Safeguard Mechanism Bill passes Parliament setting stage for Safeguard Mechanism reforms

    The Safeguard Mechanism (Crediting) Amendment Bill 2023 was passed by the Australian Parliament on 30 March 2023.  The Bill was primarily introduced to enable the crediting element of the reform, however the changes negotiated with the Australian Greens Party are not limited to crediting and will extend beyond amendments to the Bill itself. We explore key aspects … Read more

    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

    Public consultation open: Proposed offshore renewable energy infrastructure area off the NSW Hunter Coast

    The Australian Department of Climate Change, Energy, the Environment and Water (DCCEEW) announced yesterday that it is seeking public feedback on the possible effects of renewable energy projects off the NSW Hunter coast. This announcement follows last year’s declaration of part of Bass Strait off Victoria’s Gippsland coast as Australia’s first offshore renewable energy infrastructure … 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

    UK rejoins North Sea Energy Cooperation with EU countries

    The UK Government has signed a landmark memorandum of understanding (“MoU“) facilitating renewable energy cooperation between the UK, the European Union and other North Seas countries. This agreement marks a major step towards ensuring post-Brexit energy security for the UK and sets out a framework for future collaboration for an initial period until 30 June … Read more