The EU-UK Trade and Cooperation Agreement (“TCA“) establishes objectives for the energy market by providing for the facilitation of trade and investment between the EU and the UK (the “parties”) in the areas of energy and raw materials, and supporting security of supply and environmental sustainability, notably in contributing to the fight against climate change … Read more

The European Commission has announced this week a proposed revision of the Trans-European Networks for Energy Regulation (the TEN-E Regulation). The revision aims to bring European energy infrastructure in line with the EU’s new climate targets and the European Green Deal. Changes in technology and ambitions have required new infrastructure categories along with changes to … Read more

Background The primary driver behind the revision of the TEN-E Regulation is to align the regulation with the new European Green Deal. The European Green Deal aims to transform the EU into a fair and prosperous society with a modern, resource-efficient and competitive economy. The TEN-E Regulation is seen as a central instrument for the … Read more

Shipping and aviation are key contributors to the UK economy, with estimates being that, before the COVID-19 pandemic, they contributed over £40 billion and £20 billion, respectively each year. They are important sectors in achieving the UK’s net-zero ambition, but decarbonising these industries is a challenging exercise. Emissions from international aviation and shipping are not … Read more

Aiming to drive down the cost of green hydrogen, the Green Hydrogen Catapult initiative launched by the UN on 8 December 2020 sees a coalition of global green hydrogen leaders come together with a target to deploy 25GW of renewables-based hydrogen production over the next six years. The Green Hydrogen Catapult coalition, which includes ACWA … Read more

In the later stages of the global pandemic, the importance of a green recovery has been emphasised across the globe, and ESG principles have permeated almost every aspect of life, including the financial markets. However, the acronym ESG has an enormously wide scope: where the move to net zero carbon emissions may be a longer … Read more

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

In another step to progress its decarbonisation efforts and 2050 zero-pollution ambition, the EU has recently delivered its strategic plan for reducing methane emissions, the EU Methane Strategy. The focus of the Strategy from an energy sector perspective is twofold: first, reducing methane emissions within the EU and importantly, second, reducing methane emissions associated with … Read more