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Energy & Utilities

A new legal framework on Electric Mobility – creating a new market for electric vehicles - ABBC

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Worldwide there are around one billion vehicles, a figure that is expected to double in just two decades. Alongside this trend, the price of fuel has been growing in the medium term, with no substantial or time-consistent decrease expected. Meanwhile, Governments have to deal with increasing environmental concerns, notably the reduction of carbon emissions. Thus, the long-term sustainability of the automobile industry may depend on “new” alternative sources of energy.
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Securitisation of the electricity tariff deficit - Fondo de Titulización del Déficit del Sistema - Cuatrecasas Goncalves Pereira

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One of the main objectives of the recent rules approved regarding the Spanish electricity sector is to achieve tariff sufficiency in order to solve some of the financial difficulties of electricity companies. In this respect, last April 30, several measures affecting the energy sector were adopted under Royal Decree 6/2009. Accordingly, current and further tariff deficits have to be financed, and the mechanism chosen to do so has been the securitisation of the collection rights in favour of a Spanish asset securitisation fund.
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The realities of Portugal's new water framework - Abreu Advogados

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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 governing the management of water resources is severely lacking in Portugal.
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