News & Analysis as of

Net Zero Renewable Energy

BCLP

A Short Introduction to BESS Projects in Great Britain

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What is BESS? Battery storage or “BESS” (Battery Energy Storage Systems) projects are electrochemical infrastructure assets that allow energy to be stored and released on demand, and most of these projects are Lithium-Ion...more

Bennett Jones LLP

SaskPower Establishes Nuclear Subsidiary SaskNuclear

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SaskPower has created a nuclear subsidiary called SaskNuclear to advance the province’s small modular reactor (SMR) nuclear project from a business and regulatory standpoint. SaskPower is planning the development of its first...more

A&O Shearman

AR6 — UK Offshore Wind rebounds

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The Department for Energy Security and Net Zero (DESNZ) has released the results of the Sixth Allocation Round (AR6) of the UK Government’s Contracts for Difference (CfD) scheme. Altogether, 131 low-carbon electricity...more

Morrison & Foerster LLP

Prepare to Disclose: California Legislature Declines to Extend AB 1305 Voluntary Carbon Market Disclosure Deadline, Leaves...

Last year, California passed three first-in-the-nation climate laws imposing disclosure obligations on thousands of companies with a presence in California. In October of 2023, California signed into law AB 1305, requiring...more

Baker Botts L.L.P.

P2N0 - Edition 14 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to the fourteenth edition of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy...more

Vinson & Elkins LLP

Oops! . . I Grid It Again: [In]Coherency in UK Energy Transition and Security

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In this article, published in Pratt’s Energy Law Report, Miguel Colebrook and Iona Giby* argue for a new framework to understand energy security. This framework prioritizes investment in domestic infrastructure and secure...more

Vinson & Elkins LLP

Cutting the Gordian Knot: Recalibrating the UK’s Energy Transition and Security Principles

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‘Energy security and net zero are two sides of the same coin.’ This is the opening line of the UK government’s ‘Net Zero Growth Plan’, published in March 2023, and leaves no doubt as to the government’s perception of the...more

Jones Day

Harnessing the Wind: The Growth of Offshore Wind Development Along the East Coast of the United States

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There are three offshore wind farms operational in the United States today: the Block Island Wind Farm, which commenced operation in 2016; the Coastal Virginia Offshore Wind project, which became operational in 2020; and most...more

Husch Blackwell LLP

New Treasury Guidance Silent on Biomass Electricity Credits

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On May 29, 2024, the U.S. Treasury Department and the Internal Revenue Service issued a notice of proposed rulemaking (“NPRM”) that includes guidance on two of the Inflation Reduction Act of 2022’s renewable electricity tax...more

Jones Day

Hydrogen Supply and Utilization Promotion Bill: Supporting Low-carbon Hydrogen and Derivatives in Japan

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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

Womble Bond Dickinson

WBD Energy Survey and the Innovation Interchange: The Energy Transition for Non-Energy Companies

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Energy is the cornerstone of our society and its availability, or lack thereof, touches every corner of our lives and impacts every business, regardless of sector. The availability of affordable energy on-demand is essential...more

Vinson & Elkins LLP

Sustainable Aviation Fuel in Latin America

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As the aviation market moves towards a more sustainable future and fuel source, Brazil and other Latin American countries are likely to serve as key production locations for SAF due to their unique natural endowments and...more

White & Case LLP

Constructing the low-carbon economy

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With an unprecedented momentum for the construction of new major projects linked to the shift away from fossil fuels and the development of a low-carbon economy, there is a real focus on construction law issues relevant to...more

Mayer Brown

Seas the Future: Singapore’s Visionary Leap into Oceanic Carbon Capture

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Replace, Reduce and Remove. The 3Rs that constitute the three-pronged approach espoused by PUB, the national water agency of Singapore, in its hefty goal of achieving net zero emissions by 2045....more

Vinson & Elkins LLP

Building Investor Trust in Hydrogen Projects

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The finance sector has a significant role to play in the global transition to net zero, with project financing being a customary means of raising funds in the energy and infrastructure sectors. Originally published in...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - March 2024 - #2

Greenwashing Beef Production - On February 28, New York State Attorney General (NYAG) Letitia James filed a lawsuit with the New York Supreme Court against meat processing company JBS USA for misleading the public about its...more

Holland & Hart LLP

Colorado GHG Roadmap 2.0

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Colorado established statutory greenhouse gas (GHG) reduction targets of net zero carbon emissions by 2050 and a state policy of a 100% renewable grid by 2040. In support of these targets, in 2021 the Governor released a...more

Jones Day

Climate Litigation in Australia Remains Active

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Australia continues to be a highly active jurisdiction for climate-related lawsuits. Since our last update in August 2023, we have seen a steady stream of suits commenced against corporations and government bodies in relation...more

A&O Shearman

10 lessons in sustainability regulation

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Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

White & Case LLP

Net-zero goals boost investment in tech sector

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Investment in clean energy solutions is ramping up as governments and businesses race to meet ambitious decarbonization targets. To achieve net-zero emissions by 2050, the International Energy Agency (IEA) estimates that...more

Bennett Jones LLP

BC Hydro 2024 Call to Power—Overview of Draft Documents

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On June 15, 2023, the Government of British Columbia announced that BC Hydro would be moving forward with a call for new sources (the Call to Power) of 100 percent clean, renewable emission-free electricity from large-scale...more

Bennett Jones LLP

Unprecedented Opportunities Ahead for Renewable Developers Across Canada

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Electricity grid operators across the country continue to announce expanded procurements for non-emitting electricity to ensure supply adequacy in a transforming energy landscape. These announcements continue procurement...more

Pierce Atwood LLP

Massachusetts DPU Completes Investigation into Future Role of Commonwealth’s Gas Distribution Companies

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After a three-year investigation and the receipt of substantial stakeholder input, the Massachusetts Department of Public Utilities (DPU or Department) recently issued an order (D.P.U. 20-80-B) to set forth the role that...more

Pillsbury Winthrop Shaw Pittman LLP

California Combats Greenwashing with New Voluntary Carbon Offset and Carbon-Neutral and Low-Carbon Product Disclosure Law

California’s unprecedented AB 1305 law purports to target “greenwashing” by mandating public disclosures about virtually any claim of “significant” carbon reductions, but its broad wording and uncertain effective date raise...more

White & Case LLP

Funding the energy transition: the role of Islamic finance

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Access to energy underpins our day-to-day and powers global economic prosperity and development, yet consumption of energy is the dominant contributor to climate change, accounting for approximately 60% of total global...more

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