James Shepherd
James is a Counsel in the Corporate practice at Ashurst, specialising in energy and infrastructure M&A with a particular focus on the renewables sector. He also advises sponsors and investors on commercial contracts and regulatory matters in the renewables sector. He was previously seconded to Mitsubishi Corporation in Tokyo, working on renewables projects in Asia, Australia and Europe.
Practice Area
Panel
- Contributing Author
Qualified Year
- 2001
Education
- LLM
- New York University
- LLB (1st class honours), Bond University
- BCOMM (Finance), Bond University
1 Contributions by James Shepherd
PRACTICE NOTES
Non-Domestic Renewable Heat Incentive (Great Britain): scheme closure, ongoing obligations, tariffs, Ofgem powers, and interaction with CfD, Capacity Market and the Green Gas Support Scheme
The Non-Domestic Renewable Heat Incentive (NDRHI) ceased taking new applications on 31 March 2021. However, in limited cases an application for accreditation (for installations) or for registration (for biomethane production) can still be submitted after that date, as outlined in this Practice Note. This Practice Note also offers a detailed account of the NDRHI’s status in relation to:
scheme closure
continuing obligations for accredited or registered installations
the role of the Office of Gas and Electricity Markets (Ofgem)
how the NDRHI interacts with Contracts for Difference (CfD) and the Capacity Market (CM)
the Green Gas Support Scheme (GGSS), the successor subsidy to the NDRHI
What is the NDRHI?
The NDRHI applies in GB. A separate but comparable scheme in Northern Ireland has also closed to new applicants and, following a consultation that concluded in April 2021, may likewise be closed to existing participants, with such participations to be compensated. The scheme provides financial incentives to encourage uptake of (i) renewable heat and (ii) renewable gas (biomethane) production...
Energy
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