Articles Posted in Energy

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GettyImages-1162538151-300x240As green hydrogen production becomes a global endeavor, many countries are vying to become hubs for the production of clean-burning fuel. Among them, Egypt has signed a number of agreements over the last year with international companies to establish green hydrogen production facilities in its Suez Canal Economic Zone (SCZone), a self-sustaining industrial development corridor established in 2016 that consisting of 461 square kilometers and six maritime ports with the stated goal of “transforming the region from a traditional oil and gas shipping route into the world’s longest ‘green’ canal.”

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GettyImages-183063805-300x200As the world pursues ambitious net-zero carbon emission goals, demand is soaring for the critical materials required for the technologies leading the energy transition. Lithium may be the most well-known of these inputs due to its usage in batteries for vehicles and consumer electronics, but roughly 50 other minerals are central to energy transition technologies. During the coming years, producers, manufacturers and end-users will be increasingly exposed to the roles played by “rare earth” elements (roughly, atomic numbers 57 to 71), platinum group metals, and other materials.

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Recently, the U.S. Senate and House agreed to and passed the CHIPS Plus legislative package, which will provide $52.7 billion dollars in federal funding for U.S. Government agencies to distribute to U.S. semiconductor manufacturers to build new plants, increase manufacturing capacity, and support research and development.

Click here to read the full article from Pillsbury’s Nancy Fischer, Gurpreet Bal, Aimee Ghosh, and Johnna Purcell.

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Europe’s energy infrastructure struggles under record heat waves, Wall Street tightens commercial real estate lending, blockchain technology and NFTs (non-fungible tokens) continue to transform real estate ownership, and more.

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The U.S. Department of Energy (DOE) turns its focus to clean hydrogen hubs, key real estate players announce a new round of layoffs, Local Law 97 faces pushback in New York, and more.

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Our mid-year roundup highlights the top-read Gravel2Gavel posts from 2022 so far. Our authors provided deep industry insights and summarized hot topics that addressed various legal implications and disruptions that affected the market, ranging from topics like investing in real estate metaverse to the clean hydrogen transition.

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Well-maintained yellow gas pipes parallel on side of buildingClean hydrogen has the potential to play a significant role in the energy transition by serving as a carbon-free form of energy storage and heat production. In real estate, hydrogen could provide heating, replace or supplement natural gas in many applications, or store excess rooftop solar power. The United Kingdom, United States and Japan are all homes to pilot projects attempting to scale out hydrogen for use in communities.

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