A vision in green: EU floats policy options to meet stricter emissions target

The European Commission (the “Commission”) has announced its intention to increase the current EU target to reduce greenhouse gas (“GHG”) emissions by 2030. On 15 September 2020, in the first State of the Union annual address by President Ursula von der Leyen, the Commission proposed ‘to increase the 2030 target for emission reduction to at … Read more

Ofgem publishes proposals to issue final orders on seven licensed electricity suppliers

On 2 October, Ofgem, the UK electricity regulator, published proposals to issue final orders on seven licensed electricity suppliers: Flow Energy Limited Nabuh Energy Limited Robin Hood Energy Limited MA Energy Limited Tonik Energy Limited Symbio Energy Limited Co-operative Energy Limited These orders are subject to consultation for 21 days before being confirmed. Provisional and … Read more

Navigating the low oil price environment podcast: Supply chains in times of disruption: market reactions and the way forward

Supply chain difficulties are at the heart of pressures facing many businesses. How does low the oil price create supply chain pressure points, and what is being done and can be done to alleviate them? Our Construction Disputes specialists Craig Shepherd (Partner), Emma Schaafsma (Partner) and Karan Talwar (Associate) discuss how the oil and gas … Read more

Ethiopia’s Renewable Energy Goals

While Ethiopia has expanded its energy production capacity tenfold in the past 25 years, it continues to experience energy shortages as it struggles to meet its population’s demand for electricity. Ethiopia’s population is growing by more than 20% per year and it is struggling to provide access to electricity, which is currently available only to … Read more

Navigating the low oil price environment podcast series: Operator obligations: “reasonable and prudent” in challenging circumstances

What are the potential battle lines between the operator and non-operators in the low oil price environment?  How does the RPO manage competing commercial interests, such as divergence in availability of capital or attitude to decarbonisation?  Do the same considerations apply to sellers under long term contracts who have agreed to operate in accordance with … Read more

Federal government investment in emerging technologies and funding changes for ARENA and CEFC

This week the Australian federal government announced a $1.9 billion funding package targeting new and emerging technologies for the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). This provides important funding certainty to ARENA and CEFC and is expected to substantially assist in Australia’s energy transition towards a lower emissions energy … Read more