The overriding issue surrounding Spain’s energy sector is the ability to access finance, which is affecting all levels and may now prompt further diversification of ownership, says Emiliano Garayar, founding partner at prominent Madrid firm Garayar Asociados.
Recent regulatory changes impacting on the development of new solar-thermal plants in Spain have the potential not only to significantly affect the viability of some projects in development but also bring the potential to raise
Despite procedural, technical and environmental challenges, some say that Portugal retains the political will to remain a pioneer in renewable energy production
The Water Framework Directive was transposed into Portuguese Law in December 2005 and further complemented by special legislation mostly in 2006 and 2007. However, recent events have shown that public awareness of the consequences of the new rules
On February 2, 2008, decree-law no 363/2007 came into force and the production of energy in Portugal entered a new era. The principle behind the new law is to save energy, reduce costs and protect the environment. Indeed,
Portugal is one of the EU countries with the highest hydro-power potential still to be exploited, and with the least growth in developed capacity over the past 30 years.
Iberian Lawyer’s Annual Energy and Renewables Special Report 2008 reveals a legal market full of confidence. Although the wider economy may be slowing, energy clients continue to offer law firms opportunities, reflecting Iberia’s position
Despite efforts to liberalise Spain’s energy markets since 1997, first through the enactment of the Electricity Act and a year later the Gas & Oil Bill, the situation nonetheless remains unsettled, says Emiliano Garayar at Garayar
Spain’s solar industry may be well established with a considerable body of best practice, but the sector remains one in which a solid understanding of the applicable regulatory regime is significant – particularly in the
For companies looking for outside investment or even to sell assets, environmental behaviour is now significant in terms of reputation and risk assessment and even valuation, says Claudio Monteiro, partner at Lisbon’s Serra Lopes