The domestic content bonus is one of the Inflation Reduction Act’s most powerful tax incentives, but so far is proving to be one of the most difficult to earn. The Treasury Department and IRS released Notice...more
On May 31, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service continued to churn out Inflation Reduction Act of 2022 (“IRA”)1 guidance by releasing Notice 2024-49 (the “Notice”) regarding the...more
On August 29, 2023, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed regulations (the “Proposed Regulations”) providing proposed rules governing the prevailing wage and...more
9/6/2023
/ Apprenticeships ,
Davis-Bacon Act ,
Energy Projects ,
Energy Sector ,
Federal Contractors ,
Good Faith ,
Inflation Reduction Act (IRA) ,
IRS ,
Labor Regulations ,
Prevailing Wages ,
Proposed Regulation ,
Recordkeeping Requirements ,
SAM ,
Tax Credits ,
U.S. Treasury ,
Wage Determinations (WDs)
Nuclear energy is experiencing a resurgence. As the world grapples with how best to address climate change, nuclear has found a seat at the table as a viable, zero-carbon energy source.
While the appetite in the U.S. for...more
It’s the largest climate legislation in US history, with many complex provisions. But let’s start with the big picture: A year on from the Inflation Reduction Act becoming law, is it living up to its promise?...more
8/17/2023
/ Clean Energy ,
Energy Projects ,
Energy Sector ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Renewable Energy ,
Tax Credits ,
Tax Exemptions ,
U.S. Treasury
In this presentation, we will discuss substantive updates and guidance released on IRA credits and monetization and provide a market update....more
Hydrogen can play a vital role in the transition to a carbon-neutral economy, and momentum for it has never been stronger. Both governments and companies see the enormous potential of low-carbon hydrogen for storing energy,...more
On July 27, 2022, Senators Manchin (D-WV) and Schumer (D-NY) debuted the Inflation Reduction Act of 2022, a piece of legislation that, if enacted, would be a historic investment in climate policy as well as a down payment on...more
8/2/2022
/ Clean Energy ,
Climate Change ,
Continuing Legal Education ,
Deficit Reduction ,
Energy Projects ,
Energy Sector ,
Environmental Policies ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Webinars
In this presentation, panelists will discuss recent developments in the U.S. offshore wind industry including recent progress and projects in the pipeline, challenges to development of U.S. offshore wind projects, key...more
7/13/2022
/ Clean Energy ,
Continuing Legal Education ,
Energy Projects ,
Energy Sector ,
Financing ,
Offshore Wind ,
Permits ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Webinars ,
Wind Power
The end of February was a very exciting time for the offshore wind power space.
In the three-day New York Bight auction conducted by the Bureau of Ocean Energy Management (“BOEM”) beginning on February 23, six companies...more
3/21/2022
/ BOEM ,
Coast Guard ,
Energy Projects ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
Environmental Site Assessment ,
Federal Aviation Administration (FAA) ,
Offshore Wind ,
Outer Continental Shelf Lands Act ,
Renewable Energy ,
Wind Power
Interest in the rainbow of different kinds of hydrogen has intensified, both in the United States and globally, in connection with the deployment of capital and government initiatives toward the energy transition.
In this...more
While snow in Texas may be a photo-worthy diversion, the freezing temperatures experienced by the state in February caused power systems to crash while demand was at its peak. Problems cut across all sectors, from fossil...more
President Biden has announced ambitious energy and environmental goals in an effort to combat the effects of climate change. Many of the president’s goals hinge on increasing support for alternative forms of energy...more