According to the International Energy Agency, over a fourth of oil and gas supplies today come from the seas. Over the past couple of decades, extraction of natural gas from offshore deposits has risen by over 50%. There is also growing emphasis on offshore wind energy. Ventures of this type are technically complex, often innovative, and consequently costly. That is why fuel companies insure platforms, borings, and drilling equipment. What is important to pay attention to in such insurance policies? How to prepare for a potential dispute?
The long-awaited bill on offshore wind farms was published on 15 January 2020. The bill is to establish mechanisms and instruments for supporting the generation of electricity by offshore wind farms, and, to a certain extent, conditions for the preparation and construction of such projects.
The Ministry of Entrepreneurship and Technology has submitted a long-awaited draft of the Act on Compensation for Energy-Intensive Industries in relation to the rising costs of climate policy.
A proposal for amendment of the Renewable Energy Sources Act has been published. It is intended to enable production of new RES while keeping energy prices as low as possible for users.
Where can help be sought when an energy supplier increases the price and threatens to cut off supply?
Increasing electricity prices may not please customers, but despite appearances they cause energy suppliers a lot of problems too. It is obvious that firms selling energy try to pass on increases in market prices to customers, even if they are bound by long-term energy sale agreements that guarantee a fixed price for the duration of the agreement. If this happens, customers need to seek the appropriate legal remedy to prevent costs going up, and in extreme cases prevent the electricity supply from being cut off.
The Ministry of Energy has published a draft amendment to the regulation on tariffs reducing the burden of the qualitative fee on some “large” industrial customers.