Energy transition insights

Global energy year in review 2024 and 2025 outlook

As the energy sector continues its transition to net-zero emissions, we celebrate another record year in energy, with over 580 transactions valued at US$275 billion in the last five years.

Global | Video | January 30, 2025

Road to COP29: Our insights

The 28th Conference of the Parties on Climate Change (COP28) took place on November 30 - December 12 in Dubai.

Global | Publication | November 11, 2024

CO2 shipping and transportation: What next?

We hosted the Riviera CO2 Shipping, Terminals & CCS Conference, Americas 2024 in Houston on September 16, bringing together industry leaders and subject matter experts to share ideas and discuss opportunities and challenges related to CO2 terminalling globally.

United Kingdom | Publication | September 30, 2024

2024 Hydrogen Insights Report: Key insights

The Hydrogen Council's 2024 Hydrogen Insights Report highlights significant advancements in the global hydrogen sector, but also underscores the need for more accelerated investment and clearer regulatory support to meet long-term climate goals.

United Kingdom | Publication | September 19, 2024

Expanding the smallest molecule

The most abundant element in the universe is trying to forge its role in accelerating the pathway to our low carbon future. Let’s talk about green hydrogen.

United Kingdom | Publication | September 18, 2024

Japan’s hydrogen subsidies kicking-off in Summer 2024

The Japanese government passed the Hydrogen Society Promotion Act (the Hydrogen Act) on 17 May 2024, further to which the government is expected to implement two subsidy schemes commencing in the summer of 2024.

United Kingdom | Publication | June 20, 2024

Japan takes a step forward passing key hydrogen and CCS Acts

On Friday 17 May 2024, the Hydrogen Society Promotion Act and the CCS Business Act were passed in the Parliament of Japan.

United Kingdom | Publication | May 28, 2024

EU Corporate Sustainability Due Diligence Directive (CSDDD) passed by EU Parliament: What are the implications?

On 24 April 2024, the European Parliament voted to adopt the long-awaited EU Corporate Sustainability Due Diligence Directive (CSDDD or the Directive).

Global | Publication | May 22, 2024

Locking in the green energy transition: Hydrogen ready for takeoff, or a reality check?

Depending on who you listen to, the global hydrogen industry is either poised for take-off in 2024, or about to come face to face with the reality that the cost of its production and transportation will prevent it becoming the hoped-for super-agent.

United Kingdom | Publication | May 16, 2024

Australia’s 2024-2025 Federal Budget: Supporting opportunities for investment in the energy transition

This evening, Treasurer Jim Chalmers announced the 2024-2025 Australian Federal Budget (the Budget). The centrepiece of the Budget is the very significant support given to various energy transition measures, in particular tax incentives for hydrogen production, that is clearly a direct response to similar measures (such as the Inflation Reduction Act) in other jurisdictions.

United Kingdom | Publication | May 14, 2024

CO2 NPT and cross-border transportation: Challenges and opportunities for UK CCUS projects

CO2 NPT and cross border transportation of CO2 are issues hot in the minds of many CCUS project stakeholders across the value chain.

United Kingdom | Publication | May 10, 2024

NRF Client Briefing: Introduction of the new digital waste tracking service

In November 2023, the Department for Environment, Food & Rural Affairs (Defra) published the response (the Response) to its consultation on the introduction of mandatory digital waste tracking. The Response confirms the Government’s intention to introduce a mandatory digital waste tracking service from April 2025 (the Service) to make it easier to track waste and resources produced from waste throughout the economy.

Global | Publication | May 09, 2024

UK Carbon Border Adjustment Mechanism: How will it work?

In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027

Global | Publication | May 07, 2024

The European Hydrogen Bank looks to up the ante for its second auction under the Innovation Fund

Hot on the heels of today's announcement that the European Hydrogen Bank (EHB) has awarded nearly €720 million in financial support from the Innovation Fund's pilot auction to seven renewable hydrogen projects, the European Commission has published the draft terms and conditions for its proposed second auction, due to be launched later in 2024.

United Kingdom | Publication | May 01, 2024

Building long-term integrity in the voluntary carbon market

In recent years, an important question has arisen in relation to the voluntary carbon market (VCM) as it continues to expand: How do we elevate and maintain its integrity?

Australia | Publication | April 24, 2024

Climate change and the insurance industry: What next?

The increasing frequency and severity of climate-related natural disasters is having a big impact on physical risk exposures and the increasing protection gap.

Global | Publication | April 18, 2024

EU scales up green subsidies: How you can benefit from new support for clean investments

EU scales up green subsidies: How to benefit from support for clean investments

On February 6, 2024 the Council of the EU and the European Parliament agreed a provisional version of the Net-Zero Industry Act (NZIA), which is now expected to be formally adopted by the end of April 2024.

Global | Publication | April 11, 2024

Financing onboard carbon capture: What are the options?

Norton Rose Fulbright’s legal experts explore potential finance options for carbon capture systems and the particular complexities related to mortgaged vessels

Global | Publication | March 19, 2024

PFAS: A global perspective

PFAS (per-fluoroalkyl and poly-fluoroalkyl substances) are a group of man-made chemicals used globally for many purposes, including water resistance, stain resistance, non-stick coatings in textiles, apparel, and cookware, as well as in semiconductors, circuit boards, and electrical wiring, amongst others.

Global | Publication | March 01, 2024

Energy transition newsletter: Issue 4

Insights from our global team on the frontline of legal innovation and solutions for the energy transition Stay in touch with the latest in the transition by subscribing to our newsletter. Register

Global | Publication | February 14, 2024

Japanese government approves new legislation bill on hydrogen price-gap subsidy

On 13 February 2024, the Japanese government approved a new legislation bill to provide subsidies to suppliers of hydrogen and ammonia. The new law is expected to be enacted in the current Diet session and to come into force by the end of this year.

United Kingdom | Publication | February 13, 2024

Technical consultations on the future of the UK Emissions Trading Scheme (UK ETS)

Following the minor amendments to the UK ETS which came into force on 1 January 2024 (see our article, New changes: the UK emissions trading scheme (UK ETS) | United Kingdom | Global law firm | Norton Rose Fulbright), the Department for Energy Security and Net Zero (DESNZ) is consulting on technical matters concerning the future structure and operation of the UK ETS.

United Kingdom | Publication | February 08, 2024

New UK rules and targets for vehicle emissions from January 2024

As part of the development of the UK vehicle emission regulatory framework, the Vehicle Emissions Trading Scheme Order 2023 (the Order) came into force on 1 January 2024.

Global | Publication | February 02, 2024

Hydrogen and ammonia: 2024 trends, opportunities and risks in light of Japanese regulatory change

Japan is now making a renewed push for the development of its hydrogen/ammonia economy, with the country targeting consumption of 20 million tons per year by 2050. With the goal of hydrogen and ammonia making up 1% of the country’s primary energy mix by 2030, there is now heightened attention on Japanese energy policy and regulatory change with key market-players watching closely for emerging investment opportunities.

Asia | Publication | January 26, 2024