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Results: 11-20 of 85

Commission prohibits Austrian subsidies for energy intensive businesses
  • Mayer Brown LLP
  • Austria, European Union
  • March 21 2011

On 8 March 2011 the Commission found a provision of the revised Austrian Green Electricity Act (Ökostromgesetznovelle 2008), partially exempting energy intensive businesses from contributing to the funding of green electricity, to be in breach of EU state aid rules

Commission opens in-depth state aid investigation into Estonian aid for new power plants
  • Mayer Brown LLP
  • Estonia, European Union
  • March 29 2011

On 23 March, the Commission announced that it has decided to open an in-depth state aid investigation into an Estonian project to grant aid to the operators of two new oil-shale fuelled power plants

Commission consults on commitments proposed by Siemens and Areva concerning nuclear technology markets
  • Mayer Brown LLP
  • European Union
  • March 20 2012

On 14 March 2012, the European Commission published a notice in the Official Journal under Article 27(4) of Regulation 12003 to invite comments on the commitments proposed by Siemens AG and Areva SA pursuant to Article 9 of Regulation 12003

Regulation on energy market integrity and transparency published
  • Mayer Brown LLP
  • European Union
  • December 16 2011

On 8 December 2011, Regulation 12272011 on energy market integrity and transparency (“REMIT”) was published in the Official Journal

Updated prospectus content recommendations for mineral companies
  • Mayer Brown LLP
  • European Union, United Kingdom
  • April 27 2011

The European Securities and Markets Authority (ESMA) successor to the Committee of European Securities Regulators (CESR) has published an update of the CESR recommendations for the consistent implementation of the Prospectus Directive, with revised recommendations as to the content requirements of prospectuses issued by mineral companies

EU adopts new rules on wholesale electricity and gas trading
  • Mayer Brown LLP
  • European Union
  • October 18 2011

On 10 October 2011, the Council adopted the Commission’s proposed regulation on energy market integrity and transparency

European Union tightens sanctions against Syria, including an oil embargo
  • Mayer Brown LLP
  • Syria, European Union
  • September 7 2011

The European Union has adopted new sanctions against Syria, including an oil embargo, that entered into force on 3 September 2011 and build upon EU sanctions that became effective on 10 May 2011

Commission opens formal proceedings against Czech electricity incumbent CEZ
  • Mayer Brown LLP
  • Czech Republic, European Union
  • July 18 2011

On 15 July 2011 the Commission opened formal anti-trust proceedings to investigate whether CEZ a.s., the incumbent electricity producer in the Czech Republic, abused its dominant position on the Czech electricity market, in particular by hindering the entry of competitors, in breach of EU antitrust rules

Greece needs to recover around 17 million from Aluminium of Greece
  • Mayer Brown LLP
  • European Union, Greece
  • July 18 2011

On 13 July 2011 the Commission concluded that lower electricity tariffs granted in 2007- 2008 by the Greek state-owned Public Power Corporation to Aluminium of Greece conferred an undue advantage to the company, in breach of EU state aid rules

European Commission proposes revamp of EU biofuels policy
  • Mayer Brown LLP
  • European Union
  • October 17 2012

On October 17, 2012, the European Commission adopted a proposal for a new directive amending the two major pieces of EU legislation on biofuels: Directive 200928EC on the promotion of the use of energy from renewable sources (Renewable Energy Directive or “RED”) and Directive 9870EC relating to the quality of petrol and diesel fuels (Fuel Quality Directive or “FQD”), both in force since 2009