Overview Recently, the European Council reached an agreement on their proposal for a Regulation to amend the EU’s EMD. This agreement follows from the European Commission’s suggestion to begin negotiations for electricity market design (‘EMD’) reforms earlier in March 2023. This reform aims to deal with the shortcomings of the current EMD by stabilising energy … Read more

To support the clean energy transition, draft guidelines for wind, solar, transmission, benefit-sharing and private agreements have been released by the NSW Department of Planning and Environment (DPE). This new policy package should be reviewed by existing and prospective applicants of clean energy and transmission projects in NSW. Read more

On 3 July 2023, the UK ETS Authority (the “Authority“) published its response to the consultation launched in 2022 in relation to “Developing the UK Emissions Trading Scheme” (the “Consultation“) (the “Response“). The Consultation, which ran from 25 March 2022 to 17 June 2022, sought views on a number of proposals to develop the UK … Read more

In October 2023, the Clean Energy Regulator released guidelines to assist responsible emitters and auditors making applications for an emissions-intensity determination. For existing Safeguard Mechanism facilities, this determination will be an important factor in how a facility’s unique baseline will be calculated under the reformed Safeguard Mechanism scheme. Read more

The Energy (Renewable Transformation and Jobs) Bill 2023 (the Bill) was introduced to Parliament on 24 October 2023. Read more

The Minister for Climate Change and Energy announced this week he is seeking public feedback on a proposed new declared area for offshore wind and other renewable projects in the Bass Strait, off Northern Tasmania. Read more

Australia’s foreign investment legislation does not yet clearly address our evolving offshore wind licensing landscape, with offshore wind feasibility licences not neatly sitting within an existing category of actions in the current FIRB regime. However, FIRB has taken a consistent approach in approving recent applications, providing clarity for future foreign participants. Read more

The Gas Supply and Other Legislation (Hydrogen Industry Development) Amendment Bill 2023 (Qld) (the Legislation) was passed by Queensland Parliament on 10 October 2023.  The Legislation will commence on a day to be fixed by proclamation. As part of a regulatory review to support the regulation of renewable hydrogen development and use in Queensland, the … Read more