Electricity Pylon

Energy

Hungary

A key driver of the global economy, the energy sector is affected by geopolitical, economic and regulatory pressures. You require advisors who understand your industry and work with leaders of energy companies, regulators, governments, industry bodies and investors on the cutting edge of commercial, regulatory and risk issues in the sector.

Based across 15 jurisdictions in Central and Eastern Europe, we have been active in CEE since the beginning of the privatisation and liberalisation of the energy sector across the region. We have helped to shape the sector by advising on the most high-profile and ground-breaking projects and transactions over many years.

The team is highly responsive, business-minded, commercial and pragmatic.
Chambers

Our dedicated energy lawyers work in every part of the sector, including upstream and downstream oil & gas, electricity, nuclear and renewables. Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy specialists to meet all your strategic challenges globally.

Our multi-disciplinary teams were among the first to advise on ground-breaking global oil and gas M&A and on power projects in Europe, to establish a single electricity market in Northern Ireland and the Republic of Ireland, lead historic electricity industry reform in Mexico, and work on renewable energy projects globally.

The Energy Team in Hungary is one of the most significant market players with a strong market share in renewable energy and oil & gas. Moreover, the uniquely wide expertise of the team members covers every segment of the energy market with a focus on electricity, oil & gas, and chemical and environmental related matters.

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High­lights of ex­per­i­ence in En­ergy in Hun­gary

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09/12/2016
Are we wit­ness­ing the rise of su­per level eco­nom­ic en­vir­on­ment risks?
In a few years’ time we may look back and say that it was in 2015/2016 when leg­al pro­ceed­ings and re­cent policy changes com­bined to pro­duce mani­fest ser­i­ous trans­fron­ti­er and trans-sec­tor com­mer­cial and eco­nom­ic en­vir­on­ment risk.
30/11/2016
Oil & Gas / Ship­ping: Ex­clud­ing ‘con­sequen­tial loss’ can re­strict...
The Com­mer­cial Court was re­cently asked to con­sider the cor­rect con­struc­tion of the phrase “con­sequen­tial or spe­cial losses or ex­penses” in a clause that dis­trib­uted (and lim­ited) li­ab­il­ity and rem­ed­ies between parties (Star Po­lar­is LLC v HH­IC-Phil Inc [2016].
04/11/2016
Oil & Gas: De­fault Gas ex­clus­ive rem­edy in nat­ur­al gas sale agree­ment...
The Eng­lish Court of Ap­peal has up­held the Com­mer­cial Court de­cision that a De­fault Gas rem­edy in a nat­ur­al gas sale and pur­chase agree­ment was the sole and ex­clus­ive rem­edy for un­der­deliv­er­ies to a buy­er caused by a shut-in for the pur­poses of con­struct­ing.
14/09/2016
What fu­ture for en­vir­on­ment taxes?
On 6th Septem­ber 2016 the European En­vir­on­ment Agency, an agency of the European Uni­on tasked to provide “sound, in­de­pend­ent in­form­a­tion on the en­vir­on­ment” pub­lished a re­port on En­vir­on­ment­al tax­a­tion and EU en­vir­on­ment­al policies.
01/09/2016
CMS launches e-guide on en­ergy stor­age
En­ergy stor­age of­fers a range of op­por­tun­it­ies for stan­dalone de­velopers, gen­er­at­ors, net­work op­er­at­ors and con­sumers (ran­ging from large en­ergy users through to do­mest­ic con­sumers) and oth­er elec­tri­city sec­tor par­ti­cipants and is an in­creas­ing fo­cus due to.
10/08/2016
Europe con­sults on emis­sions and ef­fi­ciency per­form­ance of road trans­port...
On the 20th Ju­ly 2016 the European Com­mis­sion pub­lished a short Com­mu­nic­a­tion en­titled “A European Strategy for Low-Emis­sion Mo­bil­ity” (see pre­vi­ous Law-Now). Along­side this Com­mu­nic­a­tion the Com­mis­sion an­nounced two pub­lic con­sulta­tions on curb­ing fuel con­sump­tion.
21/07/2016
Europe con­firms course to low-emis­sion trans­port
Yes­ter­day the European Com­mis­sion pub­lished a short Com­mu­nic­a­tion en­titled “A European Strategy for Low-Emis­sion Mo­bil­ity”. For those fa­mil­i­ar with the Europe’s de­vel­op­ments in trans­port sec­tor law and policy over the last few years (and in par­tic­u­lar since.