The high production costs of renewable hydrogen (RH2) limit its ability to compete with alternative non-renewable fuels and technologies. This is exacerbated by a number of market failures (including failure of carbon pricing...more
12/2/2022
/ Climate Change ,
Energy Market ,
Energy Sector ,
EU ,
Green Energy ,
Green Finance ,
Hydrogen Power ,
Member State ,
Private Equity Funds ,
Renewable Energy ,
Sustainable Finance
As the world increasingly commits to climate action, and governments and companies pledge net-zero emissions by or before 2050, it is clear that demand for hydrogen, an essential element of a low-carbon economy, is going to...more
On September 14, 2022, the European Parliament (the Parliament) adopted its position on revised amendments to the Renewable Energy Directive (Recast) 2018 (RED II), amongst other things, proposing requirements for renewable...more
9/16/2022
/ Carbon Emissions ,
Clean Energy ,
Climate Change ,
Electricity ,
Energy Projects ,
Energy Sector ,
EU ,
Green Energy ,
Hydrogen Power ,
Power Plants ,
Renewable Energy
With the Inflation Reduction Act (IRA) now signed into law, attention is shifting to the next potential area for energy reform: permitting. Senator Manchin has outlined his priorities for energy permitting reform legislation,...more
The U.S. Congress has passed, as of today, the Inflation Reduction Act (IRA or the “Act”), which is expected to be signed into law by President Joe Biden very soon....more
8/15/2022
/ Biden Administration ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Energy Tax Incentives ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Adjustments ,
Pending Legislation ,
Popular ,
Sustainability
On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean energy action in what could be the most...more
7/29/2022
/ Carbon Capture and Sequestration ,
Climate Change ,
Energy Tax Incentives ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
New Legislation ,
Nuclear Power ,
Proposed Legislation ,
Renewable Energy ,
Renewable Energy Incentives ,
Tax Incentives
The Need for a Unified Carbon Credit Market -
Industries which cannot easily decarbonize would love to be able to claim reductions in net greenhouse gas (GHG) emissions by “offsetting”—creating or buying carbon credits....more
During the height of the COVID-19 pandemic, many corporations, governments and non-governmental organizations began formulating their post-pandemic sustainability-focused economic recovery plans, eager to capitalize on the...more
As discussed in Shearman & Sterling’s previous Energy & Infrastructure Insight, there is significant pressure on companies and governments to reduce their carbon emissions, not only driven by mandatory regimes but also...more
The new federal government has presented ambitious framework conditions for decarbonizing the German economy through hydrogen, aiming to position Germany at the center of a global hydrogen economy. German industry expects...more
This briefing brings together, in a single easy-to-navigate directory, the statements, declarations and announcements made by governments and organizations during COP26. COP26 was the 26th Conference of the Parties to the...more
Almost two years ago, the European Commission (EC) published its Green Deal, which mentions hydrogen only three times. Since then, hydrogen has come to the center-stage of the EC's decarbonisation agenda....more
We are pleased to publish the Third Edition of our Energy & Infrastructure Insight, providing information and analysis of the current issues facing the energy and infrastructure sectors across the globe.
In this latest...more
10/19/2020
/ Carbon Emissions ,
Climate Change ,
Discharge of Pollutants ,
Energy Sector ,
EU ,
Hydrogen Power ,
Infrastructure ,
Natural Gas ,
Oil & Gas ,
Power Infrastructure ,
Renewable Energy ,
Taiwan ,
Wind Power