DOCSLIB.ORG

The Political Economy of Energy Transitions

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Political Economy of Energy Transitions The Political Economy of Energy Transitions “Case studies of natural gas and offshore wind in the Netherlands and the United Kingdom” Student: Steven Blom (s4261690) Project: Master thesis Public Administration Program: Comparative Public Administration (COMPASS) University: Radboud University, Nijmegen, the Netherlands Faculty: Nijmegen School of Management Thesis supervisor Tutors: Dr. J. (Johan) De Kruijf Prof. dr. S. (Sandra) van Thiel Research assignment Client: Dr.ir. R.P.J.M. (Rob) Raven Position: Professor Institutions and Societal Transitions Department: Innovation studies department of Utrecht University Former position: Industrial Engineering & Innovation Sciences - Eindhoven University of Technology [TU/e] th Date: August 11 , 2015 1 Table of contents Abbreviations & acronyms ..................................................................................................................... 5 Prologue .................................................................................................................................................. 6 1. Introduction ........................................................................................................................................ 7 1.1 Introduction ................................................................................................................................... 7 1.2 Chapter’s structure ........................................................................................................................ 7 1.3 Problem description ...................................................................................................................... 8 1.4 Research objective ........................................................................................................................ 9 1.5 Research question ......................................................................................................................... 9 1.6 Social relevance ............................................................................................................................. 9 1.7 Scientific relevance ...................................................................................................................... 10 1.8 Preview on the theory and methods ........................................................................................... 10 1.9 Report Structure and reading guide ............................................................................................ 10 2. Theory ............................................................................................................................................... 11 2.1 Theory chosen and rationale ....................................................................................................... 11 2.2 Chapter’s structure ...................................................................................................................... 11 2.3 Defining the concept of Political Economy ................................................................................. 11 2.4 Analysis of the Political Economy ................................................................................................ 12 2.5 Policy- and decision-making models ........................................................................................... 12 2.6 Cost-price relevant subjects ........................................................................................................ 13 2.7 Research approach ...................................................................................................................... 18 2.8 Research Design .......................................................................................................................... 18 2.8.1. Research model ................................................................................................................... 18 2.8.2 Diagnostic framework .......................................................................................................... 18 3. Methodology ..................................................................................................................................... 20 3.1 Introduction ................................................................................................................................. 20 3.2 Operationalization ....................................................................................................................... 20 4. Political economy analysis of Natural Gas ....................................................................................... 22 4.1 Introduction ................................................................................................................................. 22 4.2 The Netherlands and natural gas ................................................................................................ 22 4.2.1 Stage 1a: Historic analysis: pre 2003 .................................................................................... 22 4.2.2 Stage 1b: Basic analysis: since 2003 ..................................................................................... 23 4.2.3 Stage 2a: Defining the sector ............................................................................................... 24 4.2.4 Stage 2b: Government involvement in the gas sector ......................................................... 25 2 4.2.5 Stage 2c: Government taxation on fossil fuels extraction ................................................... 27 2.4.6 Interim conclusion: Natural gas in the Netherlands ............................................................ 28 4.3 The United Kingdom and natural gas .......................................................................................... 28 4.3.1 Stage1a: Historic analysis: pre 2003 ..................................................................................... 28 4.3.2 Stage 1b: Basic analysis: since 2003 ..................................................................................... 28 4.3.3 Stage 2a: Defining the sector ............................................................................................... 29 4.3.4 Stage 2b: Government involvement in the gas sector ......................................................... 30 4.3.5 Stage 2c: Government taxation on fossil fuels extraction ................................................... 31 4.3.6 Interim conclusion: Natural gas in the United Kingdom ...................................................... 31 4.4 Stage 3: Country comparison: Natural gas .................................................................................. 32 4.4.1 Comparison State’s ownership in natural gas sector ........................................................... 32 4.4.2 Energy mix for electricity generation ................................................................................... 33 4.4.2 Gas and oil production ......................................................................................................... 36 4.4.3 Government revenues from fossil fuels extraction .............................................................. 38 4.5 Conclusion: Natural gas comparison ........................................................................................... 39 5. Political economy analysis of offshore wind ................................................................................... 41 5.1 Introduction ................................................................................................................................. 41 5.2 The Netherlands and offshore wind ............................................................................................ 44 5.2.1 Stage 1a: Historic analysis: pre 2003 .................................................................................... 44 5.2.2 Stage 1b: Basic analysis: since 2003 ..................................................................................... 44 5.2.3 Stage 2a: Defining the sector ............................................................................................... 45 5.2.4 Stage 2b: Government involvement in the offshore wind industry ..................................... 46 5.2.5 Stage 2c: Government support mechanisms for offshore wind .......................................... 47 5.2.6 Interim conclusion: Offshore wind in the Netherlands ........................................................ 49 5.3 The United Kingdom and offshore wind ..................................................................................... 50 5.3.1 Stage 1a: Historic analysis: pre 2003 .................................................................................... 50 5.3.2 Stage 1b: Basic analysis: since 2003 ..................................................................................... 50 5.3.3 Stage 2a: Defining the sector ............................................................................................... 51 5.3.4 Stage 2b: Government involvement in the offshore wind industry ..................................... 51 5.3.5 Stage 2c: Government support mechanisms for offshore wind .......................................... 52 5.3.6 Interim conclusion: Offshore wind in the United Kingdom ................................................. 56 5.4 Stage 3: Country comparison: Offshore wind ............................................................................. 56 5.4.1 Comparison: Subsidy mechanisms ......................................................................................
Load more

Recommended publications
  • Statutory Security of Supply Report
    Statutory Security of Supply Report A report produced jointly by DECC and Ofgem November 2010 Statutory Security of Supply Report � A report produced jointly by DECC and Ofgem Presented to Parliament pursuant to section 172 of the Energy Act 2004 Ordered by the House of Commons to be printed 4th November 2010 HC 542 LONDON: THE STATIONERY OFFICE £14.75 � © Crown copyright 2010 You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open-government-licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or e-mail: [email protected]. � Any enquiries regarding this publication should be sent to us at Department of Energy & Climate Change, 3 Whitehall Place, London SW1A 2HD. � This publication is also available on http://www.official-documents.gov.uk/ � ISBN: 9780102969238 � Printed in the UK for The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office � ID: 2397258 11/10 � Printed on paper containing 75% recycled fibre content minimum. � Contents Contents � Section 1 Introduction 1 Section 2 Executive Summary 3 Section 3 Electricity 5 Section 4 Gas 22 Section 5 Oil 42 Section 6 Glossary 47 The information contained in this report constitutes general information about the outlook for energy markets. It is not intended to constitute advice for any specific situation. While every effort has been made to ensure the accuracy of the report,the opinions judgements, projections and assumptions it contains and on which it is based are inherently uncertain and subjective such that no warranty is given that the report is accurate, complete or up to date.
    [Show full text]
  • Gewijzigde Regels Veilingen Lange Termijn Capaciteit Elektriciteit Britned
    Autoriteit Consument & Markt Besluit Openbaar Ons kenmerk: ACM/DE/2015/206451_0V Zaaknummer: 15.0209.27 BESLUIT Besluit van de Autoriteit Consument en Markt op grond van artikel 5, zesde lid, van de Elektriciteitswet 1998. Autoriteit Consument & Markt Besluit Openbaar Inhoudsopgave 1 Inleiding 3 2 Procedure van totstandkoming van dit besluit 5 2.1 Terinzagelegging en zienswijzen 5 2.2 Notificatierichtlijn 5 3 Wettelijk kader 6 4 De voorstellen 7 4.1 Aanleiding voorstellen en gevolgde procedure 7 4.1.1 EU HAR 7 4.1.2 BritNed Access Rules 8 4.2 Toelichting op de voorgestelde wijzigingen 8 4.2.1 EU HAR 8 4.2.2 BritNed Access Rules 13 5 Beoordeling 14 5.1 Reactie op consultatie 14 5.2 EU HAR 15 5.2.1 Datum inwerkingtreding 15 5.2.2 Zekerheden en kredietlimiet 16 5.2.3 Minimumprijs 16 5.2.4 Beperking van transmissierechten 16 5.2.5 Conclusie 17 5.3 BritNed Access Rules 17 5.3.1 Conclusie 17 6 Dictum 18 Autoriteit Consument & Markt Besluit Openbaar 1 Inleiding 1. BritNed Development Limited (hierna: BritNed) is exploitant van een interconnector voor het transport van elektriciteit tussen Nederland en Groot-Brittannie. De minister van Economische Zaken heeft op 27 juni 2007 ontheffing verleend aan BritNed en TenneT TSO B.V. voor de BritNed interconnector. 2. In dit besluit wordt het verzoek van BritNed om goedkeuring van de volgende documenten beoordeeld: 1) de Allocation Rules for Forward Capacity Allocation (hierna: EU HAR); 2) Annex 1 List of Bidding Zone borders and/or their subsets to which the Allocation Rules apply including information on type of allocated Long Term Transmission Rights (hierna: Annex 1); 3) Annex 13 to the Harmonised Allocation Rules Border specific annex: BritNed lnterconnector (hierna: Annex 13); en 4) de gewijzigde BritNed Access Rules.
    [Show full text]
  • Annual Report and Accounts
    2010/11 Annual Report and Accounts 2010/11 Annual Report and Cautionary Statement performance against regulatory targets This document comprises the Annual and standards and against our peers Report and Accounts for the year ending with the aim of delivering stakeholder Accounts 31 March 2011 for National Grid and its expectations regarding costs and subsidiaries. It contains the Directors’ effi ciency savings, including those related Report and Financial Statements, to restructuring and internal transformation together with the Independent Auditor’s projects; and; customers and counterparties Report thereon, as required by the failing to perform their obligations to us National Grid plc Companies Act 2006. The Directors’ and our arrangements with the Long Island Report, comprising pages 10 to 108, Power Authority not being renewed. Other has been drawn up in accordance with factors that could cause actual results the requirements of English law, and to differ materially from those described liability in respect thereof is also governed in this document include fl uctuations by English law. In particular, the liability in exchange rates, interest rates and of the Directors for these reports is solely commodity price indices; restrictions to National Grid. in our borrowing and debt arrangements, funding costs and access to fi nancing; This document also contains certain our effective rate of tax; National Grid’s statements that are neither reported status as a holding company with no fi nancial results nor other historical revenue generating operations of its own; information. These statements are infl ation; seasonal fl uctuations; the future forward-looking statements within the funding requirements of our pension meaning of Section 27A of the Securities schemes and other post-retirement Act of 1933, as amended, and Section benefi t schemes; the loss of key 21E of the Securities Exchange Act of personnel or the ability to attract, train 1934, as amended.
    [Show full text]
  • Digest of United Kingdom Energy Statistics 2017
    DIGEST OF UNITED KINGDOM ENERGY STATISTICS 2017 July 2017 This document is available in large print, audio and braille on request. Please email [email protected] with the version you require. Digest of United Kingdom Energy Statistics Enquiries about statistics in this publication should be made to the contact named at the end of the relevant chapter. Brief extracts from this publication may be reproduced provided that the source is fully acknowledged. General enquiries about the publication, and proposals for reproduction of larger extracts, should be addressed to BEIS, at the address given in paragraph XXVIII of the Introduction. The Department for Business, Energy and Industrial Strategy (BEIS) reserves the right to revise or discontinue the text or any table contained in this Digest without prior notice This is a National Statistics publication The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the UK Statistics Authority: Code of Practice for Official Statistics. Designation can be broadly interpreted to mean that the statistics: ñ meet identified user needs ONCEñ are well explained and STATISTICSreadily accessible HAVE ñ are produced according to sound methods, and BEENñ are managed impartially DESIGNATEDand objectively in the public interest AS Once statistics have been designated as National Statistics it is a statutory NATIONALrequirement that the Code of Practice S TATISTICSshall continue to be observed IT IS © A Crown copyright 2017 STATUTORY You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence.
    [Show full text]
  • A Holistic Framework for the Study of Interdependence Between Electricity and Gas Sectors
    November 2015 A holistic framework for the study of interdependence between electricity and gas sectors OIES PAPER: EL 16 Donna Peng Rahmatallah Poudineh The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2015 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-042-9 A holistic framework for the study of interdependence between electricity and gas sectors i Acknowledgements The authors are thankful to Malcolm Keay, Howard Rogers and Pablo Dueñas for their invaluable comments on the earlier version of this paper. The authors would also like to extend their sincere gratitude to Bassam Fattouh, director of OIES, for his support during this project. A holistic framework for the study of interdependence between electricity and gas sectors ii Contents Acknowledgements .............................................................................................................................. ii Contents ...............................................................................................................................................
    [Show full text]
  • The Dutch Gas Market: Trials, Tribulations and Trends
    May 2017 The Dutch Gas Market: trials, tribulations and trends OIES PAPER: NG 118 Anouk Honoré The contents of this paper are the author's sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2017 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-083-2 May 2017 - The Dutch gas market: trials, tribulations and trends 2 Acknowledgements My grateful thanks go to my colleagues at the Oxford Institute for Energy Studies (OIES) for their support, and in particular Howard Rogers and Jonathan Stern for their helpful comments. A really big thank-you to Sybren De Jong and his colleagues for reviewing the paper, answering my questions and giving me constructive observations. I would also like to thank all the sponsors of the Natural Gas Research Programme (OIES) for their useful remarks during our meetings. A special thank you to Liz Henderson for her careful reading and final editing of the paper. Last but certainly not least, many thanks to Kate Teasdale who made all the arrangements for the production of this paper. The contents of this paper do not necessarily represent the views of the OIES, of the sponsors of the Natural Gas Research Programme or of the people I have thanked in these acknowledgments.
    [Show full text]
  • Future UK Gas Security: a Position Paper
    Future UK Gas Security: A Position Paper Professor Michael Bradshaw Future UK Gas Security: A Position Paper 1 Find out more about us Visit our website for the latest information on our courses, fees and scholarship opportunities, as well as our latest news, events, and to hear from former and current students what life is really like here at WBS. We’re always happy to talk through any queries you might have. T +44 (0)24 7652 4100 E [email protected] W wbs.ac.uk/go/mbalondon Join our conversation @warwickbschool wbs.ac.uk/go/joinus facebook.com/warwickbschool @warwickbschool warwickbschool 2 Future UK Gas Security: A Position Paper Contents Executive Summary 1 Introduction 3 Midstream Security Challenges 4 Downstream Security of 1.1 A Supply Chain Approach to UK Gas 3.1 Import Pipelines Demand Security 3.2 Onshore Pipelines 4.1 The Current Role of Natural Gas 1.2 Defining Energy Security 3.3 LNG Import Terminals 4.2 UKERC The Future Role of Natural 1.4 The EU’s Energy Security Strategy 3.4 Gas Storage Facilities Gas 1.4 Defining UK Energy Security 3.5 Interconnectors to Continental Europe 4.3 National Grid’s Future Energy 3.6 Interconnection to Ireland Scenario 2 Upstream Security of Supply 3.7 The National Balancing Point 4.4 Other Views in the Future of Gas 2.1 UK Gas Security of Supply 3.8 Future EU/UK Gas Governance 4.5 Decarbonised Gas 2.2 Increasing Import Dependence 3.9 Midstream Brexit Challenges 4.6 Brexit and the Future Role of Gas 2.3 The Role of Russian Gas 2.4 Production at Groningen 5 Conclusions: Brexit and Future 2.5 Prospects for the Future UK Gas Security 2.6 Exports and Interconnection 2.7 States and Markets References 2.8 Assessing UK Gas Security 2.9 Security of Supply Brexit Challenges About UKERC This report is supported by The UK Energy Research Centre (UKERC) the ESRC Impact Acceleration carries out world-class, interdisciplinary Account (Grant reference research into sustainable future energy ES/M500434/1) systems.
    [Show full text]
  • Ofgem's Probe Into Wholesale Gas Prices Appendices
    Ofgem’s probe into wholesale gas prices Appendices October 2004 232/04b This report contains Appendices 1 to 5 to the main report on Ofgem’s probe into wholesale gas prices. These Appendices expand on the information and the analysis presented in the main report and can be read as stand alone documents. Table of Contents Appendix 1. October/November 2003 probe: Analysis of causes of reduced UK gas supply ..........................................................................................................................2 Appendix 2. October/ November 2003 probe: European gas supply and the interconnector............................................................................................................ 24 Appendix 3. October/ November 2003: Effects of reduced gas supply on prices ......... 50 Appendix 4. August/September 2004: Analysis of gas prices....................................... 62 Appendix 5. Winter 2004/05 forward gas prices: Analysis .......................................... 80 Appendix 1. October/November 2003 probe: Analysis of causes of reduced UK gas supply 1.1 This chapter presents a summary of Ofgem’s further analysis of the causes of the reduced UKCS gas supply availability in October/November 2003. The section begins by summarising the position in the Interim Report,1 presents Ofgem’s further analysis for each sub-terminal and provides key conclusions. Interim report 1.2 From analysis presented in Ofgem’s Interim Report it was evident that the volumes of gas supplied via six beach terminals (in minimum, maximum and average terms) were significantly lower in October and November 2003 than in the same period of the previous year; both in terms of the total volume of gas delivered and in terms of maximum flow rates. 1.3 At five sub-terminals (Bacton-Tullow, Bacton-Shell, Bacton-Perenco, St Fergus- Shell and Teesside-BP Amoco), flows during October or November 2003 were significantly lower than the same months of 2002 and/or an assessment of the maximum deliverability for Winter 2003/04.
    [Show full text]
  • Daily Energy Report
    Daily Energy Report Wednesday, 13 November 2019 Market Snapshot Source: TGP/ICE/APX Gas €/MWh Power Baseload €/MWh Peakload €/MWh Contract Latest Close Contract Latest Close Latest Close Day Ahead 14.73 15.05 Day Ahead 48.00 47.42 53.50 - Weekend 15.00 - WDNW - - Dec-19 15.33 15.55 Dec-19 43.80 44.00 50.75 50.77 Jan-20 16.03 16.24 Jan-20 49.05 49.04 58.20 58.10 Feb-20 16.23 16.43 Feb-20 49.90 49.93 59.20 59.02 Q1-10 14.93 16.27 Q1-10 44.00 48.08 48.40 56.24 Sum-20 14.90 15.05 Sum-20 44.00 44.15 48.40 48.10 Win-20 17.95 18.09 Win-20 44.10 44.41 50.10 50.38 Sum-21 16.53 16.58 Sum-21 50.45 50.14 61.60 61.74 Win-21 18.28 18.29 Win-21 - 51.25 - 59.17 Cal-20 15.87 16.01 Cal-20 46.65 46.70 54.30 54.13 Cal-21 17.45 17.40 Cal-21 46.80 46.64 55.35 55.18 Cal-22 17.35 17.40 Cal-22 47.50 47.17 57.10 57.00 €/MWh Gas movement session-on-session Power Baseload Movement Session-On-Session Close Latest €/MWh Close Latest 20 80 15 60 10 40 5 20 0 0 APX DAM Settlement DA/WE TGP Assessment €/MWh €/MWh APX DAM 30 Day Moving Avg DA & WE Settlement 30 Day Moving Avg 16 55 50 12 45 40 8 35 4 30 25 0 20 Daily Energy Report Gas Overview NW Europe DA Assessment TTF vs NBP/ZEE/NCG Basis Source: Thomson Reuters Source: Thomson Reuters ZEE NCG TTF NBP TTF vs ZEE TTF vs NBP NBP vs ZEE €/MWh €/MWh TTF vs NCG NBP vs TTF 18.00 3.0 2.5 16.00 2.0 14.00 1.5 1.0 12.00 0.5 0.0 10.00 -0.5 8.00 -1.0 -1.5 6.00 -2.0 Russian vs Norwegian Flows to NWE Forecasted Continental Demand Source: Thomson Reuters Source: Thomson Reuters GWh/d Total Imports from Norway Russia Main Three Lines
    [Show full text]
  • Interconnectors
    Connecting for a smarter future How interconnectors are making energy better for consumers Benefiting customers today Stronger links for and tomorrow a smarter future Interconnectors are making energy more secure, affordable Interconnectors are transmission cables that allow and sustainable for consumers across Great Britain (GB) electricity to flow freely between markets. They are at and Europe. And they are set to deliver much more. the heart of the transition to a smarter energy system. Tomorrow’s energy will be cleaner, more flexible and more responsive to the individual needs of consumers. To efficiently deliver the energy system of tomorrow, European countries are working together to maximise the potential of technologies £3 billion investment like battery storage, wind and solar power. Interconnectors Since 2014, over £3 billion has been invested in 4.4 GW of new enable smarter energy systems to react quickly to changes interconnector capacity, which will more than double the existing in supply and demand, ensuring renewable energy flows capacity between GB and continental Europe by the early 2020s. from where it is being generated in large quantities, to where it is needed most. Consumers benefit from interconnectors because they open the door to cheaper energy sources and Power for 11 million homes help GB build a smarter energy system. 4.4 GW of capacity provides access to enough electricity to power National Grid recognises 11 million homes. While the future relationship between GB and the EU the challenges that remains unclear, we are confident that we will continue Brexit poses. However, to trade electricity across interconnectors. It is in the best interests of all consumers for GB to keep working closely we remain confident 9.5 GW more that trade in electricity There is potential to increase the benefits to consumers through a with the EU to build an energy system that makes the best further 9.5 GW of interconnectors that will help deliver a smarter, more use of all our energy resources.
    [Show full text]
  • Nautilus Interconnector April 2021 I National Grid
    Nautilus Interconnector April 2021 I National Grid Nautilus Interconnector Proposed by National Grid Ventures April 2021 1 National Grid I April 2021 Nautilus Interconnector Nautilus Interconnector April 2021 I National Grid Introducing Nautilus North Sea Link: Interconnector 1.4 GW Under construction Live 2021 GB and Norway At National Grid Ventures (NGV), we are bringing National Grid Ventures (NGV) forward plans for Nautilus, a new interconnector Proposals for Nautilus are being developed by in East Suffolk that could supply enough NGV and our respective joint venture partner in electricity to power around 1.4 million UK Belgium, Elia. Viking Link: 1.4 GW homes. Under construction Nautilus could connect 1.4 gigawatts (GW) of NGV is the competitive division of National Grid. It Live 2023 offshore wind to the transmission systems of Great operates outside of National Grid’s core regulated GB and Denmark Britain and Belgium through a sub-sea electricity businesses in the UK and US where it develops cable called an interconnector. The project would and operates energy projects, technologies and include underground cabling works and onshore partnerships to make energy cleaner, more secure infrastructure, which would be located in East Suffolk. and more affordable for consumers. We are also bringing forward proposals for a second There are three distinct business entities under the BritNed: 1 GW interconnector in East Suffolk, currently known as umbrella of National Grid plc in the UK, as detailed Operational EuroLink. Both projects are early in their respective in the diagram below, all with different roles and Live 2011 feasibility stages, and EuroLink is currently less responsibilities.
    [Show full text]
  • November 2018 Litigation and Dispute Resolution Review
    November 2018 Litigation and Dispute Resolution Review Contents Antitrust 2 First UK follow-on cartel damages ruling BritNed Development Ltd v ABB AB and ABB Ltd Crime 4 Cybercrime – remedies against unknown hackers CMOC Sales & Marketing Ltd v Person Unknown & 30 ors Bank ordered to disclose suspicious activity reports to customer Lonsdale v National Westminster Bank [2018] EWHC 1843 (QB), 18 July 2018 Data Protection 9 Employer vicariously liable for rogue employee’s data breach WM Morrison Supermarkets PLC v Various Claimants Equity 12 Secured creditor has equitable duty to perfect, but not necessarily to protect, security for benefit of a guarantor General Mediterranean Holding SA.SPF (aka General Mediterranean Holding SA) v Qucomhaps Holdings Ltd, William James Harkin (& anr) Privilege 14 In-house counsel emails not privileged Glaxo Wellcome UK Ltd (t/a Allen & Hanburys) & anr v Sandoz Ltd & ors Public law 17 Decisions of a private body acting as a “skilled person” cannot be judicially reviewed R (Holmcroft Properties Ltd) v KPMG LLP & ors Sanctions 19 Amy Edwards Mere risk of exposure to sanctions insufficient for underwriters to avoid liability Litigation – Senior Professional Mamancochet Mining Ltd v Defendants Managing Agency Ltd Support Lawyer – London Sovereign immunity 20 Contact Assets owned by a state-owned enterprise not immune from enforcement Tel +44 20 3088 2243 Botas Petroleum Pipeline Corporation v Tepe Insaat Sanayii AS [email protected] allenovery.com 1 Antitrust FIRST UK FOLLOW-ON CARTEL DAMAGES RULING BritNed Development Ltd v ABB AB and ABB Ltd [2018] EWHC 2616 (Ch), 9 October 2018 The UK High Court ordered Swiss engineering company ABB to pay Anglo-Dutch power-grid joint venture BritNed just over EUR11.5 million in damages in a follow-on action relying on the European Commission’s underground and undersea power cables cartel decision.
    [Show full text]