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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

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

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

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

Mayer Brown

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

Mayer Brown on

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

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

K&L Gates LLP

Carbon Quarterly – Volume 9

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...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

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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

Sheppard Mullin Richter & Hampton LLP

HyBuildTM North America Contracts Workstream Consumption Profiles Working Group Report

HyBuildTM North America Initiative - The Green Hydrogen Coalition’s HyBuildTM North America Initiative seeks to bring together key ecosystem stakeholders to plan and develop the competitive, high-volume supply chain...more

ASKramer Law

Q&A with Andie: Energy Tax Credits For A New World - Part I: Overview of Energy Tax Credits under the IRA

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Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy future. The IRA modifies and revises the...more

Troutman Pepper

Extending the Flexibility of Energy Storage With Julia Souder, LDESC — Battery + Storage Podcast

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In this episode of the Battery + Storage Podcast, host Bill Derasmo speaks with Julia Souder, CEO of the Long Duration Energy Storage Council (LDESC). Julia shares her creative background in the energy sector, which has...more

Allen Matkins

Renewable Energy Update 8.05.24

Allen Matkins on

According to the Department of the Interior, the Bureau of Land Management (BLM) is proceeding with nine solar projects on public lands to potentially power nearly 2 million homes with clean energy. Among the projects, the...more

Vinson & Elkins LLP

Why Energy-transition Innovators Need a Sound Patent Strategy — and How to Build One

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Recent investment in clean-energy technologies has been nothing short of extraordinary. Fueled in part by generous government incentives designed to accelerate the transition to a lower-carbon economy, clean-energy projects...more

Greenbaum, Rowe, Smith & Davis LLP

Garden State C-PACE Program Update: EDA Issues Updated Program Guidelines and Draft Supplemental Guidelines

On May 29, 2024, the New Jersey Economic Development Authority (EDA) posted updated program guidelines along with draft supplemental guidelines for the Garden State Commercial Property Assessed Clean Energy (C-PACE) program. ...more

K&L Gates LLP

BLM Signals Federal Land is Open for Renewables

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In May 2024, the Bureau of Land Management (BLM or the Agency) issued a final rule updating its renewable energy and right-of-way (ROW) policies. BLM is one of the largest landholders in the United States, with significant...more

Jones Day

IRS Issues Final Prevailing Wage and Apprenticeship Regulations for Clean Energy Tax Credits

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The Background: The Inflation Reduction Act ("IRA") created or enhanced various tax credits for qualifying renewable energy projects. However, a taxpayer loses 80% of otherwise-available IRA credits unless prevailing wage...more

Wilson Sonsini Goodrich & Rosati

Claiming Tech-Neutral Clean Electricity Production and Investment Tax Credits Under the Inflation Reduction Act

On May 29, 2024, the U.S. Department of the Treasury and the Internal Revenue Service released long anticipated Proposed Regulations regarding clean electricity production tax credits and clean electricity investment tax...more

Allen Matkins

Renewable Energy Update 7.01.24

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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

Troutman Pepper

Fueling Up: How to Make U.S. Clean Hydrogen Projects Happen

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We are pleased to announce the release of our latest whitepaper, Fueling Up: How to Make U.S. Clean Hydrogen Projects Happen. This comprehensive report explores the critical steps needed to unlock the potential of clean...more

Harris Beach PLLC

New York State Seeks Latest Round of Renewable Energy Projects to Fuel Climate Goals

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New York Gov. Kathy Hochul announced the state’s latest land-based renewable energy solicitation, continuing progress toward the state’s Climate Leadership and Community Protection Act goal to obtain 70 percent of New York’s...more

Foley Hoag LLP

Climate Law Matters Newsletter: Energy & Climate Newsletter - June 2024

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In This Issue: Battery and Energy Storage Systems - 2023 was a banner year for energy storage in the United States. Statistics reported by Wood Mackenzie show that in 2023 alone, energy storage deployment across all...more

Wilson Sonsini Goodrich & Rosati

Clean Energy and Climate Solutions Resources Roundup - June 2024

Wilson Sonsini is pleased to share the latest issue of Clean Energy and Climate Solutions Resources Roundup. In this issue, we cover - - updates to Wilson Sonsini's Clean Energy and Climate Solutions Federal Funding...more

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