Energy transition newsletter

Transforming change into opportunity

Issue 4 – February 2024

Insights from our global team on the frontline of legal innovation and solutions for the energy transition

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Energy transition newsletter - February 2024

The impact of the Inflation Reduction Act on the US battery sector

The world needs electric vehicles and the batteries that fuel them, and it needs them fast. This will mean unprecedented demand for battery metals.

Energy venturing: Strategic minority investments in the energy sector

Following the agreement at COP28 to “transition away from fossil fuel energy systems,” and to accelerate investment in low- and zero-carbon emission technologies, strategic minority investments are set to become an increasing feature of the energy transaction landscape.

Energy storage sector ramps up in Ontario

The deployment of battery storage as a vital component of the energy system is gaining increasing traction in Canada, particularly in Ontario, with opportunities for participation in the storage sector becoming more abundant.

Carbon border adjustments in the EU and beyond

In the push to a net-zero economy, many jurisdictions are introducing rules requiring goods produced in that jurisdiction to be produced in a way which emits less carbon.

Carbon Border Adjustment Mechanism in the UK

Now that Department for Energy Security and Net Zero has published its response to the consultation on a UK CBAM, we explain what is being proposed.

The ‘just transition’: Human rights considerations in climate strategies

New legislative developments in the EU and elsewhere are bringing into focus the need to ensure that climate strategies incorporate a human rights approach.

Australian Government joins the States in major underwriting of Clean Energy Investment

On 23 November 2023, the Minister for Climate Change and Energy, Chris Bowen, announced the Federal Government’s plan to underwrite 32GW of renewable investment.

The mining transition and M&A

The energy transition can't happen without a mining transition, specifically, a metals transition.

A justice-based implementation plan for South Africa at COP28

December 4 was Finance Day at the UN Framework Convention on Climate Change (UNFCCC) on the 28th occasion of the Conference of the Parties (COP28) in Dubai, UAE.

Climate Law on its way in Türkiye

Türkiye is preparing to adopt its own carbon pricing mechanism and to enact legislation to fight against climate change through the second Draft Climate Law.

Private capital in mining

The global mining industry continues to rapidly transform to support decarbonisation and the global transition to clean energy sources. Private capital is playing an increasingly pivotal role funding and accelerating this transition.

New UK rules and targets for vehicle emissions from January 2024

As part of the development of the UK vehicle emission regulatory framework, the Vehicle Emissions Trading Scheme Order 2023 (the Order) came into force on 1 January 2024.

Revenue stacking: Getting the balance right for fixed-bottom offshore wind

The offshore wind sector is in the midst of a turbulent period, driven by increased construction costs, project delays, supply chain constraints and market uncertainties.

UK Energy Act 2023

On 26 October 2023, the Energy Act 2023 (the Act), the largest piece of primary energy legislation in over a decade, received Royal Assent and became law. The breadth of the Act is impressive, covering areas such as energy infrastructure, energy efficiency, regulation of nascent technologies such as CCUS and hydrogen production and strengthening the regulatory landscape around more established sectors including offshore wind and oil and gas.

Thought Leadership

Energy transition: Transforming change into opportunity

While global demand for energy continues to rise, increasing pressure to support the decarbonisation of the industry has spearheaded radical change.

Global

Currents podcast

Currents features in-depth discussions on the latest developments in project finance

Global

Newswire

The Project Finance NewsWire reports on new developments affecting the power sector

Global

Energy Transition YouTube channel

Keep up with the pace of change via our new #EnergyTransition YouTube channel

Global

Road to COP29: Our insights

The 28th Conference of the Parties on Climate Change (COP28) took place on November 30 - December 12 in Dubai.

Global

ESG and sustainability

Law for a sustainable future

Global

M&A Outlook 2024

With inflation easing and deal appetite rising, we expect to see promising early signs of a rebound in M&A activity.

Global

M&A Outlook 2025

Following a fairly subdued period of M&A activity over the past couple of years, does the recent uptick in activity mean we have we finally turned the highly anticipated corner and can we now see a brighter future for M&A in 2025?

Global

Climate change and sustainability disputes

Climate change and sustainability developments presents great opportunities but also manifest as a complex myriad of global legal, financial and reputational risks for companies, governments, directors and officers and other professionals operating in all sectors globally.

Global

Contacts

Noam Ayali

Global Co-Head of Energy