The IRS released additional guidance on June 7, 2024, in the form of Notice 2024-48 (Notice) regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E of the Internal Revenue Code. The Notice follows...more
The local economies of many communities in the southwest are tied to the operations of large coal-fired power plants. As those plants start closing, the communities can face significant disruption in their local economies...more
World's Largest Coal Miner Coal India Bets on Solar, Eyes Further Mine Closures - "Pramod Agarwal said its joint venture with state-run NLC India Ltd plans to invest around 125 billion rupees ($1.73 billion) in solar...more
Asia's switch from coal to natural gas is driven by stricter emission standards, low natural gas prices, and more efficient new natural gas turbine technology. The overwhelming consensus seems to be that thermal coal is on...more
Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in Poland in the energy and legal industries to get his thoughts on the current energy climate. Radoslaw Wasiak is a...more
In a move that will have a significant impact on Pennsylvania's power producers, Governor Tom Wolf signed an executive order on October 3rd directing the state's Department of Environmental Protection (PADEP) to create...more
Analysts Say U.S. Coal Merger Not Anti-Competitive- "The proposed 'extraordinary' joint venture between U.S. coal majors Peabody Energy and Arch Coal will be structurally beneficial, rather than anti-competitive for U.S....more
Trump to Sign Order Seeking to Clear Gas Pipeline Hurdles - "The administration, which is pushing a policy it calls energy dominance, has been considering an order that would push back against states, including New York,...more
Romney Helps GOP Look for New Path on Climate Change - "But a group of Republicans -- Romney and Sens. Lamar Alexander and Lindsey Graham, who worked with Democrats in 2009 and 2010 to cap carbon emissions, as well as others...more
Trump Official Tells Coal Group He's 'an Advocate for the Coal Industry' "'The good news is I'm with the federal government and I'm here to help,' Doug Matheney, a special adviser in the Energy Department's Office of...more
Renewables sector welcomes Presidency’s support of renewables - The South African Renewable Energy Council (SAREC) has welcomed the Presidency’s clear support for the country’s Renewable Energy Independent Power...more
City of Cape Town launches waste-to-energy plant - South Africa’s City of Cape Town is now generating its own electricity through a waste-to-energy plant. While launching the ZAR400 million (US$30 million) plant...more