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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Helen Johnson
18/10/2013
CMS Min­ing group
14/05/2018
En­ergy per­form­ance of build­ings: the fi­nal cut (for now)
In March 2018 we men­tioned the boost­ing of the con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors by a pro­posed re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Today, the Coun­cil of the European Uni­on an­nounced agree­ment on the fi­nal ver­sion.
14/05/2018
En­ergy per­form­ance of build­ings and Brexit: the fi­nal cut (for now)
In March 2018 we men­tioned the boost­ing of the con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors by a pro­posed re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Today, the Coun­cil of the European Uni­on an­nounced agree­ment on the fi­nal ver­sion.
13/04/2018
The Acon­cagua Bay – “al­ways ac­cess­ible”
On 26 March 2018 the Com­mer­cial Court ruled, in an ex­tremely suc­cinct de­cision, that a war­ranty in a voy­age charter­party that a berth is “al­ways ac­cess­ible” en­com­passes both entry to and exit from the berth.
13/03/2018
Oil & Gas: JOAs, budget over­runs and op­er­at­or pen­sion de­fi­cits
In Mara­thon Oil UK LLC v Cent­rica Re­sources Lim­ited, TAQA Bratani Lim­ited and TAQA Bratani LNS Lim­ited [2018] EWHC 322 (Comm), the Com­mer­cial Court con­sidered wheth­er an op­er­at­or was en­titled to charge joint ven­ture par­ti­cipants for pen­sion fund short­falls.
12/03/2018
The next re­boot for en­ergy per­form­ance of build­ings
The con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors are to be boos­ted by a re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Pro­vi­sions are also in­cluded to seek to un­lock fin­ance for en­ergy ef­fi­cient renov­a­tion of ex­ist­ing build­ing stock.
19/12/2017
Oil & Gas Ship­ping: a Venezuelan de­ten­tion
In ST Ship­ping and Trans­port PTE Ltd v Space Ship­ping Ltd [2017] EWHC 2808 (Comm) the Com­mer­cial Court re­jec­ted an ar­bit­ra­tion ap­peal that sought to ar­gue that the ac­tions of the Venezuelan courts, in openly not fol­low­ing Venezuelan law, broke the chain of.
14/12/2017
Oil & Gas: Off-spec de­liv­er­ies – up­hold­ing the con­trac­tu­al mech­an­ism
In Trafigura Be­heer BV v Ren­brandt Ltd (2017) EWHC 3100 (Comm) the Com­mer­cial Court provided some winter com­fort to pur­chasers and sellers that are seek­ing to rely on con­clus­ive evid­ence clauses as to qual­ity.
30/10/2017
ECJ Rules on when a com­pany owned by a con­tract­ing au­thor­ity is gov­erned...
IN­TRO­DUC­TION A re­cent rul­ing of the European Court of Justice (ECJ) has con­firmed that a wholly owned sub­si­di­ary of a con­tract­ing au­thor­ity can it­self be re­garded as a ‘body gov­erned by pub­lic law’ and there­fore sub­ject to the pro­cure­ment rules, even where.
28/03/2017
On the road to autonom­ous vehicles
Con­nec­ted and autonom­ous vehicle (“CAV”) tech­no­lo­gies are set to have a pro­found so­cial and eco­nom­ic im­pact world­wide and con­tin­ue to ac­cu­mu­late a great weight of ex­pect­a­tion. Ad­voc­ates ar­gue that CAV tech­no­lo­gies will im­prove road safety, ease con­ges­tion and.
20/03/2017
Due di­li­gence and pro­por­tion­al­ity un­der scru­tiny in latest IC­SID li­ab­il­ity...
Sum­mary In a de­cision dated 21 Feb­ru­ary 2017, a tribunal act­ing un­der the aus­pices of the In­ter­na­tion­al Centre for Set­tle­ment of In­vest­ment Dis­putes (“IC­SID”), the World Bank’s ar­bit­ra­tion in­sti­tu­tion, in Am­pal-Amer­ic­an Is­rael Corp.
10/02/2017
In­dia Budget 2017 - 2018
On 1 Feb­ru­ary, Fin­ance Min­is­ter Ar­un Jait­ley presen­ted In­dia’s an­nu­al Uni­on Budget for 2017-2018 (the “Budget”) for the fisc­al year be­gin­ning 1 April 2017. The cent­ral aim in this year’s Budget ap­pears to fo­cus on the most vul­ner­able with in­creased spend­ing.
02/02/2017
Gov­ern­ment con­sults on pen­al­ties for non-com­pli­ance with EU ship emis­sions...
On 1 Janu­ary 2018, sub­ject to a few ex­clu­sions, ships over 5000 gross ton­nage (“Rel­ev­ant Ships”) will be sub­ject to mon­it­or­ing and re­port­ing re­quire­ments on car­bon di­ox­ide emis­sions (CO2), fuel con­sump­tion and cargo car­ried.
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.