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
On International Women’s Day, US President Joe Biden signed an Executive Order establishing the White House Gender Policy Council. The council, which was formerly called the White House Council on Women and Girls under the...more
On Tuesday, US National Climate Advisor Gina McCarthy publicly underscored President Joe Biden’s commitment to supporting the electric vehicle (EV) industry and other industries aimed at tackling the climate crisis. She noted...more
Today, Jennifer Granholm was confirmed as secretary of energy, winning US Senate approval by a 64–35 vote. Granholm’s confirmation serves as another boost to President Joe Biden’s plan to tackle climate change and develop...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
Many stakeholders have called for the United States to adopt a carbon tax. Such a tax could raise billions of dollars in annual revenue while simultaneously reducing greenhouse gas emissions. Several carbon tax proposals were...more
2/12/2021
/ Biden Administration ,
Carbon Emissions ,
Carbon Taxes ,
Charging Stations ,
Clean Air Act ,
Climate Change ,
Department of Energy (DOE) ,
Department of Environmental Protection ,
Fossil Fuel ,
Methane ,
New Legislation ,
Renewable Energy
The US House of Representatives Committee on Ways and Means has reintroduced the Growing Renewable Energy and Efficiency Now (GREEN) Act, which aims to extend tax credits for renewable energy and carbon capture projects. If...more
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
Under US President Joe Biden’s recent climate change Executive Orders, the Biden-Harris Administration set US offshore wind plans in motion and set a goal of doubling US offshore wind leases in federal waters by 2030....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
McDermott continues its dialogue with renewable industry leaders to provide the latest market updates on the disruption, challenges and opportunities COVID-19 presents to the industry. This week, we focused on the energy...more
6/1/2020
/ Acquisitions ,
Business Disruption ,
Business Opportunities ,
Business Strategies ,
Coronavirus/COVID-19 ,
Energy Market ,
Energy Sector ,
Energy Storage ,
Mergers ,
Renewable Energy ,
Risk Mitigation ,
Supply Chain ,
Webinars
McDermott continues its dialogue with renewable industry leaders to provide the latest market updates on the disruption, challenges and opportunities COVID-19 presents to the industry.
On May 28, the McDermott team will...more
5/27/2020
/ Acquisitions ,
Business Disruption ,
Business Opportunities ,
Business Strategies ,
Coronavirus/COVID-19 ,
Energy Market ,
Energy Sector ,
Energy Storage ,
Mergers ,
Renewable Energy ,
Risk Mitigation ,
Supply Chain ,
Webinars
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
Renewable energy project developers utilizing federal tax credits will likely get more time to complete work on projects. While more formal guidance is forthcoming, the renewables industry may see an extension of the safe...more
As the COVID-19 crisis continues to affect every corner of the economy, McDermott continues to interact with industry leaders to provide the latest market updates on the severe disruption and uncertainty brought on the...more
4/7/2020
/ Contract Terms ,
Coronavirus/COVID-19 ,
Energy Projects ,
Energy Sector ,
Popular ,
Project Finance ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Tax Equity ,
Tax Rates ,
Webinars ,
Wind Power
The Coronavirus (COVID-19) pandemic has severely disrupted the wind market’s supply chain and labor resources, resulting in significant project delay risk. This legal and commercial checklist is a comprehensive practitioner’s...more
4/1/2020
/ Banks ,
Borrowers ,
Compliance ,
Contract Terms ,
Coronavirus/COVID-19 ,
Default Rights ,
Energy Projects ,
Energy Sector ,
Fund Sponsors ,
Investment Funds ,
Popular ,
Project Finance ,
Project Modification ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Stakeholder Engagement ,
Supply Chain ,
Tax Equity ,
Tax Rates ,
Wind Power
COVID-19’s rapid spread has brought severe disruption and uncertainty to the supply chain for wind, solar and energy storage, as well as the project finance market. While the speed and complexity of COVID-19 make it...more