Industrial heat constitutes most of the direct industrial CO2 emitted each year, as the vast majority of heat for industrial processes originates from fossil-fuel combustion.
Decarbonization requires a dramatic shift in how heat is generated as well as consideration of different technology and fuel needed for the required temperature levels.
Investment into the electrification of heat via solar, geothermal and other technologies, as well as carbon capture options are all being explored.
Our experience in the power and renewables sector has been gained by advising on all aspects of the development of power and renewables projects, across all technologies.
Bruck geothermal power plant
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
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.
We advise Squadron Energy on Uungula Wind Farm project in NSW
Norton Rose Fulbright has advised Squadron Energy (formerly CWP Renewables) on the development of Uungula Wind Farm, a 414MW project located near Wellington, NSW.
Norton Rose Fulbright advises TotalEnergies on strategic minority investment in first-of-its-kind Xlinks Morocco-UK Power Project
Global law firm Norton Rose Fulbright has advised TotalEnergies on its strategic minority investment in Xlinks First (Xlinks) in connection with the development of the Xlinks Morocco-UK Power Project, a first-of-its-kind long-distance renewable energy generation, battery storage and cross-border export project.
Global team advises DNB Bank on c. €1.1bn green financings for Cadeler
Global law firm Norton Rose Fulbright has advised DNB Bank as mandated lead arranger, co-ordinator and bookrunner, and related bank syndicates, on two syndicated green financing and partially ECA-backed facilities totalling €1.075bn for Oslo listed offshore wind turbine installation company Cadeler A/S (Cadeler).
Victorian Government advised on Loy Yang A Power Station closure
Global law firm Norton Rose Fulbright has advised the Victorian Government on the orderly closure in June 2035 of the Loy Yang A Power Station in the Latrobe Valley, a key Australian decommissioning p...
Singapore banking and finance team advises on US$1.7bn syndicated loan
Global law firm Norton Rose Fulbright has advised on a US$1.7bn syndicated loan facility for Wii Pte. Ltd., a wholly subsidiary of Wilmar International Limited. Documentation was completed in June 202...
Energy Transition Services
We are committed to helping our clients evolve and thrive as the world changes and would be delighted to discuss how we can help you.