Wind Power Geothermal Energy

News & Analysis as of

New Report on Renewable Energy as an Airport Revenue Source

The Airport Cooperative Research Program (ACRP) has recently published a guidebook on Renewable Energy as an Airport Revenue Source. The link to the guidebook on the ACRP website is here. Foley partner David Bannard is a...more

Senate Finance Committee Approves Energy Tax Provisions—LNG Is A Winner

On July 21, the Senate Finance Committee approved by a vote of 23 to 3 a bipartisan tax bill to renew for two years more than 50 expiring and expired tax provisions known as “tax extenders.” The provisions that are being...more

Renewable Energy Update - July 2015 #3

Renewable Energy Focus - Senate committee backs PTC extension: ReNews - Jul 22: A U.S. Senate committee has voted to extend more than 50 tax policies, including production and investment tax credits that incentivize wind...more

Hawaii Sets 100% Renewable Energy Goal and Opens the Door to Community Solar

Electricity on the island state of Hawaii will come 100% from renewable resources by 2045, pursuant to new legislation. The plan will end Hawaii’s current reliance on imported fuel oil which Governor Ige has said currently...more

Mexico’s Energy Revolution Series: A Liberalized Electricity Sector - April 2015

In This Issue: - Introduction - A Revamped Institutional Architecture - New Makeup of the Electricity Supply Chain .. Generation .. T&D Network .. Retailing - A note of...more

IRS Extends Continuous Construction/Continuous Efforts Safe Harbors for Production Tax Credit/Investment Tax Credit Qualification

Production tax credits (“PTCs”) are available for wind, biomass, geothermal, landfill gas, trash, hydropower, and marine and hydrokinetic facilities, if construction of the facility began before January 1, 2015....more

Renewable Energy Update - February 2015

Renewable Energy Focus: Obama budget aims to make solar and wind incentives permanent - PV Magazine - Feb 2: President Obama just unveiled a $3.99 trillion budget for 2016 that asks Congress for a permanent...more

Production Tax Credit Extended for Renewable Projects Beginning Construction in 2014

On December 19, 2014, President Obama signed into law the Tax Increase Prevention Act of 2014 (H.R. 5771). H.R. 5771 includes a retroactive one-year extension of the section 45 renewable electricity production tax credit...more

California Desert Renewable Energy Conservation Plan Aims to Provide Certainty for Renewable Developers: Draft Released

On September 23, 2014, the U.S Department of Interior and the State of California released a draft Desert Renewable Energy Conservation Plan (“DRECP”), which covers over 22 million acres in Imperial, Inyo, Kern, Los Angeles,...more

Renewable Energy Update -- August 2014 #5

Renewable Energy Focus - Los Angeles' city-owned electric utility raises its energy efficiency ambitions: Energy Collective - Aug 13: The five-member Board of the Los Angeles Department of Water and Power (LADWP) has...more

IRS Releases New Guidance on Beginning of Construction

The IRS recently released Notice 2014-46 (the Notice) which provides welcome guidance to tax equity investors and developers on the construction of wind, geothermal, biomass, landfill gas and certain hydropower and marine...more

IRS Issues Additional Guidance with Respect to 2013 Beginning of Construction Rules for Wind and Other Renewable Projects

The Internal Revenue Service (Service) issued Notice 2014-46 (Notice) on August 8, 2014, to provide further guidance on meeting the beginning of construction requirements for wind and other qualified facilities (biomass,...more

Renewable Energy Update -- August 2014 #2

Renewable Energy Focus - Renewables provide 56 percent of new U.S. generating capacity in first half of 2014: Electric Light & Power - Jul 21: Solar, wind, biomass, geothermal, and hydropower provided 55.7 percent of...more

Renewable Energy Update -- June 2014 #2

Renewable Energy Focus - Warren Buffett plans to double Berkshire Hathaway’s investment in renewable energy: PV Tech - Jun 24: Berkshire Hathaway, Inc. CEO Warren Buffett certainly made his presence felt at the Edison...more

Renewable Energy Update -- June 2014

Renewable Energy Focus: The EPA’s new carbon rules could be a major boost to renewable energy - Greentech Media - Jun 2: The EPA’s new carbon rule could grow renewable capacity by an additional 70 percent in the next...more

Renewable Energy Update -- May 2014

Renewable Energy Focus: California’s net zero energy building to reshape U.S. construction industry - Alternative Energy News - Apr 15: California’s recent revisions to Title 24 put in place ambitious performance...more

The Renewable Energy Sector’s New Frontier: Latin America And The Caribbean

While most jurisdictions within Latin America and the Caribbean base their core electric generation asset portfolio on fossil fuels, renewable energy technologies are now changing the regional energy landscape. Now, wind,...more

Renewable Energy Update -- December 3, 2013

Renewable Energy Focus - Renewable energy to the rescue for California's Salton Sea: SustainableBusiness.com - Nov 27 - Geothermal energy is coming to the rescue of California's Salton Sea while also giving a huge boost...more

Polsinelli Podcast - Hot Energy Trends in 2014 by Polsinelli  [Video]

Whether you are operating a coal mine or looking to invest in Wind Energy, the utility and energy industries are always evolving. Polsinelli's Energy law practice is one of the leading practices of its kind in the Midwest....more

Renewable Energy Update -- October 18, 2013.

Renewable Energy Focus -- 3 models that could help utilities make money from solar power - Green Tech Solar News - Sep 30: Much like tech companies of the 1990s, utilities face an “unavoidable shift” and don’t have any...more

Renewable Energy Update -- October 14, 2013.

Renewable Energy Focus -- Movin' and shakin': geothermal projects face a rocky road: Renewable Energy World - Sep 30 - Geothermal energy, one of the "forgotten renewables," powers 4,419 megawatts, or just more than 1...more

IRS Clarifies Guidance on Beginning Construction of a Qualified Energy Facility for Production Tax Credit and Investment Tax...

A qualified facility is eligible to receive a renewable electricity production tax credit (PTC) or an energy investment tax credit (ITC) in lieu of the PTC if construction of the facility begins before January 1, 2014....more

IRS Releases New Guidance on Beginning of Construction - 23 September 2013

Production tax credits ("PTCs") are available for wind, biomass, geothermal, landfill gas, trash, hydropower, and marine and hydrokinetic facilities, if construction of the facility begins before January 1, 2014....more

Renewable Energy Update - August 14, 2013

The wind industry gets its groove back GreenTech Media Headlines - Aug 7 Money is flowing back into wind after a first quarter hiatus stemming from policy uncertainty. The $210 million in venture capital investments...more

Renewable Energy Update -- August 1, 2013

Renewable Energy Focus - Renewables outpace coal, oil, and nuclear energy in U.S.: REVE Wind News - Jul 20 -- Renewable energy sources, including wind energy, solar power, biomass, hydro, and geothermal energy,...more

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