Speaking Energy

We are pleased to share a recording of Akin’s recently presented “FERC Order No. 2023-A: What’s New and What’s Next?” webinar, along with the program materials.

We are pleased to share a recording of Akin’s recently presented “FERC’s Interconnection Rule: What’s In, What’s Out and Does It Matter?” webinar, along with the presentation materials.

On July 5, 2023, the U.S. Department of Energy (DOE) Office of Clean Energy Development (OCED) announced a Request for Information to inform the DOE’s efforts to design a demand-side support mechanism for its Regional Clean Hydrogen Hubs Program (H2Hubs). Information obtained through this process will support a future Broad Agency Announcement (BAA) entitled “Implementing Entity (or Entities) for Demand-side Support Mechanism for Clean Hydrogen Hub Projects” that the DOE expects to issue later this summer/early fall. The DOE ultimately intends to commit up to $1 billion to fund entities implementing a demand-side support mechanism to “facilitate bankable clean hydrogen demand” for the H2Hubs to “enable private sector financing and expedite progress to Final Investment Decision for H2Hubs.” This follows the $6-7 billion commitment the DOE initially announced in 2022 for the H2Hubs.

In March 2023, Indonesia’s Minister of Energy and Mineral Resources, Arifin Tasrif, announced the Ministry of Energy and Mineral Resources Regulation No. 2 of 2023 concerning Implementation of Carbon Capture and Storage, as well as Carbon Capture, Utilization and Storage in Upstream Oil and Gas Business Activities (the “MEMR 2/2023”). Indonesia, which has geological formations well suited to the development of carbon capture and storage (“CCS”) as well as carbon capture, utilization and storage (“CCUS”) projects, has become one of the first countries in Southeast Asia to promulgate regulations to support the integration of CCS/CCUS projects within upstream exploration and production activities with the goal of helping to decarbonize the industry.

Earlier this year, our article “Singapore Green Energy Transition – Recent Developments” discussed some of the steps that Singapore has been taking to build a sustainable future and address climate change. In this update, we focus on two new developments in South Korea and Singapore, which showcase the region’s efforts to accelerate the green energy transition and reach our net-zero targets.

We are pleased to share a recording of our “Building the Energy Hubs of the Future” program, that recently took place in our Houston office, in partnership with the Port of Corpus Christi.

We are pleased to share a recording of “The New U.S. Congress: Policy and Regulatory Impacts for the Energy Sector” webinar that recently took place, along with the presentation materials.

Building on Akin Gump’s previous coverage on Singapore’s efforts to advance its green transition initiative¹ and following on from our insights into the Asia Climate Summit 2022, this post provides updates on some of the key recent developments in Singapore’s energy transition landscape.