Meet the Co-chairs - TIAG
Meet the Co-chairs - TAGLAW
Kvale Advokatfirma DA
Contact: Anderson Anderson Brown (Scotland)
In a Tribunal case, the judge decided that the 5% rate could not be applied to energy-saving materials installed together with standard rated items.
The legal framework for the Panamanian Energy Sector (Law 6 of 1997) divides the Republic of Panama into three distribution territories. For each territory an exclusive concession is granted to one distribution company. Due to this exclusivity, regulations require these companies to purchase most of the power and energy they need to satisfy customer demand through reverse public auctions (energy bids), initially carried out by the distribution companies and most recently by the grid operator (Etesa).
Cheap gas prices driven by a boom in new shale gas development, coupled with more stringent emissions controls for coal fired plants, are causing a shift from coal to natural gas as the primary source of electric power in the United States. In the short term, most welcome this shift because natural gas produces significantly fewer greenhouse gas (â€œGHGâ€) emissions. But it appears increasingly certain that in the long run, this shift will result in decreased energy grid reliability and significantly higher electricity costs due to natural gas price volatility.
A landmark decision by the Queensland District Court in the case of Hutton v The Queensland Police Service regarding interference with resource activities will have a significant impact on the way resource companies deal with environmental protesters.
Following the implementation of a short term trading market (STTM) for gas in Adelaide and Sydney mid last year, the operation of the market will extend to Brisbane, with the market â€˜going liveâ€™ on 1 December 2011.