On the 17 March 2021, the UK’s Department for Business, Energy and Industrial Strategy (BEIS) published a comprehensive 175 page decarbonisation strategy placing the industrial sector at the core of the UK’s ambition to reach net-zero carbon emissions by 2050. The strategy, which BEIS describes as the “world’s first” to set a specific vision for … Read more

Late 2020 recorded the publication at European level of significant documents and decisions in relation to hydrogen. In particular, following the Hydrogen Strategy implemented by the Commission in July 2020[1], on 11 December the Council published its conclusions on the steps to be taken to create a hydrogen market for Europe[2], on 17 December an … 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

Hydrogen is one of the ten points in the UK Government’s new plan for a “green industrial revolution” revealed on 18 November 2020. In 2021, the Government’s hydrogen strategy will be published which will set out business models and the revenue mechanism for private sector investment. There will also be a consultation on the Government’s … Read more

The UK Prime Minister Boris Johnson announced today his ambition for UK offshore wind to generate 40GW of electricity by 2030. The UK is well on the way to achieving this already, and the International Energy Agency predicts it will continue to lead Europe’s offshore wind market to 2030.1 But what are the next steps … Read more

In our July post EU Hydrogen Strategy – a call to action we looked at the EU’s Hydrogen Strategy, which sets out the European Commission’s vision for how the EU can harness the power of hydrogen to achieve its commitments to decarbonise the continent and transition to clean energy by 2050. In today’s post we … Read more

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

Joining William Powell and Joseph Murphy of Natural Gas World, Lewis McDonald discusses what the future now looks like in terms of investments in energy, namely oil and gas. Given the burgeoning global population, rising standards of living and climate goals, there has been a serious increase in awareness and concern in global climate change around the world. The environmental, social and governance (ESG) agenda is now at the top of many companies’ priorities though currently appearing to mainly affect companies in Europe and less so in Asia. Prior to the outbreak of the Covid-19 pandemic, ESG was the major issue being discussed in board rooms. With about 12,000 entities, together controlling around $14 trillion, divesting or wanting to divest from fossil fuels primarily based on consumer demand and consumer sentiment and where the laws and regulation are heading, we have seen rather a chilling effect on investment in the oil and gas sector – and the big question is ... where does it all go from here… Read more