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Antitrust and Competition - The Court of Justice of the European Union Finds That the European Commission Lacks Jurisdiction to Review Transactions That Fall Below the EU and National Merger Filing Thresholds -On 3 September...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 27 September 2024, the European Commission (“EC”) published draft rules defining “low-carbon hydrogen” and derivative “low-carbon fuels” in the EU (the “Draft Low-Carbon Hydrogen DA”). A public consultation is now open...more
Dive into the complexities of clean hydrogen production and the associated tax credits with Troutman Pepper Partners Anne Loomis and Mindy McGrath. In this video, they explore the Inflation Reduction Act’s new production tax...more
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
In June 2023 the European Union (“EU”) adopted its definition of green hydrogen and derivatives (known as “renewable fuels of non-biological origin”, or “RFNBO”). See our previous client alert summarising the key aspects of...more
A bill that would enable schools, shopping centers, and landlords of multi-unit residential buildings to use the electricity they collect with their own rooftop solar systems has passed the California Legislature....more
The U.S. Internal Revenue Service ("IRS") has released proposed regulations regarding the Clean Hydrogen Production Tax Credit introduced in the Inflation Reduction Act of 2022 ("IRA"). The proposed regulations provide more...more
What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more
HyBuildTM North America Initiative - The Green Hydrogen Coalition’s HyBuildTM North America Initiative seeks to bring together key ecosystem stakeholders to plan and develop the competitive, high-volume supply chain...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
June 26, 2024: Infintium Fuel Cells, a manufacturer of a variety of hydrogen power cells with a maximum power of 35kWh, which act as an alternative to electric batteries, enabling businesses in the material handling industry...more
In the inaugural episode of Clean Incentives, hosts Brendan Sigalet and Derrick Osborne, alongside special guests Ashley White and Jason Roth, delve into the myriad of tax incentives available for businesses in Canada, with a...more
Good afternoon! 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
The California Energy Commission (CEC) has adopted a strategic plan that will guide the state’s development of offshore wind energy. The plan outlines analysis and strategies to deploy floating turbines off California’s...more
By 2050, the cost of producing low-carbon hydrogen is expected to be five times higher in the most expensive regions than the least expensive regions, according to the Hydrogen Council. This significant cost gap will require...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
Green hydrogen is often hailed as a critical part of the low-carbon energy future – and Africa as the continent where that future will be realised. But while the opportunity for Africa is clear, the task of maximising its...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 Australian Government has recently announced proposed measures to support the production of hydrogen in Australia utilising renewable energy. These include a new hydrogen production tax incentive and are estimated to...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
El Ministerio de Minas y Energía de Colombia publicó para comentarios el proyecto de decreto que modificaría el Decreto 1076 de 2015 sobre autogeneración remota el cual contiene un importante incentivo para la producción de...more
The Australian Federal Government (the Government) has just released its budget for 2024-25. The K&L Gates tax team outlines the key announced tax measures and our instant insights into what they mean for you in practice....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
Approximately 8,000 delegates (including energy executives, government officials and Indigenous leaders from Canada and around the world) attended the third annual Canadian Hydrogen Convention (CHC) which ran April 23 to 25...more