UK Energy Security Bill introduced amid political turmoil has wide-ranging implications for the energy sector

On 6 July 2022, a day of significant political uncertainty, the Government published its long-awaited Energy Security Bill. Notwithstanding the current political turmoil, this is expected to survive to become the most wide-ranging legislative reform of the UK’s energy market for several years. The Energy Security Bill (Bill) was published and introduced to Parliament for … Read more

Changes to the carbon capture readiness requirements

BEIS has published a call for evidence on changes to the Carbon Capture Readiness (CCR) requirements. The proposed changes would significantly expand the categories of plants that would have to demonstrate they are decarbonisation ready as part of their permitting process, and it is important that all developers of thermal generation plant (including bioenergy) follow … Read more

Australian Government splashes the cash in positive step towards cutting emissions

The Australian Government has committed over AUS$1.1 billion for hydrogen, CCS/CCUS and international technology partnerships. The funding comes from the 2021-2022 Federal budget and broadly consists of: AUS$275.5m for the development of four hydrogen hubs AUS$263.7m for the development of CCS/CCUS projects AUS$565.8m for international technology partnerships This week’s Federal Government’s commitment sees some AUS$1.1 … Read more

Carbon capture, usage and storage – point 8 of the UK Government’s Ten Point Plan

Becoming a world-leader in carbon capture, usage and storage (CCUS) technology is at the heart of the UK Government’s new plan for a “green industrial revolution” released on 18 November 2020 (Ten Point Plan). The Ten Point Plan makes it clear that by capturing carbon from power generation, low carbon hydrogen production and industrial processes, … Read more

UK Government announces plan for a Green Industrial Revolution

Today the Prime Minister Boris Johnson has set out the Government’s ten point plan for what it is calling the green industrial revolution. This is part of the blueprint for the UK to meet the legally-binding target to produce net zero carbon emissions by 2050. The ten points of the plan are: Offshore wind – … Read more

Federal government investment in emerging technologies and funding changes for ARENA and CEFC

This week the Australian federal government announced a $1.9 billion funding package targeting new and emerging technologies for the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). This provides important funding certainty to ARENA and CEFC and is expected to substantially assist in Australia’s energy transition towards a lower emissions energy … Read more

EU Hydrogen Strategy – a call to action

On 8 July 2020, the European Commission (the “Commission“) published its European Hydrogen Strategy (the “Hydrogen Strategy“) and launched the industry-led European Clean Hydrogen Alliance (the “ECHA” or the “Alliance“). (1) The European Hydrogen Strategy (A) Background: A Policy Framework for Energy Transition & Decarbonisation The Hydrogen Strategy sets out the Commission’s vision for how … Read more