On December 8, 2021, US President Joe Biden signed an executive order that directs the federal government to become carbon neutral by 2050. Due to the procurement power of the federal government, this executive order aims to...more
On August 5, 2021, US President Joe Biden announced and signed an executive order that sets a new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid...more
On May 11, the Biden Administration approved the first major offshore wind project in US waters. The Vineyard Wind project, located approximately 12 nautical miles offshore Martha’s Vineyard, will consist of 800-megawatts and...more
Earlier this week, Michael Regan was confirmed as the head of the Environmental Protection Agency (EPA), winning US Senate approval by a 66–34 vote. Regan’s confirmation will serve as an asset to the Biden administration’s...more
On Wednesday, US President Joe Biden signed an Executive Order to create more resilient supply chains, with a special focus on supply chains affecting the US auto industry, including electric-vehicle batteries...more
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more
2/19/2021
/ Biden Administration ,
Climate Change ,
Energy Market ,
Energy Sector ,
Executive Orders ,
Investment Opportunities ,
Investment Tax Credits ,
Renewable Energy ,
Renewable Energy Investments ,
Solar Energy ,
Underserved Locations ,
Webinars
On February 3, 2021, Pete Buttigieg was sworn in as secretary of transportation after his nomination passed the US Senate 86-13. His confirmation means a likely boon for investment in US infrastructure, particularly for those...more
On January 27, 2021, US President Joe Biden signed a series of Executive Orders that aim to “confront the existential threat of climate change” in the United States, overseas and throughout the federal government while...more
1/28/2021
/ Biden Administration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Energy Sector ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
Infrastructure ,
Legislative Agendas ,
Regulatory Agenda ,
Renewable Energy ,
Transportation Industry
President Trump’s May 1, 2020 Executive Order prohibiting certain transactions involving bulk-power system electric equipment developed, manufactured or supplied by a foreign adversary could have far-reaching implications for...more
McDermott continues to provide the latest market updates on the disruption and uncertainty in the energy industry. President Trump’s May 1, 2020, executive order prohibiting certain transactions involving bulk-power system...more
5/20/2020
/ Bulk Purchasing ,
Department of Energy (DOE) ,
Due Diligence ,
Electricity ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Executive Orders ,
Foreign Adversaries ,
Investors ,
Manufacturers ,
Procurement Guidelines ,
Renewable Energy ,
Risk Mitigation ,
Suppliers ,
Tax Credits ,
Trump Administration ,
Utilities Sector ,
Webinars
President Trump’s May 1, 2020, Executive Order prohibiting certain transactions involving bulk-power system electric equipment developed, manufactured or supplied by a foreign adversary could have far-reaching implications...more