Mitigating risk in the energy transition

4 June 2026

The global shift towards clean energy continues and investment is growing, although momentum varies across regions. In the US, policy uncertainty and market pressures are creating a more complex environment for infrastructure development. As governments, regulators and markets navigate the move towards cleaner energy sources, businesses are dealing with increased volatility and economic change, with implications for how risks are allocated. This transformation extends beyond the use of new technologies and raises complex questions around legacy assets, transition fuels, long‑term supply arrangements, financing models and the resilience of existing infrastructure.

Across Europe, diversification away from traditional gas supply has driven increased reliance on LNG, new terminal developments and long‑term offtake agreements, while creating challenges associated with under‑used or economically redundant legacy assets. In Asia-Pacific, offshore wind is expanding, but projects are facing political and economic pressure. Emerging markets in the Middle East are pursuing strategies focused on grid expansion, LNG exports, hydrogen, ammonia and critical minerals, highlighting the scale of capital deployment required and the importance of stable legal and regulatory frameworks.

Regulatory reform, ESG‑driven accountability and shifting policy priorities are directly influencing project bankability and investor protection. Informed legal analysis is critical to enabling capital to flow, managing risk and supporting the delivery of energy infrastructure at scale.

In this briefing, we discuss approaches to mitigating the inevitable risks which arise in the energy transition.

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