Vidhya Prabhakaran

Vidhya Prabhakaran

Davis Wright Tremaine LLP

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California Governor Aims to Reduce Emissions 40 Percent Below 1990 Levels by 2030

In an Executive Order issued yesterday, California Governor Jerry Brown set “a new interim statewide greenhouse gas emission reduction target to reduce greenhouse gas emissions to 40 percent below 1990 levels by 2030 is...more

5/1/2015 - Agriculture Climate Change CPUC Drought Energy Sector Executive Orders Forestry Greenhouse Gas Emissions Jerry Brown Public Health Water Resources Control Board

Long-Awaited California Residential Rate Design Reform Proposed at California Public Utilities Commission

On April 21, two Administrative Law Judges at the California Public Utilities Commission issued a long-anticipated proposed decision on residential rate design reform for the 3 large investor-owned utilities (IOUs) in...more

4/28/2015 - CPUC Investor-Owned Utilities Utility Rates

California Air Resources Board-Commissioned Report Recommends Ways to Avoid Price Volatility in California’s Cap and Trade Market

Concerned about the potential for price volatility in its cap and trade program, the California Air Resources Board (CARB) commissioned the Market Simulation Group (MSG) at the University of California Energy Institute to...more

7/18/2014 - California Air Resources Board Cap-and-Trade Carbon Emissions Environmental Policies Greenhouse Gas Emissions

Small Solar Generators to Find It Easier to Connect to the Grid

Yesterday, the Federal Energy Regulatory Commission (FERC) unanimously approved a rule that would reduce existing hurdles for small solar generators attempting to connect to the electric grid, an especially helpful move in...more

11/25/2013 - FERC Power Grid Renewable Energy Solar Energy

Cap and Trade Auction Results Are In!

Every allowance that was offered in the auction was sold at a settlement price of $14.00 per allowance. The highest bid price was $50.01 with the mean bid price $16.67 and the median bid price $13.49. In total, the 2013...more

5/22/2013 - Auction Bids Cap-and-Trade

PTC Update: IRS Plans to Release Guidance on Applying the “Begun Construction” Test

According to Tax Notes Today, the IRS discussed its plans to release guidance on applying the “begun construction” test for the production tax credit (“PTC”) at the American Bar Association Section of Taxation meeting in...more

1/30/2013 - Begun Construction Test Production Tax Credit

Montana Bankruptcy Court Confirms Electricity Is a “Good” Under the Bankruptcy Code

The United States Bankruptcy Court for the District of Montana in connection with In re Southern Montana Electric Generation and Transmission Cooperative, Inc. held that electricity was a “good” for purposes of section...more

1/14/2013 - Electricity Goods Proof of Claims UCC

More Information About the Extension of the Production Tax Credit

The American Taxpayer Relief Act of 2012, which was passed by Congress to avoid the “fiscal cliff,” extends certain federal income tax benefits for renewable energy projects, including...more

1/4/2013 - American Taxpayer Relief Act Fiscal Cliff Investment Tax Credits Production Tax Credit Renewable Energy Wind Power

Production Tax Credit Extended For Another Year

More information about this later, but Congress has extended the Production Tax Credit (“PTC”) for wind as part of its agreement to avoid the fiscal cliff. The new sunset date for the PTC for wind is through December 31,...more

1/3/2013 - Fiscal Cliff Production Tax Credit Wind Power

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