Renewable Energy Guarantees of Origin (REGOs) meaning

Introduction This Practice Note sets out the principal areas in which Brexit has a clear and immediate legal effect on the Great Britain (GB) renewables sector. On 23 January 2020, the European Union (Withdrawal Agreement) Act 2020 (EU(WA)A 2020) was enacted, allowing the government to ratify the Withdrawal Agreement and transpose its terms into UK law. Owing to EU(WA)A 2020, the UK continued to be subject to EU law throughout the transition period established under that Agreement. The transition concluded at 11 pm (GMT) on 31 December 2020. From that moment—defined in UK law as ‘IP completion day’—core transitional measures ceased and substantial alterations began to apply across the UK’s legal framework. On 24 December 2020, the European Commission and the UK government confirmed an agreement in principle on the legal basis for the future UK‑EU relationship. Revealed just a week before IP completion day, the EU‑UK Trade and Co‑operation Agreement (TCA), together with related instruments (including the Nuclear Co‑operation Agreement and joint UK‑EU declarations), arrived at the last...

Brexit impact As of 31 January 2020 (exit day), the UK ceased to be an EU Member State and entered an implementation phase during which, for many purposes, the EU continued to treat the UK as if it were still a Member State. At 11 pm (GMT) on 31 December 2020, that transition/implementation phase ended. From that moment (known in UK law as ‘IP completion day’), principal transitional arrangements expired and notable changes started to take effect across the UK’s legal framework. Any amendments relevant to this material will be outlined below in due course. For details on how departure from the EU will affect Great Britain’s (GB) renewable energy sector, see Practice Note: Energy and Brexit—renewable energy, which tracks the main publications and announcements issued to date regarding Brexit and the Great Britain (GB) renewable energy sector. It also supplies a brief explanation of the principal areas where Brexit will have a defined and immediate legal impact on the renewables sector. It includes attention on Brexit and Renewable...