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Clean Energy

Jones Day

Navigating the Emerging Market for Green Energy Tax Credits

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The Inflation Reduction Act of 2022 (the "IRA")—President Biden's landmark climate change legislation—created or expanded tax credits for various renewable energy sources, including wind, solar, and hydropower, as well as for...more

Jones Day

What Does a New UK Government Mean for Climate Change?

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On July 4, 2024, the UK general election took place, and the Labour Party won with a significant majority. After 14 years of Conservative Party rule, a number of changes are now expected in respect of the UK's position on...more

Foley Hoag LLP - Energy & Climate Counsel

Massachusetts DPU Approves Utilities’ Electric Sector Modernization Plans

On August 29, 2024, the Massachusetts Department of Public Utilities (“DPU”) issued a highly anticipated order approving the Electric Sector Modernization Plans (“ESMPs”) filed by the three Massachusetts electric distribution...more

Foley & Lardner LLP

Foley Automotive Update - September 2024 - 2

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Analysis by Julie Dautermann, Competitive Intelligence Analyst - Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology. ...more

Vinson & Elkins LLP

Treasury Issues Proposed Regulations on Clean Electricity Low-Income Communities Bonus

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On August 30, 2024, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed regulations (the “Proposed Regulations”) providing additional guidance to taxpayers on the...more

Baker Botts L.L.P.

Proposed Regulations Regarding Section 48E Clean Electricity Low-Income Communities Bonus Credit Program

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On September 3, 2024, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) published proposed regulations relating to the Clean Electricity Low-Income Communities Bonus Credit Program (the...more

Paul Hastings LLP

The Net-Zero Industry Act

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In order to reach its “net-zero” goals, the European Union is continuing to build out a regulatory framework focused on scaling up the investment into the manufacturing and development of “net-zero technologies”. The latest...more

ASKramer Law

Energy Tax Credits for a New World Part VI: Energy Community Bonus Credits

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What is the purpose of the Energy Community Bonus Credit? The Inflation Reduction Act (IRA) introduced the Energy Community Bonus Credit to encourage renewable energy project developers to locate their facilities and energy...more

Bradley Arant Boult Cummings LLP

Shifting Risks in Renewable Energy

The renewable energy industry in the United States has entered a new era of (relative) policy predictability and unprecedented economic incentives. From a legal perspective, the only certainty in a renewable energy practice...more

Bennett Jones LLP

SaskPower Establishes Nuclear Subsidiary SaskNuclear

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SaskPower has created a nuclear subsidiary called SaskNuclear to advance the province’s small modular reactor (SMR) nuclear project from a business and regulatory standpoint. SaskPower is planning the development of its first...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - September 2024

In June 2024, the U.S. Department of the Treasury and IRS announced that U.S. consumers have saved more than $1 billion in upfront costs on their purchase of more than 150,000 clean vehicles since January 1, 2024, thanks to...more

Wilson Sonsini Goodrich & Rosati

Treasury and IRS Release Proposed Regulations for Low-Income Communities Bonus Program Under Section 48E

On August 30, 2024, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued a notice of proposed rulemaking (the Proposed Regulations) regarding the new clean electricity low-income...more

ASKramer Law

Energy Tax Credits For A New World Part V: Domestic Content Bonus Credits

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What is the purpose of the Domestic Content Bonus Credit? The Inflation Reduction Act (IRA) introduced the Domestic Content Bonus Credit to provide an additional credit amount to taxpayers that meet its requirements. The...more

Baker Donelson

Clean Energy Credits Under the Inflation Reduction Act: Credit Sales and Prevailing Wage Bonus

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The Internal Revenue Service (IRS) and the Department of the Treasury (DOT) released regulations on Section 6418 of the Internal Revenue Code of 1986, as amended (the Code), on July 1, 2024, concerning the transfer of certain...more

K&L Gates LLP

Brussels Regulatory Brief: Summer 2024

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Antitrust and Competition - The European Commission Opens an Investigation into Alleged Market Allocation and No-Poach Agreements in the Online Food Delivery Sector - On 23 July 2024, the Commission opened an antitrust...more

Baker Botts L.L.P.

P2N0 - Edition 15 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to the Edition 15 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more

Vinson & Elkins LLP

Update on Part II of the 29th Session of the Negotiations on Deep-Sea Mining Exploitation Regulations

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We have been following the International Seabed Authority (“ISA”) Council’s negotiations and drafting of the Exploitation Rules, Regulations and Procedures (“Exploitation RRPs”) for the deep seabed beyond national...more

Cadwalader, Wickersham & Taft LLP

Energy Tax Credit Sales Stay Fully Charged Despite Uncertain Road Ahead

The Inflation Reduction Act of 2022 (the “IRA”) allows firms to develop and sell clean energy tax credits.  Now that most of the key guidance has been finalized, here is everything you need to know about energy tax credit...more

Allen Matkins

Renewable Energy Update 8.29.24

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California will solicit up to 2 GW of long-duration energy storage resources as part of a 10.6 GW centralized procurement for emerging clean energy technologies to be deployed between 2031 and 2037, the California Public...more

Stoel Rives LLP

CAISO Interconnection Process Enhancements Face FERC Protest

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CAISO’s Interconnection Process Enhancements proposal faces protest at FERC from independent power producers, clean energy organizations, and renewable energy developers.  Challengers claim that CAISO’s scoring criteria...more

Mayer Brown

CPUC Authorizes Procurement of 10.6 GW of Clean Energy Resources Under AB 1373

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The California Public Utilities Commission (CPUC) issued a decision on August 22, 2024, authorizing the Department of Water Resources (DWR) to procure up to 10.6 gigawatts (GW) of clean energy resources, including up to 7.6...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Clean Energy Investing/Investing in America: American Clean Power August 2024 Report

American Clean Power (“ACP”) (a trade association) has issued an August 2024 Report titled: Clean Energy Investing in America. (“Report”). ...more

ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

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What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

Locke Lord LLP

If at First You Succeed, Try Try Again: BOEM Wastes No Time Queuing up Another Central Atlantic Lease Sale

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Fast on the heels of a small but successful sale of two leases off Delaware and Virginia, the Bureau of Ocean Energy Management (BOEM) has issued a Call for Information (“Call”) to kick off another round of leasing in the...more

Foley Hoag LLP - Energy & Climate Counsel

On the Front Burner: Energy Permitting Reform

Energy permitting reform is one of the hottest topics in Congress and state houses nationwide. Federal legislation is building momentum, while parallel efforts at streamlining energy approvals have also emerged at the state...more

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