Riding the Wave of Renewable Energy: Exploring the Power of Carry Arrangements in the Green Industry

Abstract This article will explore how Carry Arrangements, a sophisticated financing technique commonly used in oil and gas projects, can be adapted, and applied in the renewable energy industry. It will highlight the importance of oil and gas companies’ involvement in the low-carbon energy transiti...

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Veröffentlicht in:Journal of world energy law & business 2024-03, Vol.17 (2), p.104-117
Hauptverfasser: Adekanye, Iyunola, Sobande, Temitayo
Format: Artikel
Sprache:eng
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Zusammenfassung:Abstract This article will explore how Carry Arrangements, a sophisticated financing technique commonly used in oil and gas projects, can be adapted, and applied in the renewable energy industry. It will highlight the importance of oil and gas companies’ involvement in the low-carbon energy transition and how they can leverage their expertise in supply chain and market development to promote the deployment of low-carbon energy solutions. The article will discuss the potential of Carry Arrangements to facilitate collaboration between traditional energy players and renewable energy developers and accelerate the transition to a sustainable future. It will also examine the challenges and opportunities of applying Carry Arrangements in the renewable energy industry and provide recommendations for their successful implementation.
ISSN:1754-9957
1754-9965
DOI:10.1093/jwelb/jwad030