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Energy Act 2016
The Energy Act 2016 (c. 20) is a UK Act of Parliament relating to UK enterprise law and energy in the UK. It created a new Oil and Gas Authority, meaning that a quango rather than a government minister deals with the oil and gas industry. Contents Sections 1-85 and Schs 1-2 concern the new Oil and Gas Authority (OGA). *Section 2 transfers functions to the OGA, explained under Sch 1. SS can make regulations. *Section 8, matters to which the OGA must have regard are: minimising future public expense, security of energy supply, storage of carbon dioxide, collaboration with the UK government and people doing ‘relevant activities’, innovation in technology and work practice, and ‘a stable and predictable system of regulation which encourages investment in relevant activities.’ *Section 9(1) permits the Secretary of State to give directions to OGA that ‘(a) are necessary in the interests of national security, or (b) are otherwise in the public interest’, (2) but under (b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Act Of Parliament
In the United Kingdom an act of Parliament is primary legislation passed by the Parliament of the United Kingdom. An act of Parliament can be enforced in all four of the constituent countries of the United Kingdom, UK constituent countries (England, Scotland, Wales and Northern Ireland); however as a result of Devolution in the United Kingdom, devolution the majority of acts that are now passed by Parliament apply either to England and Wales only, or England only; whilst generally acts only relating to Reserved and excepted matters, constitutional and reserved matters now apply to the whole of the United Kingdom. A draft piece of legislation is called a Bill (law), bill; when this is passed by Parliament and given Royal Assent, it becomes an act and part of statute law. Classification of legislation Acts of Parliament are classified as either "public general acts" or "local and personal acts" (also known as "private acts"). Bills are also classified as "public", "priva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Enterprise Law
United Kingdom enterprise law concerns the ownership and regulation of organisations producing goods and services in the UK, European and international economy. Private enterprises are usually incorporated under the Companies Act 2006, regulated by company law, competition law, and insolvency law, while almost one third of the workforce and half of the UK economy is in enterprises subject to special regulation. Enterprise law mediates the rights and duties of investors, workers, consumers and the public to ensure efficient production, and deliver services that UK and international law sees as universal human rights. Labour, company, competition and insolvency law create general rights for stakeholders, and set a basic framework for enterprise governance, but rules of governance, competition and insolvency are altered in specific enterprises to uphold the public interest, as well as civil and social rights. Universities and schools have traditionally been publicly established, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In The UK
Energy in the United Kingdom came mostly from fossil fuels in 2021. Total energy consumption in the United Kingdom was 142.0milliontonnes of oil equivalent (1,651TWh) in 2019. In 2014, the UK had an energy consumption ''per capita'' of 2.78tonnes of oil equivalent (32.3MWh) compared to a world average of 1.92tonnes of oil equivalent (22.3MWh). Demand for electricity in 2014 was 34.42 GW on average (301.7TWh over the year) coming from a total electricity generation of 335.0TWh. Successive UK governments have outlined numerous commitments to reduce carbon dioxide emissions. One such announcement was the Low Carbon Transition Plan launched by the Brown ministry in July 2009, which aimed to generate 30% electricity from renewable sources, and 40% from low carbon content fuels by 2020. Notably, the UK is one of the best sites in Europe for wind energy, and wind power production is its fastest growing supply. Wind power contributed almost 21% of UK electricity generation in 2019. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Authority
The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to: Established in April 2015 as an executive agency of the Department for Business, Energy and Industrial Strategy, on 1 October 2016 the Oil and Gas Authority was incorporated as a Government Company, with the Secretary of State for Business, Energy and Industrial Strategy the sole shareholder and headquartered in Aberdeen with another office in London, which is also its registered company address. As of the 6 March 2019, Tim Eggar is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quango
A quango or QUANGO (less often QuANGO or QANGO) is an organisation to which a government has devolved power, but which is still partly controlled and/or financed by government bodies. The term was originally a shortening of "quasi-NGO", where NGO is the acronym for a non-government organization. In its pejorative use, it has been widely applied to public bodies of various kinds, and a variety of backronyms have been used to make the term consistent with this expanded use. The most popular have been "Quasi-autonomous national government organization" and "Quasi-autonomous non-government organization", often with the acronym modified to "qango" or "QANGO". As its original name suggests, a quango is a hybrid form of organization, with elements of both NGOs and public sector bodies. The term is most often applied in the United Kingdom and, to a lesser degree, Australia, Canada, Ireland, New Zealand and other English-speaking countries. In the UK, the term quango covers different "a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Security
Energy security is the association between national security and the availability of natural resources for energy consumption. Access to (relatively) cheap energy has become essential to the functioning of modern economies. However, the uneven distribution of energy supplies among countries has led to significant vulnerabilities. International energy relations have contributed to the globalization of the world leading to energy security and energy vulnerability at the same time. Renewable resources exist worldwide across every biome except the North and South Poles (only nuclear (and wind in the winter) is feasible), in contrast to fossil fuels, which are concentrated in a limited number of countries. Nations don't switch from unpredictable fossil fuels to renewables overnight. It is a long, continuous process. Rapid deployment of renewable energy, increased energy efficiency, and diversification of energy sources, energy stores, and types of energy machines can use all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Dioxide
Carbon dioxide (chemical formula ) is a chemical compound made up of molecules that each have one carbon atom covalently double bonded to two oxygen atoms. It is found in the gas state at room temperature. In the air, carbon dioxide is transparent to visible light but absorbs infrared radiation, acting as a greenhouse gas. It is a trace gas in Earth's atmosphere at 421 parts per million (ppm), or about 0.04% by volume (as of May 2022), having risen from pre-industrial levels of 280 ppm. Burning fossil fuels is the primary cause of these increased CO2 concentrations and also the primary cause of climate change.IPCC (2022Summary for policy makersiClimate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA Carbon dioxide is soluble in water and is found in groundwater, lakes, ice caps, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Taxation Act 1975
The Oil Taxation Act 1975 (c 22) is a UK Act of Parliament relevant for UK enterprise law that was intended to ensure that oil and gas extraction companies operating in British territories and waters paid their fair share of tax. Over many years of amendments it was largely eliminated over 2015 and 2016, as the Petroleum Revenue Tax was cut to zero. Contents s 1, previously 50% now 0% Petroleum Revenue Tax. s 13, ring fence corporation tax, if ‘any oil extraction activities’ are undertaken or any ‘acquisition, enjoyment or exploitation of oil rights’ done, they are to be treated as a ‘separate trade, distinct from other activities’ carried out by the company. s 19, downstream activities (e.g. refining) or those outside the UK are not in the scope of the ring fence. Oil Taxation Act 1975 The Oil Taxation Act 1975 (1975 c. 22) received Royal Assent on 8 May 1975. Its long title is ‘An Act to impose a new tax in respect of profits from substances won or capable of b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Act 1998
The Petroleum Act 1998 is an Act of the Parliament of the United Kingdom which consolidated arrangements for the licensing, operation and abandonment of offshore installations and pipelines. As a consolidation Act, it did not change the substantive law, although certain Acts were amended and repealed. Background This was a consolidation Act which brought together a number of enactments on petroleum. It dealt with rights and licences to search for and get petroleum; the application of criminal and civil law to offshore activities; authorisations for submarine pipelines; and the decommissioning of offshore installations and pipelines. The main Acts which were to be consolidated were the Petroleum (Production) Act 1934; the Petroleum and Submarine Pipelines Act 1975; the Oil and Gas (Enterprise) Act 1982; and the Petroleum Act 1987, Parts I and II. The Act vested all rights to the UK’s petroleum resources in the Crown; a right first established by the Petroleum Production Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Act 2008
The Energy Act 2008c 32 is an Act of Parliament, Act of the Parliament of the United Kingdom. Section 110 - Commencement Orders made under section 110(2)The Energy Act 2008 (Commencement No. 1 and Savings) Order 2009(S.I. 2009/45 (C.4))The Energy Act 2008 (Commencement No. 2) Order 2009(S.I. 2009/559 (C.38))The Energy Act 2008 (Commencement No. 3) Order 2009(S.I. 2009/1270 (C.68))The Energy Act 2008 (Commencement No. 4 and Transitional Provisions) Order 2009(S.I. 2009/2809 (C.123))The Energy Act 2008 (Commencement No. 5) Order 2010(S.I. 2009/1888 (C.97)) References *Halsbury's Statutes, External linksThe Energy Act 2008 as amended, from the The National Archives (United Kingdom), National Archives.The Energy Act 2008 as originally enacted, from the The National Archives (United Kingdom), National Archives.Explanatory notes to the Energy Act 2008. United Kingdom Acts of Parliament 2008 {{UK-statute-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewables Obligation
The Renewables Obligation (RO) is designed to encourage generation of electricity from eligible renewable sources in the United Kingdom. It was introduced in England and Wales and in a different form (the Renewables Obligation (Scotland)) in Scotland in April 2002 and in Northern Ireland in April 2005, replacing the Non-Fossil Fuel Obligation which operated from 1990. The RO places an obligation on licensed electricity suppliers in the United Kingdom to source an increasing proportion of electricity from renewable sources, similar to a renewable portfolio standard. In 2010/11 it is 11.1% (4.0% in Northern Ireland). This figure was initially set at 3% for the period 2002/03 and under current political commitments will rise to 15.4% (6.3% in Northern Ireland) by the period 2015/16 and then it runs until 2037 (2033 in Northern Ireland). The extension of the scheme from 2027 to 2037 was declared on 1 April 2010 and is detailed in the National Renewable Energy Action Plan. Since its i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Policy Of The United Kingdom
The energy policy of the United Kingdom refers to the United Kingdom's efforts towards reducing energy intensity, reducing energy poverty, and maintaining energy supply reliability. The United Kingdom has had success in this, though energy intensity remains high. There is an ambitious goal to reduce carbon dioxide emissions in future years, but it is unclear whether the programmes in place are sufficient to achieve this objective. Regarding energy self-sufficiency, UK policy does not address this issue, other than to concede historic energy security is currently ceasing to exist (due to the decline of North Sea oil production). The United Kingdom historically has a good policy record of encouraging public transport links with cities, despite encountering problems with high speed trains, which have the potential to reduce dramatically domestic and short-haul European flights. The policy does not, however, significantly encourage hybrid vehicle use or ethanol fuel use, options ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
