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ASKramer Law

Energy Tax Credits for a New World Part VII: Low-Income Communities Bonus Credits

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What is the Low-Income Communities Bonus Credit? The Low-Income Communities Bonus Credit available through the Inflation Reduction Act of 2022 (IRA) is designed to increase the siting of, and access to renewable energy...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

Orrick, Herrington & Sutcliffe LLP

Orrick’s APAC Energy Pulse

The Asia-Pacific region has experienced some headwinds in the renewable energy sector (particularly offshore wind) in recent times. These headwinds take the form of, for example, higher devex and capex costs, inadequacy or...more

Orrick, Herrington & Sutcliffe LLP

APAC Energy Pulse

The Asia-Pacific region has experienced some headwinds in the renewable energy sector (particularly offshore wind) in recent times.  These headwinds take the form of, for example, higher devex and capex costs, inadequacy or...more

Pillsbury - Gravel2Gavel Construction & Real...

Developer Perspectives on Today’s Energy Storage Markets

In 2023, the world added an impressive 45 gigawatts/97 gigawatt-hours of energy storage capacity, nearly tripling year-on-year growth, with the majority driven by battery storage installations. The global energy storage...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

ASKramer Law

Energy Tax Credits For A New World Part III: Overview of Bonus Credits

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Why did the Inflation Reduction Act (IRA) reduce the base amounts of the energy tax credits? The IRA reduced base credit amounts from their pre-IRA levels to encourage energy projects to meet Congressional policy objectives....more

Allen Matkins

Renewable Energy Update 8.22.24

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California has given America a glimpse at what running one of the world’s largest economies on renewable energy might look like. The state recently hit a milestone: 100 days this year with 100% carbon-free, renewable...more

Perkins Coie

Full Speed Ahead—BOEM’s Offshore Wind Leasing Strategy Sailing Toward Full Implementation in 2024

Perkins Coie on

Notwithstanding supply chain challenges, canceled power purchase agreements, and general economic and political uncertainty, the Bureau of Ocean Energy Management (BOEM) has continued its push to implement its renewable...more

Locke Lord LLP

Wind in Our Sales: Decoding the ‎Central Atlantic Offshore Wind Auction Results

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On August 14, the Bureau of Ocean Energy Management (BOEM) held its long-awaited Central Atlantic lease sale, auctioning leases off Delaware and Virginia to Norwegian energy giant Equinor and utility Dominion Energy...more

Troutman Pepper

D.C. Circuit Finds That Interconnection Customers are Responsible for Network Upgrade Costs

Troutman Pepper on

On July 19, 2024, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) issued an Order denying Tenaska Clear Creek Wind, LLC’s (“Clear Creek”) challenges to FERC’s orders allowing the...more

Bennett Jones LLP

Clean Tech ITC Decoded: Benefits and Strategies for Canadian Businesses

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In the inaugural episode of Clean Incentives, hosts Brendan Sigalet and Derrick Osborne, alongside special guests Ashley White and Jason Roth, delve into the myriad of tax incentives available for businesses in Canada, with a...more

Allen Matkins

Renewable Energy Update 7.18.24

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The California Energy Commission (CEC) has adopted a strategic plan that will guide the state’s development of offshore wind energy. The plan outlines analysis and strategies to deploy floating turbines off California’s...more

Allen Matkins

Renewable Energy Update 7.11.24

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As California works toward its ambitious clean energy vision, an almost counterintuitive challenge has emerged: The state is, at times, generating more solar energy than it can handle. According to data from California’s...more

Orrick, Herrington & Sutcliffe LLP

Japan Renewables Alert 68

As July 19, 2024, the final date for the application period for the Round 3 offshore wind auctions pursuant to the Act on Promoting Utilization of Sea Areas in Development of Power Generation Facilities Using Maritime...more

McGuireWoods LLP

Final Sale Notice Announced for Wind Lease Areas Off Delaware/Maryland and Virginia

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After a lengthy process to identify potential offshore wind energy areas that originated in 2022, on June 28, 2024, the U.S. Department of the Interior announced the auction date for two offshore wind lease areas...more

Allen Matkins

Renewable Energy Update 7.01.24

Allen Matkins on

Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of...more

McDermott Will & Emery

BIMSCHG Amendment: Significant Simplifications for Onshore Wind Farms

McDermott Will & Emery on

The German Federal Parliament (Bundestag) adopted the reform of the Federal Emission Control Act (Bundes-Immissionsschutzgesetz – “BImSchG“) with the Acceleration Pact for Renewable Energies and Electrolyzers on June 6, 2024,...more

Gray Reed

Wind Farm Ejected from Osage Land

Gray Reed on

In United States v. Osage Wind LLC a federal court in Oklahoma awarded permanent injunctive relief against a developer in the form of ejectment of a wind turbine farm after finding a continuing trespass....more

Jones Day

Harnessing the Wind: The Growth of Offshore Wind Development Along the East Coast of the United States

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There are three offshore wind farms operational in the United States today: the Block Island Wind Farm, which commenced operation in 2016; the Coastal Virginia Offshore Wind project, which became operational in 2020; and most...more

A&O Shearman

Navigating the new elective safe harbor for the Domestic Content Bonus Tax Credit

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The U.S. Treasury Department and the Internal Revenue Service have issued a new safe harbor that will make it easier for U.S. solar, onshore wind and battery storage projects with U.S.-sourced components to qualify for...more

Stinson LLP

Minnesota Enacts Sweeping Energy Legislation with Implications for Permitting, Transmission, and Decarbonization

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Minnesota Governor Tim Walz recently signed into law sweeping energy legislation designed to ease permitting burdens on renewable energy development and address interconnection and transmission congestion in the state (the...more

Holland & Knight LLP

En Colombia, modifican cronograma de ronda eólica costa afuera

Holland & Knight LLP on

El Ministerio de Minas y Energía (MME), la Dirección General Marítima (DIMAR) y la Agencia Nacional de Hidrocarburos (ANH) de Colombia publicaron el 22 de mayo de 2024, la Adenda No. 2 a los pliegos del proceso competitivo de...more

Allen Matkins

Renewable Energy Update 5.23.24

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U.S. Rep. Jared Huffman, who represents California’s north coast, has sent a letter to federal regulators asking that they “urgently place” a senior official in the state to respond to tribal needs as wind power is developed...more

Morgan Lewis

Elective Safe Harbor Released for IRA Domestic Content Tax Credit ‘Adder’

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The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48,...more

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