How will hydrogen disputes be resolved?

With a rapidly-emerging energy market set to fuel a rise in disputes, we explore how arbitration could offer the solution A global transformation of the energy sector is underway. Markets appear to now accept that deployment of hydrogen at scale could be the next major energy source from around 2030. For that daunting goal to … Read more

Public consultation open: Proposed offshore renewable energy infrastructure area off the NSW Hunter Coast

The Australian Department of Climate Change, Energy, the Environment and Water (DCCEEW) announced yesterday that it is seeking public feedback on the possible effects of renewable energy projects off the NSW Hunter coast. This announcement follows last year’s declaration of part of Bass Strait off Victoria’s Gippsland coast as Australia’s first offshore renewable energy infrastructure … Read more

Consultation Open for Re-Design of EU’s Power Market

On January 26, the European Commission (“EC”) launched a consultation resulting from the ongoing discussions around the reform of the European Union’s (“EU”) electricity market. Cracks in the market design became visible after a drastic reduction in the importation of Russian gas, prompting a re-assessment of the structural shortcomings of the market. This consultation primarily … Read more

UK rejoins North Sea Energy Cooperation with EU countries

The UK Government has signed a landmark memorandum of understanding (“MoU“) facilitating renewable energy cooperation between the UK, the European Union and other North Seas countries. This agreement marks a major step towards ensuring post-Brexit energy security for the UK and sets out a framework for future collaboration for an initial period until 30 June … Read more

Consultation Open for Future Contract for Difference Allocation Rounds

In December 2022, the Department for Business, Energy & Industrial Strategy (BEIS) initiated a consultation regarding the considerations for future Contracts for Difference (CfD) rounds. This consultation is aimed at seeking feedback to the potential changes that may be made to the upcoming allocation round (AR6) due to open in 2024, as well as providing … Read more

Electricity Generator Levy; draft legislation and revised technical note published

Background In the Autumn Statement, the government announced that it would introduce a tax on the extraordinary returns of electricity generators and published a technical note (here). HM Treasury has now published further details regarding the operation of the Electricity Generator Levy, including a revised technical note (here) and draft legislation (here). Read more

Public Consultation open for GO Scheme for hydrogen and renewable energy certification

The Australian government is consulting with stakeholders on two policy papers drafted for a proposed Guarantee of Origin (GO) Scheme for hydrogen and renewable electricity certification. Consultation on the policy papers closes on 3 February 2023. Snapshot The Guarantee of Origin (GO) Scheme is proposed to measure, track and verify greenhouse gas emissions, initially for … Read more