One Planet One Team
Market Insights
What we advise clients on:
Decarbonize with Orrick
Decarbonization is the world’s most pressing challenge and most dynamic market.
Every company needs a strategy.
One Planet One Team
Market change is only accelerating – propelled by power demands from AI, EV charging and next-generation fuels, developing technologies, new market entrants, and evolving policy and regulation. It’s estimated that more than $2 trillion must be deployed globally to achieve net zero emissions by 2050.
Orrick deploys commercial solutions to help every kind of player in decarbonization and climate tech. Our 360-degree view of the market – developed over 20+ years of helping clients execute their decarbonization strategies – helps our clients understand the landscape, make connections, execute climate tech deals and manage risk.
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WHAT WE DO
California’s Resource Adequacy Reforms Are Here
JUL 2024 | 3 MIN READ
JUN 2024 | 2 MIN READ
Treasury and IRS Release Final Regulations on Prevailing Wage and Apprenticeship Requirements Under the IRA
APR 2024 | 2 HR READ
Orrick Energy Storage Update 2024: A Global Portrait of Surging Growth
MAY 2024 | 3 MIN READ
Prohibiting Russian Uranium Imports Act Unlocks $2.72 Billion for U.S. Uranium Market
MAR 2024 | 5 MIN READ
Driving Demand: Tax Credits Fuel Growth in Renewable Energy
APR 2024 | 7 MIN READ
Climate Change Litigation on the Rise in Europe
JUL 2024 | 5 MIN READ
California’s Resource Adequacy Reforms Are Here
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2024 Global Offshore Wind Report & Video Series
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3 Fortune 20 companies
250+ climate tech companies
3 of the 10 most active VCs in climate tech
60 of the top 100
70 independent power producers
Half of the top 50 renewables sponsors worldwide
6 of the top 10 energy majors
45 U.S. utilities
2 of the top 5
Most Responsible Companies on Newsweek’s 2024 list (as PPA counsel)
energy and infrastructure investors globally
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Your decarbonization strategy is unique to your business. We bring the power to shape and execute it and uncover the next opportunity.
One planet. One team. Decarbonize with Orrick.
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OFFSHORE
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IRA
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ENVIRONMENTAL SUSTAINABILITY @ORRICK
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STORAGE
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Blake Winburne
Teresa Hill
Zac Padgett
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Ashley Walter
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Blake Winburne
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Teresa Hill
Every kind of energy asset.
Our team works on every technology in the market, bringing experience in traditional assets (oil & gas, nuclear and transmission) that are transforming and re-emerging to meet the low-carbon future and applying that knowledge to rapidly emerging technologies. Our transactions volume enables us to provide our clients with state-of-the-market advice globally. Our Chambers Band 1 rankings across power, renewables, infrastructure and energy transition are a measure of our quality and market reputation.
Carbon solutions: CCUS, direct air capture, nature-based solutions
The electricity demand for data centers is projected to double by the end of this decade, consuming as much as 9 percent of the total U.S. electricity production (Electric Power Research Institute, 2024).
Renewable energy: Top 3 globally (inspiratia, 2023)
Storage – Top 3
Geothermal
Wind – Top 3
Alternative fuels/sustainable aviation fuels (SAF): hydrogen and derivatives, renewable natural gas, other biofuels
Transforming traditional technologies: nuclear, transmission
Sustainable infrastructure: mobility, EV charging, data centers
We partner with a world leader in AI in achieving its net zero targets – the most ambitious in the market. We’ve helped this client negotiate renewable power purchase agreements that support data centers in 14 countries – including the largest-ever single corporate power purchase agreement for 10.5+ GW.
We’ve repeatedly broken new ground for this client and others, including negotiating the first cross-border, 24/7 carbon-free PPA for a data center and an agreement that paves the way for the restart of the Three Mile Island Unit 1 nuclear facility.
Sustainable AI.
Our team works on every technology in the market, bringing experience in traditional assets (oil & gas, nuclear and transmission) that are transforming and re-emerging to meet the low carbon future and applying that knowledge to rapidly emerging technologies. Our transactions volume enables us to provide our clients with state-of-the-market advice globally. Our Chambers Band 1 rankings across power, renewables, infrastructure and energy transition are a measure of our quality and market reputation.
Every kind of energy asset.
Corporate power purchases.
We advise corporate buyers, from first-time participants to the most active buyers, on first-of-a-kind PPAs for wind, solar and other carbon-free technologies – and even have experience with fusion and fission.
The Clean Energy Buyers Association (CEBA), the largest industry association of its kind, turns to our team as faculty for their PPA boot camps.
Asia
North America
Globally
No. 1 for PPAs (inspiratia, 2023)
Geothermal
Wind – Top 3
Storage – Top 3
Renewable energy: Top 3 globally (inspiratia, 2023)
Every kind of energy asset.
Our team works on every technology in the market, bringing experience in traditional assets (oil & gas, nuclear and transmission) that are transforming and re-emerging to meet the low carbon future and applying that knowledge to rapidly emerging technologies. Our transactions volume enables us to provide our clients with state-of-the-market advice globally. Our Chambers Band 1 rankings across power, renewables, infrastructure and energy transition are a measure of our quality and market reputation.
We advise corporate buyers, from first-time participants to the most active buyers, on first-of-kind PPAs for wind, solar and other carbon-free technologies – and even have experience with fusion and fission.
The Clean Energy Buyers Association (CEBA), the largest industry association of its kind, turns to our team as faculty for their PPA boot camps.
Our team works on every technology in the market, bringing experience in traditional assets (oil & gas, nuclear and transmission) that are transforming and re-emerging to meet the low carbon future and applying that knowledge to rapidly emerging technologies. Our transactions volume enables us to provide our clients with state-of-the-market advice globally. Our Chambers Band 1 rankings across power, renewables, infrastructure and energy transition are a measure of our quality and market reputation.
Every kind of energy asset.
No. 1 in Energy Venture Capital (Pitchbook, 2023)
We offer the climate tech ecosystem unmatched experience driving the success of both venture-backed companies and innovative energy projects.
We are as fluent in cap tables and term sheet negotiation as we are in PPAs, project finance and tax credits – and we have a valuable network of tech and energy resources.
Our team counsels hundreds of innovators and investors across verticals such as climate tech, clean tech, hydrogen, carbon capture, biogas and renewable fuels and mobility and EV charging.
We help startups secure nondilutive financing from sources like the Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware Public Benefit Corporations.
We offer the climate tech ecosystem unmatched experience driving the success of both venture-backed companies and innovative energy projects.
We are as fluent in cap tables and term sheet negotiation as we are in PPAs, project finance and tax credits – and we have a valuable network of tech and energy resources.
Our team counsels hundreds of innovators and investors across verticals such as climate tech, clean tech, hydrogen, carbon capture, biogas and renewable fuels and mobility and EV charging.
We help startups secure nondilutive financing from sources like the Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware Public Benefit Corporations.
We are as fluent in cap tables and term sheet negotiation as we are in PPAs, project finance and tax credits – and we have a valuable network of tech and energy resources.
Our team counsels hundreds of innovators and investors across verticals such as climate tech, clean tech, hydrogen, carbon capture, biogas and renewable fuels and mobility and EV charging.
We help startups secure nondilutive financing from sources like the Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware Public Benefit Corporations.
Our team counsels hundreds of innovators and investors across verticals such as climate tech, clean tech, hydrogen, carbon capture, biogas and renewable fuels and mobility and EV charging.
We help startups secure nondilutive financing from sources like the Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware Public Benefit Corporations.
We help startups secure nondilutive financing from sources like the Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware Public Benefit Corporations.
No. 1 in Energy Venture Capital (PitchBook, 2023)
Scaling climate tech companies.
We offer the climate tech ecosystem unmatched experience driving the success of both venture-backed companies and innovative energy projects.
We are as fluent in cap tables and term sheet negotiation as we are in PPAs, project finance and tax credits – and we have a valuable network of tech and energy resources.
Our team counsels hundreds of innovators and investors across verticals such as climate tech, clean tech, hydrogen, carbon capture, biogas and renewable fuels, and mobility and EV charging.
We help startups secure nondilutive financing from sources like the U.S. Department of Energy to research, develop and scale nascent technologies and cross the bridge to bankability.
We have also helped dozens of companies register and operate as B Corps and Delaware public benefit corporations.
Supply chain decarbonization.
Tax strategy.
Efficient reporting.
Global reach.
Our global platform enables us to help our clients transfer innovations from one market to the next. For example, we’re one of the few law firms working on offshore wind projects across Europe, Asia and the United States. In Europe alone, we’ve advised on 115+ offshore wind projects and closed $20B+ in deals since 2019 across the UK, France, Italy, Germany, Estonia and Latvia, and we’re working on some of the most innovative renewables projects in France.
The IRA’s transferability provisions also open the door for many other entities to make tax-advantaged investments that further renewable projects. We’ve helped dozens of Fortune 500 companies take advantage of these opportunities to significantly reduce their tax burden and directly finance renewables.
Our Singapore and Tokyo teams are helping clients lead the energy transition across Asia, drawing on our global knowledge in renewables, PPAs and carbon removal. Across India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan and Vietnam, we have worked on some of the first renewables PPAs, including to support data centers.
Our team helps clients navigate and reconcile the fast-changing and sometimes disjointed reporting requirements of all kinds of decarbonization strategies and offers an efficient data analytics solution.
Clients across sectors turn to our team: we’ve helped a coffee company lower the carbon footprint of the dairy in its venti lattes, a clothing manufacturer reduce the emissions from shipping sweatpants, and a gaming company plant trees in Brazil and Panama to capture carbon from the air.
We are working on the cutting edge of carbon markets – including advising on the largest procurement of carbon removal credits to date and landmark reforestation deals.
Our team is at the forefront of helping energy and non-energy players alike leverage new tax regulations and incentives. For example, we advised on the first standalone battery storage tax equity financings under the Inflation Reduction Act (IRA).
Your decarbonization strategy is unique to your business. We bring the power to shape and execute it and uncover the next opportunity.
Solar
Geothermal