The energy markets are currently experiencing a fascinating transition into uncharted territory with fundamental changes to the entire model of energy production and consumption. Despite rapid developments in the global energy market, significant technical challenges remain and await intelligent solutions. The following can be cited as examples: i) the supporting infrastructure and supply chains required for large-scale deployment of newer technologies, many involving the adoption of hydrogen as an energy source or elements of carbon capture, are not yet available and ii) regulatory frameworks intended to incentivize and safeguard such deployment are still under development in most energy markets.
Legal Solutions for Navigating Egypt’s Energy Transition
Egypt is no exception to these challenges regarding the energy transition and will need the support of lawyers to design the contractual framework on which clients will implement their energy transition projects. The Firm Energy specialization team offers our clients unique and valuable legal assistance in structuring and implementing their energy transition projects, solutions to a multitude of problems, and in-depth legal advisory support, which includes but is not limited to, the application of regulatory frameworks, grant incentives, formation of partnerships, new forms of offtake arrangements and complex transaction agreements.
Our Energy team believes that the path to our client’s success will require grasping the opportunities, as well as meeting the challenges and mitigating risks. We understand that this new future is uncertain, but in this changeable environment, we are confident that our lawyers who can grasp the bigger picture and look beyond their immediate horizons will steer our clients successfully through these uncertain times.