MEMBER NEWS: New law firm book sets out options in climate change “watershed”

November 7, 2022
MEMBER NEWS: New law firm book sets out options in climate change “watershed”

A leading Scottish-based law firm is preparing to publish a ground-breaking guide to new energies which is set to offer a unique insight into what is being described as a “watershed” moment in challenges around Climate Change, Energy Transition and Net Zero.

Stronachs LLP has harnessed the unique capacity of its own publishing house Aberlour Press Limited to deliver a brand-new, 19-chapter volume which has been created thanks to a collaborative effort involving some of the company’s expert team of staff and consultants.

The book is set to be published in two phases with a digital edition to be followed up by a print edition in coming weeks.

The company’s fifth book – “Guide to the New Energies” – is entirely focused on emerging energies, examining the background and policy issues surrounding various energy sources.  It leads with a thought-provoking introduction summarising and providing a starting point for discussion on some of the key energy sources and solutions which governments may adopt to meet the challenges of climate change in the next 20 years and, consequently, where investors may focus sustainable investment strategies.

As well as considering new energies against a backdrop of energy security, the underlying problem of climate change and possible solutions are considered before energy sources are laid out in the second “Technology Challenge” section of the volume.  The book also sets out the key climate change targets that governments and countries will need to achieve because of international treaty obligations.

Commenting on the book, Ewan Neilson (one of the two joint editors) said: “According to the IEA Security of Clean Energy Transitions, the world is investing record amounts in renewable power capacity; 295 GW in 2021, with a further 320 GW in 2022 largely from solar PV.  This equates to the European Union’s total electricity generation from natural gas, but it is only a starting point if the world is to keep to the IPCC target of 1.5 °C of future warming”.

Governments, financiers and companies internationally have all bought into the concepts of the energy transition and to net zero by using fossil fuels as a transition energy but also adopting new energy solutions.  Substantial amounts of investment capital and human capital have been and will be committed on finding the best solutions; the Books is an aid to looking at each energy solution.

He added: “There are times in the world’s history when we reach key watersheds.  We are in that time at present, and we could be facing catastrophic change.  The decisions we choose to make at present will decide whether our species makes it through the next 200 years or whether we become, like so many other species over geological time, extinct.”

To find out more about Stronachs LLP and the new book: Guide to the New Energies” visit https://aberlourpress-renewables.com

Get in touch

AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy

Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall

Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

Scottish Enterprise