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Australia Energy Sector

K&L Gates LLP

Proposed New Australian Hydrogen Production Incentives and Support

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The Australian Government has recently announced proposed measures to support the production of hydrogen in Australia utilising renewable energy. These include a new hydrogen production tax incentive and are estimated to...more

White & Case LLP

Constructing the low-carbon economy

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With an unprecedented momentum for the construction of new major projects linked to the shift away from fossil fuels and the development of a low-carbon economy, there is a real focus on construction law issues relevant to...more

Hogan Lovells

Australia promises AU$2 billion green energy investment boost for Southeast Asia

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The Australian government is setting up a AU$2 billion finance facility to help fund green energy transition and infrastructure development in Southeast Asia. The Southeast Asia Investment Financing Facility (SEAIFF) will...more

Dechert LLP

Multiple Governments Impose Joint Sanctions on Russia

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On the second anniversary of the start of the war in Ukraine and in response to the death of activist Aleksey Navalny in a Russian prison, the United States, European Union, and United Kingdom, along with Australia and...more

Hogan Lovells

Power up - Australia expands Capacity Investment Scheme in renewable energy push

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Investors have welcomed the news that the Australian government is expanding its Capacity Investment Scheme (CIS), a scheme designed to encourage the shift away from reliance on coal and stimulate investment in renewable...more

A&O Shearman

Emerging Asia powering ahead with decarbonisation agenda

A&O Shearman on

Asia is at the forefront of the global challenge to balance economic development, climate adaptation and mitigation, and energy security. The region is diverse, dynamic and pragmatic, facing both the risks and opportunities...more

K&L Gates LLP

November 2023 ESG Policy Update – Australia

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Australian Update - Draft Reporting Standards for Australian Climate-Related Disclosures - As previously reported by K&L Gates, the Australian Accounting Standards Board released its exposure draft of the Australian...more

Venable LLP

New U.S. Sanctions Target Russia's Industrial Base, Additional Financial Institutions, and Technology Suppliers

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Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more

K&L Gates LLP

ESG Policy Update–Australia

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Australian Update - Addressing Modern Slavery Risks in Renewable Energy Supply Chains - As the modern slavery risks in the supply chains of renewable energy producers and markets come into focus (ABC|GreenBiz), the office of...more

White & Case LLP

District Energy: review of international regulation and the future of district heating and cooling in Australia

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Global demand for air conditioning is projected to triple over the next 30 years, with most of this demand emanating from developing countries. Given the global commitment towards achieving net-zero emissions by 2050 and the...more

K&L Gates LLP

Australia's Pitch in a Net-Zero Future: Critical Minerals Strategy

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The Australian Government recently released its Critical Minerals Strategy 2023–2030 (CM Strategy). BACKGROUND - Australia holds some of the world’s largest repositories of cobalt, lithium and vanadium — elements critical...more

Hogan Lovells

Path to transition – Australia sets out critical minerals strategy on way to net zero

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The Australian government has published its long-awaited Critical Minerals Strategy 2023-2030. The strategy says that the country’s critical minerals sector is well placed to seize the opportunities of the clean energy...more

Hogan Lovells

USA and Australia alliance – closer collaboration and new opportunities for energy, minerals, space and defence

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In a joint statement released by Prime Minister Albanese and President Biden, Australia and the United States have committed to a number of new agreements that may have a significant impact on climate and biodiversity action,...more

BCLP

Key takeaways from the United States - Australia Climate, Critical Minerals and Clean Energy Compact

BCLP on

The United States - Australia Climate, Critical Minerals and Clean Energy Transformation Compact (the “Compact”) is a landmark formal statement of strategic intent to establish climate, clean energy and a shared energy...more

Spilman Thomas & Battle, PLLC

Energy Industry Insights: V 7, Issue 2, January 2023

GOP Attorneys General Sue Labor Department Over ESG Rule - “GOP senators, joined by Manchin, oppose the new rule, which gives asset managers more freedom.” Why this is important: The article describes reaction to...more

A&O Shearman

Snapshot of Australia’s renewable energy market

A&O Shearman on

After many years of limited action on climate change, a change in federal government has seen Australia set a target to reduce emissions by 43% below 2005 levels by 2030 and achieve net zero by 2050. In its first budget the...more

White & Case LLP

Offshore Electricity Infrastructure Framework – Draft Regulations and Guidelines

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The Australian government has released draft regulations and guidelines for the country's Offshore Electricity Infrastructure (OEI) framework, with public consultation to run until 22 April 2022. Last year, we reported...more

K2 Integrity

Asset Tracing and Corporate Intelligence Techniques: What Financial Institutions Can Do to Prevent Evasion of the Sanctions...

K2 Integrity on

On 16 March 2022, K2 Integrity hosted our second webinar in our series on the evolving sanctions against Russia and what it means for global markets and businesses. This article summarizes the key points and analysis from the...more

Hogan Lovells

Foreign investment in Australia’s energy and resources sector - February 2022

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This guide is intended to supplement our popular Foreign Investment in Australia guide and has been drafted with the intention of providing an overview of the specific considerations a foreign person who is seeking to make an...more

Hogan Lovells

Australia's Pathway to a Hydrogen Energy Future: Hydrogen Projects Update 2022

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There has been significant progress in the Commonwealth and State Governments’ plans to develop a hydrogen industry in Australia since our original Australian Hydrogen Projects Paper that was published in 2020. Alongside and...more

K&L Gates LLP

Just-Passed: Australian Offshore Electricity Infrastructure Bill

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The Australian parliament recently endorsed the Offshore Electricity Infrastructure Bill 2021 (Bill) which will provide a framework for construction, operation, maintenance, and decommissioning of offshore electricity...more

K&L Gates LLP

Much Anticipated Australian Offshore Electricity Infrastructure Bill Introduced to Parliament

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AN EXCITING NEW OPPORTUNITY FOR AUSTRALIA - The new Offshore Electricity Infrastructure Bill 2021 (Bill) has been introduced to the Australian parliament with the aim of kick-starting new investment into offshore electricity...more

White & Case LLP

Offshore renewable energy legislation proposed for Australia

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On 2 September 2021, the Minister for Energy and Emissions Reduction tabled two Bills in the Australian Parliament that will, if enacted, regulate the development and operation of offshore wind and other renewable energy in...more

K&L Gates LLP

Hydrogen Rising: Creating Demand: Australia’s Star Scientific, a Demand-Side Hydrogen Activator

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Andrew Horvath, Global Group Chairman of Australia’s Star Scientific, speaks with Hydrogen Rising co-hosts David Wochner and Kelly Davies about the Hydrogen Energy Release Optimiser (HERO®), his company’s award-winning,...more

K&L Gates LLP

Long-Term Energy Service Agreements - Have Your LTEsay

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On Monday 9 August 2021, the NSW Government released a consultation paper (Consultation Paper) seeking industry feedback in relation to its Long-Term Energy Service Agreements (LTESAs) proposals. But you may ask, what are...more

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