Agreement reached by Council on electricity market design reform after months-long wait

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

Have your say on the draft NSW energy policy framework

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

Safeguard Mechanism reforms: New guidelines released on emissions-intensity determination applications and a review for a potential carbon border adjustment underway

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

Offshore investors & offshore wind in Australia: FIRB in the context of offshore wind feasibility licences

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