Welcome to Edition 34 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE). P2N0 covers significant news items globally, reporting on them in short...more
As artificial intelligence (AI) technologies gain widespread adoption among businesses and consumers across the world, the energy required to power the data centers behind them is increasing at an unprecedented pace. This...more
Welcome to the Edition 19 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more
Last month, after a meeting with the G20 financing ministers, U.S. Treasury Secretary Janet Yellen announced that US$3 trillion of additive capital investment will be necessary each year (above and beyond business as usual)...more
In this article, published in Pratt’s Energy Law Report, Miguel Colebrook and Iona Giby* argue for a new framework to understand energy security. This framework prioritizes investment in domestic infrastructure and secure...more
‘Energy security and net zero are two sides of the same coin.’ This is the opening line of the UK government’s ‘Net Zero Growth Plan’, published in March 2023, and leaves no doubt as to the government’s perception of the...more
Welcome to the second 2024 issue of Currents - our e-newsletter focused on energy topics. Business today is characterized by relentless change. To assist our clients in navigating this dynamic landscape, we pride...more
Investment in clean energy solutions is ramping up as governments and businesses race to meet ambitious decarbonization targets. To achieve net-zero emissions by 2050, the International Energy Agency (IEA) estimates that...more
Renewable energy projects share many of the same characteristics as traditional construction projects. To some extent, the approach to managing risk from a legal perspective will therefore be familiar. However, in other ways,...more
Hundreds of millions of people across Africa still lack access to electricity. Urvi Gudka, Senior Associate in Allen & Overy’s Projects, Energy, Natural Resources and Infrastructure practice, discusses how the increasingly...more
Decarbonising Natural Gas and LNG - Natural gas and liquefied natural gas (“LNG”) have long been hailed as one of the winners of the current energy transition when compared to other fossil fuels. Carbon dioxide (“CO2”)...more
Global momentum behind the fight against climate change has never being stronger, as governments and energy companies around the world make ambitious pledges to reduce carbon emissions to net-zero by 2050. The US, under the...more
Wave power is a type of hydroelectric power that relies on the capture of energy held by ocean waves. Like wind and solar power, wave power has the potential to be a valuable part of the energy transition. The potential...more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the United Arab Emirates in the energy and legal industries to get his thoughts on the current energy climate. ...more
Energy-Related CO2 Emissions ‘Flatlined’ Last Year, IEA Says, Raising Hopes About Climate - "Global emissions remained at approximately 33 gigatonnes in 2019 despite the world economy growing by 2.9%, the IEA said." ...more
Energy Blockchain’s Most Obvious Use Case is Not What You Think - "Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable...more
Senegal takes delivery of wind turbines for its first large-scale wind farm' - Last week, Vestas wind turbines and components arrived at Port Autonome de Dakar for West Africa's first large-scale wind farm. ...more
IEA says world cannot "press pause" on renewables, as capacity growth stalls - The International Energy Agency (IEA) has expressed concern over the “unexpected flattening” of renewable-energy capacity additions in 2018,...more
Is U.S. Shale as Productive as It's Cracked Up to Be? "When you look at the data, the question arises of whether E&Ps' well production systems are as efficient and productive as they like to think they are." Why this is...more
Oil Soars After Trump Nixes Iran Nuclear Deal, Stocks Rally - "Crude oil prices rose more than 3 percent on Wednesday after U.S. President Donald Trump's decision to withdraw from a nuclear accord with Iran, a move that...more
Trump Delivers a Mixed Message on His National Security Approach - "In another shift from his predecessor, Mr. Trump's strategy does not recognize the changing climate as a threat to national security. The document instead...more