The renewable energy and climate/clean technology sectors have witnessed substantial growth and investment in recent years, spurred by accelerating energy transition initiatives and financial incentives passed into law. As...more
President Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Tuesday, August 16, 2022. Among other things, the IRA expands the federal tax credits available to promote renewable energy and revises the...more
In its recently released 76-page report, required under President Biden’s Executive Order 14017, “America’s Supply Chains,” the US Department of Energy (DOE) finds that “[t]he opportunity for US global leadership on clean...more
On January 13, 2022, the US Department of Energy (DOE) issued a notice of intent regarding its Building a Better Grid Initiative (Initiative), an effort to encourage the modernization of the nation’s existing electric...more
3/29/2022
/ Biden Administration ,
Carbon Emissions ,
Climate Action Plan ,
Department of Energy (DOE) ,
Energy Policy ,
Energy Reform ,
Infrastructure ,
Infrastructure Investment and Jobs Act (IIJA) ,
Pollution Control ,
Power Grid ,
Regulatory Agenda ,
Rulemaking Process ,
Transmission Grid
The new year has only just begun, and it is already shaping up to be another exciting one for the energy transition. In the US and elsewhere, governments, traditional and non-traditional energy corporations, and investors are...more
3/11/2022
/ Biden Administration ,
BOEM ,
Economic Development ,
Electric Generation Suppliers ,
Energy Policy ,
Energy Projects ,
Environmental Impact Statements ,
Environmental Policies ,
Infrastructure ,
Offshore Wind ,
Renewable Energy ,
Wind Power
In November 2021, Illinois Governor JB Pritzker signed the Reimagining Electric Vehicles Act (the “REV Act”), which, together with the recently enacted Climate and Equitable Jobs Act, further incentivizes the production and...more
In September, Illinois Governor JB Pritzker signed the omnibus, 956-page climate and energy legislative package titled the Climate and Equitable Jobs Act (the “CEJA”). The CEJA has an immediate effective date. Following years...more
10/19/2021
/ Carbon Emissions ,
Clean Energy ,
Climate Action Plan ,
Electric Vehicles ,
Electricity ,
Energy Policy ,
Energy Projects ,
Infrastructure ,
New Legislation ,
Popular ,
Renewable Energy ,
Tax Credits
The Public Utility Commission of Texas (PUCT) has issued draft regulations to implement new electric weather-related requirements set forth in Texas Senate Bill 3 (SB 3), which was enacted in response to what the PUCT...more
8/31/2021
/ Comment Period ,
Electric Generation Suppliers ,
Electricity ,
Energy Policy ,
Energy Reform ,
Power Infrastructure ,
Public Hearing ,
Public Utilities Commission ,
Regulatory Agenda ,
Regulatory Requirements ,
Rulemaking Process ,
Severe Weather ,
Transmission Grid
On August 10, 2021, the US Senate voted to pass the Infrastructure Investment and Jobs Act (the “IIJA”). The IIJA would provide a total of $1.2 trillion in federal investment in infrastructure, including an unprecedented...more
When I think about transformations in the energy industry, I often think of the great inventor Thomas Edison, who was not only responsible for hundreds of important inventions but who also set the stage for a breakthrough...more
7/16/2021
/ Biden Administration ,
Carbon Capture and Sequestration ,
Charging Stations ,
Clean Energy ,
Climate Change ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Electric Vehicles ,
Green Deal ,
Hydrogen Power ,
Imports ,
Offshore Wind ,
Renewable Energy ,
Silica ,
Supply Chain ,
Tax Credits ,
Withhold Release Orders (WROs)
Section 30D of the US Internal Revenue Code (“IRC”) provides business and individual taxpayers that purchase new qualified plug-in electric drive motor vehicles (“EVs”), including passenger vehicles and light trucks, with a...more
On March 17, 2021, U.S. Senators Chris Coons (D-Del.) and Bill Cassidy, M.D. (R-La.) and U.S. Representatives Marc Veasey (D-Texas) and David McKinley (R-W.Va.) introduced the Storing CO2 And Lowering Emissions (SCALE) Act. ...more
3/19/2021
/ Carbon Capture and Sequestration ,
Energy Policy ,
Energy Reform ,
Federal Funding ,
Legislative Agendas ,
Oil & Gas ,
Power Infrastructure ,
Regulatory Agenda ,
Storage Contracts ,
Tax Credits ,
Underground Injection Wells
The energy industry continues to evolve as sectors converge and as demand, supply and consumer preferences change. The global economy is shifting to lower-carbon sources of energy, coinciding with (or resulting from) a...more
3/16/2021
/ Biofuel ,
Biomass ,
Carbon Capture and Sequestration ,
Clean Energy ,
Climate Change ,
Energy Policy ,
Energy Reform ,
Environmental Social & Governance (ESG) ,
Oil & Gas ,
Renewable Energy ,
Wind Power
North American development-stage projects interconnecting with Midcontinent Independent System Operator (“MISO”) member utilities may no longer rely on funds deposited for network upgrades being returned if the project...more
The second US stimulus bill, signed on December 27, 2020, (the “Relief Bill”) includes a number of measures relevant to the energy and power sectors, many of which have been the subject of considerable attention. (For...more
3/3/2021
/ Coronavirus/COVID-19 ,
Energy Policy ,
Energy Projects ,
Energy Tax Incentives ,
Financial Stimulus ,
Infectious Diseases ,
Infrastructure ,
Investment Tax Credits ,
Legislative Agendas ,
Relief Measures ,
Renewable Energy ,
Renewable Energy Incentives