Canada is committed to achieve net-zero carbon emissions by 2050. To do this will almost certainly require a substantial degree of electrification – namely an increased use of clean, non-carbon emitting forms of electricity....more
With the commitment of no less than 22 countries at COP 28 to triple global nuclear power capacity by 2050, and the UK government’s announcement in its Spring Budget that it would buy two sites for two new nuclear power...more
SaskPower has created a nuclear subsidiary called SaskNuclear to advance the province’s small modular reactor (SMR) nuclear project from a business and regulatory standpoint. SaskPower is planning the development of its first...more
In this Alert, we review the impact of the recent acceptance by the Japan Diet of the 2009 Amendment to the London Protocol. Acceptance of the Amendment provides a critical enabler for the export of CO2 from Japan for...more
The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more
Rising interest rates and stubbornly high inflation contributed to a subdued deals market in 2023. There was, however, no shortage of M&A highlights across the energy and infrastructure sectors, including the year’s two...more
It has been a defining month for nuclear power's role in a net zero world. On the second day of the 28th United Nations Climate Change Conference (COP28) in the United Arab Emirates, the International Atomic Energy Agency...more
According to the 2022 World Energy Outlook of the International Energy Agency, the industry sector generates 45 percent of the total direct emission from end-users and it will be extremely difficult to reach net zero without...more
The Act demonstrates the UK’s renewed commitment to reaching net zero and paves the way for players in key industries to achieve their targets. On 26 October 2023, the UK Energy Act 2023 (the Act) received Royal Assent....more
The Nuclear Energy Agency (NEA) Small Modular Reactor (SMR) Dashboard provides analysis of 21 SMR designs and their progress towards deployment and commercialization. The Dashboard looks beyond technology readiness level...more
The UK government has unveiled a number of measures with the overall purpose of reaching net zero by 2050 and meeting the UK’s climate targets. On 30 March 2023, on what has been called the UK’s “green day”, the UK...more
The UK government has enacted the Nuclear Energy (Financing) Act 2022 (the “Nuclear Act”) on 31 March 2022. This note sets out a summary of the Nuclear Act and looks into the question whether it is an adequate measure towards...more
In less than a week, the Rules Committee of the US House of Representatives (the “Rules Committee”) released two versions of modified legislative text of H.R. 5376, the Build Back Better Act. The first version was released on...more
President Biden ran on an energy and environmental platform calling for a carbon-free power sector by 2035 and net-zero carbon emissions by 2050. In pursuit of this clean energy plan, he also called for a modernized energy...more
The Government has issued a consultation paper to assess whether the Regulated Asset Base (“RAB”) model for funding nuclear projects would incentivise investment by the private sector into new nuclear projects. New nuclear...more