How will hydrogen disputes be resolved?

With a rapidly-emerging energy market set to fuel a rise in disputes, we explore how arbitration could offer the solution A global transformation of the energy sector is underway. Markets appear to now accept that deployment of hydrogen at scale could be the next major energy source from around 2030. For that daunting goal to … Read more

Consultation Open for Re-Design of EU’s Power Market

On January 26, the European Commission (“EC”) launched a consultation resulting from the ongoing discussions around the reform of the European Union’s (“EU”) electricity market. Cracks in the market design became visible after a drastic reduction in the importation of Russian gas, prompting a re-assessment of the structural shortcomings of the market. This consultation primarily … Read more

The future of lending to the oil and gas sector

Intense, continued focus on sustainability has put pressure on the oil and gas sector to openly demonstrate its efforts to effect change across the environmental, social and governance (ESG) spectrum. The sector is still a  critical one for energy transition, and for ensuring access to energy in developing markets, so it is important that the … Read more

ESMA final report on Article 8 of the EU Taxonomy Regulation

On 1 March 2021 the European Securities and Markets Authority (ESMA) published its Final Report on advice under Article 8 of the Taxonomy Regulation. The Final Report outlines the information that non-financial undertakings and asset managers need to provide to comply with their disclosure obligations under the Non-Financial Reporting Directive (NFRD). The Taxonomy Regulation came into force … Read more

Key TCA issues for the energy sector

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 plastics economy and the future challenge for downstream producers

1. Plastics: a changing landscape Increasing awareness of the environmental impacts caused by human consumption has led to increased societal pressure on governments and industry to modify practices to lessen their impact on the environment. One area this has occurred which is of particular concern to downstream market participants, is single use plastics. According to … Read more