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Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

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The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code. Section...more

Allen Matkins

Renewable Energy Update - December 2020

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U.S. Senate approves Allison Clements and Mark Christie for FERC - Bullet PV-Tech – December 2 - The U.S. Senate has approved two candidates for the Federal Energy Regulatory Commission (FERC) that were nominated by...more

Allen Matkins

Renewable Energy Update - July 2020

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House Democrats pass major clean energy bill as Senate GOP mulls timeline for economic stimulus - Bullet Utility Dive – July 2 - The House this Wednesday passed a $1.5 trillion green recovery package, the Moving Forward...more

Allen Matkins

Renewable Energy Update - October 2019 #4

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Focus - Renewable energy to expand by 50% in next five years - The Guardian – October 21 - Global supplies of renewable electricity are growing faster than expected and could expand by 50 percent in the next five years,...more

Kelley Drye & Warren LLP

PG&E Bankruptcy Judge to FERC: What Part of “Exclusive” Jurisdiction Do You Not Understand?

U.S. Bankruptcy Judge Dennis Montali recently ruled in the Chapter 11 case of Pacific Gas & Electric (“PG&E”) that the Federal Energy Regulatory Commission (“FERC”) has no jurisdiction to interfere with the ability of a...more

Jones Day

The Turf War Between the Bankruptcy Courts and FERC Escalates

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The recent chapter 11 filings by PG&E Corp. and its Pacific Gas & Electric Co. utility subsidiary (collectively, "PG&E") and FirstEnergy Solutions Corp. have reignited the debate over the power of a U.S. bankruptcy court to...more

Allen Matkins

Renewable Energy Update - August 2019 #3

Allen Matkins on

Focus - Could offshore wind turbines help power Vandenberg? A French company wants to find out - The Tribune – August 12 - Prospects for floating wind projects off California have been stalled for several years, largely...more

Allen Matkins

Renewable Energy Update - June 2019

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Focus - California has too much solar power. That might be good for ratepayers - Los Angeles Times – June 5 - California set two renewable energy records last week: the most solar power ever flowing on the state’s main...more

Blank Rome LLP

In PG&E Bankruptcy, FERC Reasserts Concurrent Jurisdiction over the Disposition of Wholesale Power Contracts

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With the May 1 order, the Commission reaffirms its view that it has concurrent jurisdiction over debtors’ efforts to reject their FERC-jurisdictional contracts in bankruptcy. Further developments in judicial proceedings in...more

Mintz - Energy & Sustainability Viewpoints

GDPR, CCPA, Blockchain and Renewable Energy: Policy Lagging Behind Technology

Blockchain technology, and its use as a distributed ledger system, has seen a dramatic uptick in commercial use in recent years. The renewable energy sector has followed that trend, applying blockchain technology to some of...more

King & Spalding

Nine Things to Watch For in the PG&E Bankruptcy

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On January 29th, PG&E Corporation and its regulated utility subsidiary, Pacific Gas and Electricity Company (collectively, “PG&E”), commenced bankruptcy cases in the Bankruptcy Court for the Northern District of California....more

K&L Gates LLP

FirstEnergy: Bankruptcy Court Asserts Primacy Over FERC; Approves Rejection of Power Purchase Agreements

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In a closely watched battle between FirstEnergy Solutions (“FirstEnergy”) and the Ohio Valley Energy Corporation (“OVEC”) that could have significant implications for the U.S. power sector, the U.S. Bankruptcy Court for the...more

Hogan Lovells

Is there light at the end of the tunnel?

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South Africa’s energy sector has been plagued with uncertainty recently, leaving South Africans in the dark as to where the country’s energy future is headed and what it will take to keep the lights on....more

Skadden, Arps, Slate, Meagher & Flom LLP

"Renewable Energy Project Warehouse Facilities Are on the Rise"

An important development in the financing of solar, wind and other renewable energy projects in 2015 was the use of a flexible investment and financing vehicle referred to as a “warehouse.” Akin to traditional warehouse...more

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