The UK’s Hydrogen Strategy landed this month, sending a strong message that the UK government is listening and willing to commit to private sector partners in order to reach short term and long term hydrogen market goals. However, the scale
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President Biden Issues National Security Memorandum on Critical Infrastructure Cybersecurity
On July 28, 2021, President Biden signed a national security memorandum that seeks to “significantly improve” the cybersecurity of critical infrastructure systems. The “National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems” (the “Memorandum”) reflects the administration’s conclusion
Mexico – CRE Fixes Maximum LP Gas Prices after SENER Issues Emergency Guideline
After a brief review before the Federal Regulatory Improvement Commission (Comisión Nacional de Mejora Regulatoria, “CONAMER”), on July 28, 2021, the Ministry of Energy (Secretaría de Energía,
Mayer Brown’s Working Capital Newsletter
We are excited to share with you our second edition of Working Capital, Mayer Brown’s Projects & Infrastructure newsletter. In this edition, we feature
- Mayer Brown’s newly elected chair, Jon Van Gorp and his commitment to our clients;
- Interviews with
IRS Ruling Provides Guidance on Carbon Capture Equipment and Section 45Q Credit
On July 1, 2021, the US Internal Revenue Service (the “IRS”) released Revenue Ruling 2021-13 (the “Ruling”), which provides additional guidance on the definition of “carbon capture equipment” for purposes of the carbon capture tax credit under Section 45Q of
US FERC Announces New Joint Federal-State Task Force on Electric Transmission
On June 17, 2021, the United States Federal Energy Regulatory Commission (FERC) issued an order establishing a new Joint Federal-State Task Force on Electric Transmission, calling for nominations for state commission representation on it, setting forth preliminary details of it
North Carolina, a Little Late to East Coast Offshore Wind Race, Goes 8 GW-by-2040 Large
On June 9, 2021, North Carolina Governor Roy Cooper issued Executive Order 218, which targets 2.8 GW of offshore wind by 2030 and 8 GW by 2040 and anticipates the creation of 600,000 related jobs and an annual contribution to
Mexico – District Judge Suspends Amendment of Hydrocarbons Law that Repealed PEMEX’s Asymmetric Regulation
A district judge has temporarily suspended with general effects the amendment to the Hydrocarbons Law eliminating PEMEX’s asymmetric regulation. Please see Legal Update at link below for all details.
https://www.mayerbrown.com/en/perspectives-events/publications/2021/06/mexico-district-judge-suspends-amendment-of-hydrocarbons-law-that-repealed-pemexs-asymmetric-regulation?utm_source=vuture&utm_medium=email&utm_campaign={vx:campaign%20name}
Critical Pipeline Cybersecurity Directive Released
In the wake of the May 2021 ransomware attack on a major US oil pipeline, the Department of Homeland Security’s Transportation Security Administration (TSA) has released a security directive (the “TSA Directive”) to better “identify, protect against, and respond to
CCUS: A Summary of BEIS’ Cluster Sequencing for Carbon Capture Usage and Storage Deployment: Phase-1
This month the UK Government issued an updated timetable and submissions guidance for cluster sequencing for Carbon Capture Usage and Storage (CCUS) deployment. With this paper came a number of updates across its CCUS programme including:
- the CCS Infrastructure Fund (CIF);