Overview of the federal Inflation Reduction Act -
The Inflation Reduction Act (IRA or Act), signed by President Biden on August 16, 2022, includes the largest Congressional investment in U.S. history to facilitate the...more
9/18/2023
/ Biden Administration ,
Eligibility ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The Biden administration has been announcing a new series of actions to address climate change, relying on executive power due to insufficient support in Congress. On July 27, 2022, however, Senators Charles Schumer (D-NY)...more
Nearly two years following hurricanes Irma and Maria, challenges remain as Puerto Rico seeks to develop a cleaner and more resilient power grid. In November 2018, we discussed the evolving renewable energy situation in Puerto...more
Over a year has elapsed since Hurricane Maria devastated the island of Puerto Rico, which, in addition to claiming thousands of lives, destroyed Puerto Rico’s electrical infrastructure. As discussed in prior postings, a...more
In the nine months since Hurricane Maria, substantial progress has occurred in bringing Puerto Rico’s power grid back online. Some consumers with access to solar microgrid systems regained power as soon as a few days after...more
7/13/2018
/ Critical Infrastructure Sectors ,
Energy Sector ,
Hurricane Maria ,
Natural Disasters ,
Power Grid ,
PREPA ,
Private Sector ,
Puerto Rico ,
Renewable Energy ,
Solar Energy ,
Storm Damage
As previously discussed, offshore wind is well-developed outside the United States. In Europe, the first offshore wind facility was installed in 1991, and a record 3,148 MW of capacity was added in 2017. In comparison, the...more
6/19/2018
/ BOEM ,
Construction Project ,
Customs and Border Protection ,
Energy Projects ,
EU ,
Farms ,
Governor Murphy ,
Jones Act ,
NEPA ,
Offshore Lease ,
Offshore Wind ,
Popular ,
Renewable Energy ,
Supply Chain ,
Trump Administration ,
Wind Power
In October 2017, Hurricane Maria swept through the Commonwealth of Puerto Rico decimating the island, taking hundreds of lives and demolishing infrastructure on an enormous scale. In the hurricane’s immediate aftermath,...more
2/14/2018
/ Critical Infrastructure Sectors ,
Economic Development ,
Energy Sector ,
Governor Rossello ,
Natural Disasters ,
Oil & Gas ,
Power Grid ,
PREPA ,
Puerto Rico ,
Renewable Energy ,
Severe Weather ,
Storm Damage ,
US Army Corps of Engineers ,
Utilities Sector
President Trump is spearheading a government-wide roll back of Obama Era climate initiatives. The president and his EPA Administrator, Scott Pruitt, have delivered a one-two punch. They both have denied the impact of human...more
8/14/2017
/ Bureau of Land Management ,
Clean Air Act ,
Clean Power Plan ,
Climate Action Plan ,
Climate Change ,
Coal ,
Department of the Interior ,
Deregulation ,
Energy Policy ,
Energy Sector ,
Environmental Policies ,
Executive Orders ,
Fossil Fuel ,
Greenhouse Gas Emissions ,
Keystone XL Pipeline ,
NEPA ,
Obama Administration ,
Paris Agreement ,
Renewable Energy ,
Renewable Portfolio Standards ,
Rollbacks ,
Trump Administration
Offshore wind projects have taken root in America. The country’s first operating offshore wind farm, in Block Island, Rhode Island, began contributing energy to the power grid in December 2016. Now, more than 23 offshore wind...more
Welcome to the EDGE Advisory: Distributed Energy Finance Report for May 2016. Technology, financing and market innovations are disrupting the energy markets and creating massive opportunities for deployment of distributed...more
New Jersey is poised to become a national leader in renewable energy by virtue of pending legislation that would substantially decrease the Garden State’s greenhouse-gas emissions through an ambitious Renewable Energy...more