Energy and Sustainability

What is an EEC and How is it Used to Comply with Energy Savings Obligations?
EEC, or Energy Efficiency Certificate, is an electronic document that formally acknowledges an annual reduction in final energy consumption resulting from an energy efficiency measure

What Types of Energy Efficiency Measures Are Not Included in the Catalogue and May Request the Issuance of CAEs?
Energy efficiency measures that are not included in the catalogue of standardized measures are referred to as “singular measures.” Due to their specific characteristics and technical particularities, these measures cannot…

The Carbon Footprint as a New Financial Indicator: Implications of the New Spanish Regulatory Framework
obligations regarding the measurement and reduction of the carbon footprint which will mark a turning point for many organizations.

What is the role of the Delegated Entity in the CAE System?
The Delegated Entity is a key figure in Spain’s Energy Savings Certificate (CAE) System. It refers to a legal entity, either public or private, that has the capacity to assume,…

The Common Auction Platform: Operation and Participation
The common auction platform, established by Regulation (EU) No. 1031/2010, is a mechanism designed to auction greenhouse gas emission allowances within the framework of the European Union Emissions Trading System…

The Market Stability Reserve of the EU ETS (EU Emissions Trading System): A Buffer for Carbon Allowances
The Market Stability Reserve (MSR) has the mission of regulating the volume of emission rights in the market.

Article 6.4 of the Paris Agreement: A New Beginning or More of the Same in Carbon Markets
Article 6.4 of the Paris Agreement introduced a new sustainable development mechanism, designed to replace the Clean Development Mechanism (CDM) under the Kyoto Protocol.

The Green Climate Fund: Financing the Fight Against Climate Change
The Green Climate Fund (GCF) is an international financial mechanism established under the framework of the United Nations Framework Convention on Climate Change (UNFCCC). Its main objective is to help…

The Modernisation Fund: A Boost for the Energy Transition
The Modernisation Fund is an initiative established under EU Directive 2018/410 with the purpose of accelerating the transition toward a low-carbon economy in the European Union’s lower-income Member States.

Environmental Liability and Regulatory Compliance in Solar and Wind Projects
Developing solar or wind projects not only involves harnessing sunlight or wind to generate clean energy but also entails assuming specific responsibilities toward the environment and complying with a stringent…

The October 2014 European Council: A Milestone in the Fight Against Climate Change
The October 2014 European Council marked a turning point in the European Union’s climate policy. This meeting, attended by the leaders of the Member States, laid the foundation for more…

Spain’s Climate Change Office: A Beacon for Europe in the Fight Against Global Warming
The Spanish Climate Change Office (OECC) has positioned itself as a benchmark in the fight against climate change at the European level. Its innovative and efficient management model has proven…

Legal Aspects of PPA (Power Purchase Agreements) in Renewable Energy Proyects
A PPA is essentially a long-term energy sales agreement between a producer—typically a company developing a solar or wind farm—and a buyer, which may be a large energy-consuming company, an…

What Are Absolute Thresholds and How Does Directive 2018/410 Apply Them to Address Climate Change?
An absolute threshold would be like a maximum limit you cannot exceed. In the case of greenhouse gas emissions, an absolute threshold is the maximum amount of emissions that a…

Why Spending Less on Compensations Helps Save the Planet?
Until now, one of the tools in the fight against climate change has been providing aid to companies to help them change their production structures and pollute less. However, the…

Confronting Financial Greenwashing: A Comparative Analysis of Regulatory Frameworks in the EU and the United Kingdom
Financial Greenwashing: A Comparative Analysis of Regulatory Frameworks in the EU and the United Kingdom

The 10 Q&As Summarising the European Commission’s Omnibus Proposal EYS
The 10 Q&As Summarising the European Commission’s Omnibus Proposal EYS

Navigating Europe’s Future: The Competitiveness Compass and the Clean Industrial Deal
the European Commission to develop two key strategic initiatives: the Competitiveness Compass and the Clean Industrial Deal.

What information must be included in the application for the issuance of Energy Saving Certificates (CAE)?
To request the issuance of Energy Saving Certificates (CAE), an application must be submitted to the Regional Administrator of the autonomous community in which the energy efficiency action was carried…

Mergers and Acquisitions in the Renewable Energy Sector: Legal and Regulatory Implications
From a legal standpoint, M&A transactions in the renewable energy sector follow the same basic structures as in other industries: share or asset purchases, mergers by absorption, non-cash contributions, joint…
