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The U.S. clean hydrogen sector is poised for significant growth, driven in part by its potential to reduce carbon dioxide emissions in hard-to-abate industries such as transportation and chemical production. Originally...more
On Friday, August 2, 2024, Law No. 14.948/2024 was sanctioned and published, establishing the legal framework for low-carbon hydrogen in Brazil. This legislation, dedicated exclusively to the regulation of one of the main...more
Explore the challenges and opportunities in the LNG sector across Latin America and the Caribbean. Despite substantial gas reserves, the region is a net importer, with issues such as declining production, challenging...more
Tech-savvy energy producers are currently looking for economically viable methods to create “green hydrogen” from water using renewable electricity. This technology, which can produce clean fuel for planes, ships, and trucks,...more
We are pleased to announce the release of our latest whitepaper, Fueling Up: How to Make U.S. Clean Hydrogen Projects Happen. This comprehensive report explores the critical steps needed to unlock the potential of clean...more
The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more
Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more
On 21 May 2024, the Council of the EU adopted the Hydrogen and Decarbonized Gas Market Package. It aims to shift the gas system to low-carbon and renewable gases, and provides for the highly anticipated framework on dedicated...more
The Situation: The Japanese Cabinet has approved a draft bill to financially incentivize the supply and utilization of low-carbon hydrogen and its derivatives ("Hydrogen Bill") as part of its push to reach net zero by 2050....more
Exciting times for hydrogen market participants in Germany – in the last months, a variety of new regulatory instruments and policy initiatives have been announced which will boost the ramp-up of the hydrogen economy in...more
When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
Whilst the UK’s hydrogen policy was established by the Ten Point Plan in November 2020, the 2021 Hydrogen Strategy was intended to stimulate the next steps for hydrogen energy development and delivery. The strategic goals...more
In recent years, the Australian federal government has committed, at both the domestic and international levels, to ambitious renewable energy targets. Australia’s hydrogen sector is positioning itself to play an increasingly...more
Guidance recently issued by the Department of the Treasury and the Internal Revenue Service (IRS) in proposed regulations (REG-117631-23) will (if held to be final) have a significant impact on green hydrogen projects in the...more
Last year was big for the green hydrogen industry in the GCC. Alongside the dozens of MOUs entered into and announcements made at COP: - In May, the USD8.4 billion NEOM Green Hydrogen Project in KSA reached financial...more
As the nation’s largest energy consumer, the U.S. federal government plans to curb greenhouse gas emissions across its expansive portfolio of more than 350,000 federal buildings. In a pioneering move, the Biden administration...more
On December 6, 2023, the House Transportation and Infrastructure Committee approved the Promoting Innovation in Pipeline Efficiency and Safety Act of 2023 (PIPES or the Bill) to reauthorize the Pipeline and Hazardous...more
The Middle East’s ambitions for achieving Net Zero mean there is a wealth of opportunity for projects aimed at reducing carbon emissions. However, these projects will require careful navigation of the growing labyrinth of...more
Latham & Watkins Energy & Infrastructure partner Tobias Larisch spoke to two leading industry experts on hydrogen generation and transportation, Jasmin Kaboni-Voit, Director Regulatory & Subsidy Management Hydrogen at energy...more
September 7, 2023: ConnectGen, a company that develops, builds, operates, and finances utility-scale clean energy projects, was acquired by Repsol for an estimated $715 million. This acquisition will allow Repsol to...more
House Reopens Business with Fiscal Year 2024 Energy & Water Spending Bill - Following the historic ouster of Speaker Kevin McCarthy (R-CA) on October 3 and more than three weeks without a speaker, the House of...more
In November of 2021, President Biden signed the Bipartisan Infrastructure Law (BIL), which established the Regional Clean Hydrogen Hubs (H2Hubs) program. Under the authority of the US Department of Energy (DoE), six to ten...more
Overview of the federal Inflation Reduction Act - The Inflation Reduction Act (IRA or Act), signed by President Biden on August 16, 2022, includes the largest Congressional investment in U.S. history to facilitate the...more
The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more
Hydrogen is seen by many as the fuel of the future, a substance that can provide heat through combustion, or electrical power from fuel cells, emitting only water in the process. Its potential usefulness, specifically its...more