Heavy Industries Go Light23 September 2024

In our series “Heavy Industries Go Light”, we discuss what viable strategies are available for heavy industries to lighten their footprint. We will be publishing articles weekly. Links to each article will be added upon publication.

Joint Ventures in renewable energy projects

Capital efficiency drives cost-effective investments in renewable energy. Joint ventures are becoming popular as they align interests and offer stable returns amidst rising decarbonisation efforts. However, they must navigate the challenges in return expectations, investments horizons and expertise to succeed. Explore this article to learn how joint ventures are shaping the future of renewable energy investments.

Full article here.

Power Purchase Agreements (PPAs) – The key to sustainable energy supply

For Heavy Industries Power Purchase Agreements (PPAs) are crucial for sustainable energy and – where needed – green hydrogen production, with tailored contracts addressing specific needs and regulatory frameworks. In this article, we discuss the key contractual elements of PPAs, how offshore wind energy opens new opportunities for PPAs and the structuring options for risk allocations.

Full article here.

Carbon Dioxide Capture and Storage – Better stored deep down than blown high up

Carbon Dioxide Capture and Storage is a technology and growing business sector. The German federal government has recently come out in favour of CCS as a “building block for a climate-neutral and competitive industry”. This article details what CCS is, the legal framework in Germany, and funding opportunities.

Full article here.

Grid Fee Reforms – Danger Alert for German Heavy Industry?

In July 2024, Germany’s Federal Network Agency (Bundesnetzagentur – “BNetzA”) published a key issues paper in which it further develops the regulations on grid fees for industrial customers. What might this mean for the industry?

Full article here.

Energy transition in industrial parks

EU Renewable Energy Directive (RED III) mandates 42% green hydrogen use in the industry by 2030, rising to 60% by 2035 which will have significant impacts on industrial parks. To meet the regulation requirements, industrial parks must accelerate their energy transition. Read this article to understand how to navigate increased legal requirements for industrial companies.

Full article here.

The Chemical Industry and Renewables: A Path Towards Sustainability

The chemical industry is pivoting towards sustainability by integrating renewable energy sources. This shift aims to reduce the industry’s carbon footprint while maintaining productivity and innovation. As the world moves towards a greener future, the chemical industry must continue to innovate and adapt. This article emphasises the industry’s crucial role in the global effort to combat climate change.

Full article here.