up to 2,500 products will be available on the shelves of MyAuchan proximity stores, allowing Petrom customers to do their grocery shopping while fuelling their cars.

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newsletter

Energy: Bulgaria introduces licensing regime for natural gas traders

With a last-minute amendment of the Bulgarian Energy Act of 26 June 2020, natural gas trading becomes an activity subject to licensing by the Energy and Water Regulatory Commission (the "Energy Commission").

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press release

23 June 2020

austria vienna

C.Schmelz

Österreich: Schönherr erreicht für TIWAG finalen Durchbruch beim Vorhaben "Speicherkraftwerk Kühtai"

Schönherr hat für die TIWAG-Tiroler Wasserkraft AG ("TIWAG") die letzte rechtliche Hürde auf dem Weg zur Umsetzung des Vorhabens "Speicherkraftwerk Kühtai" genommen: Nachdem der Verfassungsgerichtshof (VfGH) bereits im September 2019 die Behandlung des Rechtsmittels einer Bürgerinitiative abgelehnt hat, wurden mit der nun zugestellten Entscheidung des Verwaltungsgerichtshofs (VwGH) auch die letzten Rechtsmittel von Projektgegnern gegen die Genehmigung dieses Vorhabens zurückgewiesen.

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press release

Austria: Schoenherr attains final breakthrough for pumped hydro power plant "Kühtai"

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newsletter

22 June 2020

austria

F.Schneider B.Rajal

Consultations on TAR NC and second amendment to Gas System Charges Ordinance

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press release

Schoenherr advises European Commission on legislative options for upgrading European gas markets

Schoenherr (as leader of a consortium of European law firms) has conducted a comprehensive study on the regulatory and administrative requirements for entry and trade on the gas wholesale market in the EU for the European Commission, Directorate General Energy (DG ENER). 

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newsletter

04 June 2020

romania

M.Cojocaru

Will the COVID-19 pandemic ramp up Romania's green ambitions?

The unprecedented economic crisis caused by the COVID-19 pandemic is severely impacting the electricity sector, with demand falling as much as 20 % in certain cases, according to data published by the International Energy Agency (IEA).

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newsletter

Green light for green electricity l Slovakia

Up until the end of 2018, renewable energy sources (RES) generators in Slovakia were mainly subsidised in the form of a guaranteed feed-in tariff granted for 15 years, the amount of which depended on the date when the RES facility was put into operation.

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press release

06 March 2020

austria

C.Herbst

Austria: Schoenherr advises HS Timber Group and Blue Minds IF on the acquisition of Interfloat

Schoenherr advised Austrian HS Timber Group and Blue Minds IF on the acquisition of Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH. 

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press release

Schoenherr advises Kommunalkredit Austria AG on Czech and Slovak acquisition financing to Enery Development

Schoenherr advised Kommunalkredit Austria AG as arranger and original lender, on the Czech and Slovak acquisition financing provided to Enery Development for the acquisition of six 21 MW solar power plants in the Czech Republic and two 4 MW solar power plants in the Slovak Republic, from Czech fund Green Horizon Renewables.

 

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publication

The International Comparative Legal Guide to: Oil & Gas Regulation 2020

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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media coverage

16 January 2020

austria

B.Rajal

Erzeugt bald jeder seinen Ökostrom?

Künftig soll es leichter und attraktiver werden, sogenannte Energiegemeinschaften zu gründen, die sich mit Ökostrom versorgen. Viele Details sind aber noch unklar.

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roadmap

Auction-based Subsidies in the Renewable Energy Sector: Time to Forget the Safe Space of Guaranteed Tariffs

Subsidies for power generation from renewable energy sources (RES) are undergoing material structural changes in the CEE region.

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newsletter

08 November 2019

croatia slovenia

E.Škufca U.Picelj

State aid for the Balkan's energy mix approved

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media coverage

06 November 2019

hungary

D.Varga

Green Premiums in Action: 1st Tender for Renewable Energy Subsidy Launched

First published in Budapest Business Journal, 06.11.2019

Many renewable energy investors have waited more than two years to see how green premium tenders would work in Hungary. The waiting was cut short by the Hungarian Energy and Public Utility Authority (MEKH) in September, when the first pilot tender was launched.

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newsletter

18 October 2019

austria

N.Zafoschnig

Electric filling station: no operation of an electricity company - Austria

In its decision of 18 September 2019, the Austrian Higher Administrative Court ("VwGH") found that the operation of an electric filling station does not constitute the operation of an electricity company and is thus subject to the rules of the Austrian Trade Act ("GewO").1

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newsletter

27 September 2019

austria

B.Rajal A.Farahmand

Additional funding for renewable energy - Austria

On 25 September 2019, an amendment to the Green Electricity Act (Ökostromgesetz 2012 – "ÖSG 2012") passed the Austrian National Council. The objective of the amendment is to prevent an interruption of the expansion of green electricity and to ensure a stable transitional period until the Renewable Energy Expansion Act (Erneuerbaren Ausbau Gesetz) is adopted in the next legislative period.

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newsletter

Consultation on implementation of network code on harmonised transmission tariffs

EU Regulation 2017/460 (16 March 2017) has established a network code on harmonised transmission tariff structures (TAR NC).

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newsletter

06 May 2019

romania

M.Cojocaru

A second chance for the renewables sector?

The Romanian Ministry of Energy recently finalised the public debate of a document outlining a new mechanism for supporting low-carbon electricity generation, in the form of a Contract for Difference (CfD) scheme.

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publication

The International Comparative Legal Guide to: Oil & Gas Regulation 2019

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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press release

17 January 2019

bulgaria

S.Tsekova

Bulgaria: Schoenherr advises Woodside Energy on a farm-out agreement with Shell International

Schoenherr has advised Woodside Energy, Australia ("Woodside") on the farm-out agreement with Shell International Exploration and Development Italia S.p.A., concerning Block Khan Kubrat 1-14 in the Black Sea. 

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newsletter

06 November 2018

romania

M.Cojocaru

The Oil & Gas Offshore Law: A Romanian Odyssey

Debate is raging about the Romanian "offshore" law setting out the legal framework for oil & gas exploration and production in the Black Sea offshore perimeters (the "Offshore Law" or the "Law"), fuelling political turmoil and deterring investment. After a failed attempt to pass the Offshore Law in summer, there are signs of much needed stability.

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press release

CEE: Schoenherr advises on sale of United Group by KKR to BC Partners

Schoenherr has advised on the sale of a majority stake in United Group, the leading media and communication services provider across South East Europe, by KKR to funds advised by BC Partners. 

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newsletter

03 September 2018

austria

N.Zafoschnig

Austria: Automatic permits for certain energy infrastructure projects

Proposed new legislation would introduce automatic permits for certain energy infrastructure projects (eg, electricity grids and power plants). According to the federal minister for digital and economic affairs, in order to maintain Austria's attractiveness as a business location and ensure sustainable development, comprehensive investment in its infrastructure is required. 

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press release

09 August 2018

hungary

D.Varga K.Hetényi

Hungary: Schoenherr strengthens regulatory team with energy law expert Daniel Varga

Schoenherr Hungary has boosted its regulatory capabilities by welcoming back experienced attorney at law Dániel Varga to the team.

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press release

07 June 2018

austria

R.Bachner

Schoenherr advises UniCredit on strategic Bancassurance partnerships with Allianz and Generali in CEE

Schoenherr has advised the UniCredit Group on establishing two exclusive strategic partnerships with Allianz and Generali for the distribution of insurance products for individuals and small-businesses in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia, and Slovenia announced on 5 June 2018 (see here)

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newsletter

18 April 2018

austria

C.Jirak

Right to clean air – latest developments

In general, the Austrian legal system does not give individuals the right to force the legislature to act in a specific way or pass concrete laws. Normally, only political pressure can combat inaction. However, when it comes to air quality, things are different.

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newsletter

18 April 2018

austria

B.Rajal

Proposed amendments to gas ordinances and balancing system

To comply with the applicable EU regulations, E-Control recently published draft amendments to the Gas System Charges Ordinance 2018 and the Gas Market Model Ordinance. In response to international criticism, E-Control also proposed a redesign of the Austrian gas balancing system. In order to implement these amendments in the current Austrian gas market, E-Control, in cooperation with the transmission system operators Gas Connect Austria GmbH and Trans Austria Gasleitung GmbH, drafted a proposal to establish a virtual interconnection point at Baumgarten.

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press release

Austria: Schoenherr leads Vienna Airport to success in third runway proceedings: Federal Administrative Court gives green light

Schoenherr has secured a significant victory for the Vienna International Airport ("VIE") and the province of Lower Austria in the proceedings for the third runway at the airport.

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press release

23 March 2018

slovenia

B.Brežan

Schoenherr advises Slovenian ENI subsidiary on acquisition of Mestni Plinovodi

Schoenherr has advised Adriaplin d.o.o. ("Adriaplin"), the Slovenian subsidiary of Eni S.p.A., on the acquisition of Mestni Plinovodi d.o.o. ("Mestni Plinovodi"), a local natural gas distribution network operator and gas supplier, from a consortium of sellers consisting of gas distributors Ireti and ACSM-AGAM from Italy and Istrabenz Plini from Slovenia.

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newsletter

20 March 2018

croatia

P.Šantić*

New Gas Market Act - Croatian gas market reform continues in 2018

The new Gas Market Act came into force on 3 March 2018 (Zakon o tržištu plina)[1], with the primary aim of regulating the rights and obligations of participants in the Croatian gas market pursuant to the Third Gas Directive (2009/73/EC). In short, the Croatian gas market was legally liberalised in 2008, and de facto opened in the 2012/2013 gas season with a further gas market reform in 2014 and 2017. A brief outline of the latest amendments to the Gas Market Act adopted in February 2017 can be found here. Despite efforts to open up the Croatian gas market, in 2015 and 2017 the European Commission initiated two distinct infringement proceedings against Croatia for noncompliance with the above Directive.

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publication

The International Comparative Legal Guide to: Oil & Gas Regulation 2018

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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press release

08 February 2018

romania

S.Guţiu

Schoenherr Bucharest scoops 5 ILO Client Choice Awards 2018

Schoenherr Bucharest received five out of nine Client Choice Awards from the International Law Office ("ILO") in 2018. 

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press release

Schoenherr advises Deutsche Private Equity on acquisition of Euro-Druckservice

Schoenherr advised Deutsche Private Equity Management III ("DPE") on its acquisition of leaflet printing business Euro-Druckservice ("EDS") from a consortium of three company shareholders. 

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newsletter

EU: Lex "Nord Stream 2" in the pipeline

The European Commission has proposed an amendment to the Third Gas Directive 2009/73/EU ("Gas Directive") in order to extend the common gas rules to import pipelines. This will ensure the coherent applicability of the core principles of EU energy legislation (third-party access, tariff regulation, ownership unbundling and transparency) to all gas pipelines to and from third countries.

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publication

European Energy Handbook 2017

This year's edition provides a legal framework of the energy sector in each jurisdiction, covering the structure and design of the gas and electricity industries, the regulations governing them, as well as existing and planned projects such as cross-border interconnectors. 

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newsletter

30 October 2017

romania

M.Cojocaru

Romania to Introduce New Oil & Gas Royalties Regime

The Romanian government recently opened discussion on a long-awaited draft law aimed at redefining the existing oil & gas royalties system.

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newsletter

04 September 2017

austria

N.Zafoschnig

Austria: New rules for mismatched unbundled capacities at interconnection points

The Gas Market Model Ordinance 2012 introduced a new gas market model in Austria. The ordinance regulates network access, capacity management and the balancing system in the three Austrian gas market areas: East, Tyrol and Vorarlberg.

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press release

Austria/Poland: Schoenherr advises KPS Capital Partners, New York, USA on acquisition of DexKo Global

Schoenherr advised US asset manager KPS Capital Partners, LP, New York, USA ("KPS") on the acquisition of DexKo Global's ("DexKo") production facilities in Austria and Poland, from private equity investment firm Sterling Group L.P.

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publication

09 August 2017

austria

C.Cudlik

Wasserwirtschaftliche Planung durch Private

Wasserwirtschaftliche Planung durch Private in Österreich

Die wasserwirtschaftlichen Rahmenpläne sind ein Bottom-up-Planungsinstrument des österreichischen Rechts, durch das Private aktiv zur wasserwirtschaftlichen Planung beitragen können. In der Praxis erweisen sich diese aufgrund größerer Detailliertheit und Lösungsorientiertheit als optimale Ergänzung zu dem übrigen Planungsinstrumentarium, der hoheitlichen Top-down-Planung sowie den hoheitlichen Zustimmungsbefugnissen.

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press release

Österreich: Schönherr erreicht für TIWAG entscheidenden Etappensieg bei Umsetzung des Bauvorhabens "Speicherkraftwerk Kühtai"

Schönherr hat für die TIWAG-Tiroler Wasserkraft AG ("TIWAG") einen wichtigen Erfolg auf dem Weg zur Umsetzung des Vorhabens "Speicherkraftwerk Kühtai" erreicht: Das Bundesverwaltungsgericht ("BVwG") hat das Vorhaben unter Vorschreibung zusätzlicher Maßnahmen rechtskräftig genehmigt.

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newsletter

Austria: Update on Austrian-German single electricity market

For nearly 15 years Austria and Germany have shared a single electricity market, under which traded power market flows and cross-border capacity are not formally matched, and thus there is no congestion management on the Austrian-German interconnector. The German and Austrian electricity wholesale markets have since constituted a single bidding zone for electricity; thus, the same wholesale electricity price applies in both countries.

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newsletter

Renewable Energy: Amendment of the Austrian Green Electricity Act Doubles Funding

After four months of negotiations, the Austrian National Council has finally reached an agreement on the amendment of the Green Electricity Act ("Ökostromnovelle"). 

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newsletter

12 May 2017

romania

M.Cojocaru

Romania: EUR 100 Million State Aid for the Development of Niche Renewable Sources

On 14 April 2017, Government Decision No. 216/2017 approving a state aid scheme for investments promoting energy production from less exploited renewable energy resources, namely biomass, biogas and geothermal energy (the "Decision"), was published in the Romanian Official Gazette.

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press release

Österreich: Schönherr Datenschutzteam: "Verarbeitung von Mitarbeiterdaten im Spannungsfeld zwischen Datenschutz und Arbeitsrecht"

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newsletter

20 March 2017

bulgaria

B.Rajal S.Tsekova

Bulgaria: Opening the gas market for foreign traders!

Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas (Правила за търговия с природен газ, "Trading Rules") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities (Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ, "Access Rules"). Moreover, it adopted new Rules for Balancing of the Natural Gas Market (Правила за балансиране на пазара за природен газ, "Balancing Rules").

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newsletter

24 February 2017

croatia

P.Šantić* B.Rajal

Amendments to the Gas Market Act - a further step towards (fully) opening up the Croatian gas market on 1 April 2017

On 17 February 2017, the Croatian Parliament enacted the eagerly awaited amendments to the Gas Market Act that are intended primarily to remove the current gas import and export restrictions – which are contrary to EU internal energy market rules - and to allow further opening of the Croatian gas market.

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newsletter

Albania: Finally on track for a comprehensive support scheme for renewable energy?

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newsletter

14 February 2017

austria

B.Rajal

Austria: Government bill for amending the promotion scheme for green electricity. Hope for new investments, but not yet an ideal solution.

As a result of the strong decrease in electricity market pricing, green electricity plant projects cannot find a place in special promotion quotas. 

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newsletter

05 February 2017

austria

B.Rajal

Österreich: Endlich! "Kleine" Ökostromgesetznovelle in Begutachtung

Der Ausbau von erneuerbarer Energie in Österreich ist in den letzten Jahren ins Stocken geraten. Insbesondere der starke Marktpreisverfall führte dazu, dass weniger Ökostromanlagenprojekte in den einzelnen Förderkontingenten Platz finden können. 

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