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Cadwalader, Wickersham & Taft LLP

Treasury Finalizes Key Energy Tax Credit Guidance Amid a Dry January

Enacted in August 2022, the Inflation Reduction Act (the “IRA”) expanded energy tax credits by increasing credit amounts across the board and broadening eligibility criteria to include new technologies....more

Mayer Brown

Europe Daily News, 23 January 2025

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COMPETITION - Judgment of the Court of 23 January 2025 in Case C-577/23; European Commission Vs. Republic of Estonia...more

K&L Gates LLP

Department of the Treasury and the Internal Revenue Service Issue Final Regulations on Section 45V Clean Hydrogen Production Tax...

K&L Gates LLP on

On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final Rules) implementing the Section 45V Clean Hydrogen Production Tax Credit (Section 45V tax...more

Baker Donelson

ALTA Considers New Energy Project Endorsement

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The American Land Title Association (ALTA) is considering approval of a new Energy Project Endorsement for owner's and loan policies at its spring session. The endorsement (proposed as the ALTA 36.9) Energy Project – Minerals...more

White & Case LLP

Renewable Energy Certificates: Commodity Trading Instrument to Boost Indonesia's Renewable Energy Growth

White & Case LLP on

The Commodity Futures Trading Supervisory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – "Bappebti") has established a framework for the physical market trading of Renewable Energy Certificates ("RECs") through the...more

A&O Shearman

UK energy: the bones of the Government’s Clean Power 2030 Action Plan

A&O Shearman on

In our recent article, UK energy: the new National Future System Operator and Clean Power 2030, we flagged the need to wait and see what approaches the Government proposed to take to implement the Clean Power 2030 initiative....more

Troutman Pepper Locke

Treasury and IRS Issue Final Regulations on Clean Electricity Production and Investment Tax Credits

Troutman Pepper Locke on

On January 15, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) published final regulations providing further guidance on the clean electricity production credit under Section 45Y and the clean...more

McGuireWoods Consulting

Trump’s First-Day Executive Orders a Mixed Bag for Energy Sectors

In his first days in office, President Donald Trump issued several executive orders and presidential memoranda related to the energy industry. Some of the executive orders work to promote certain energy sectors, but others...more

McGuireWoods LLP

Trump Halts Offshore Wind Leasing and Federal Permitting for Wind Projects

McGuireWoods LLP on

In a memorandum issued Jan. 20, 2025, President Donald Trump halted federal offshore wind energy leasing and directed federal administrative agencies to cease the issuance and renewal of permits and approvals for onshore and...more

Akin Gump Strauss Hauer & Feld LLP

Unleashing Uncertainty: President Trump’s Federal Funding Freeze

On January 20, 2025, President Donald Trump signed the Unleashing American Energy Executive Order (“Energy EO”) and the Reevaluating and Realigning United States Foreign Aid Executive Order (“Foreign Aid EO”), both portend a...more

Akin Gump Strauss Hauer & Feld LLP

Early Assessment of the Effect of President Trump’s New Executive Orders on FERC Infrastructure Projects

On January 20, 2025, and throughout his first week in office, President Trump signed a series of executive orders (EOs) outlining his priorities for the domestic energy industry and setting forth policy preferences that...more

Morgan Lewis

Federal Agencies Ordered to Pause Spending of Inflation Reduction Act, Infrastructure Investment and Jobs Act Funds

Morgan Lewis on

President Donald Trump via an executive order titled Unleashing American Energy directed federal executive agencies to pause disbursement of funds appropriated by Biden-era energy, environmental, and infrastructure programs....more

Morgan Lewis

Executive Actions Signal Support for Fossil Energy and Scaling Back of Environmental Regulations

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On his first day in office, US President Donald Trump signed a number of executive orders and memoranda reversing many of his predecessor’s climate policies and launching a promised transformation of the nation’s...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, January 23, 2025

Cozen O'Connor on

Special Election Set for SD-35 Following Passing of Rep. Gergely State Rep. Matt Gergely - (D-Allegheny) passed away last weekend, leaving the state House once again tied 101-101. A special election will be held March 25 to...more

Venable LLP

Executive Orders Lay the Groundwork for Major Changes to Environmental and Natural Resources Law

Venable LLP on

As expected, the new Trump White House has issued a flurry of executive orders (EOs) which directly affect the federal government's policies on a broad range of environmental and natural resources issues....more

Cozen O'Connor

Republican AGs Want to Vaporize EPA Rule Imposing Methane Charges

Cozen O'Connor on

A group of 23 Republican AGs filed a petition for review in the U.S. Court of Appeals for the D.C. Circuit of the EPA’s Final Rule requiring charges on certain oil and gas producers exceeding Congressional methane emissions...more

Baker Botts L.L.P.

Powering Data Centers with Nuclear Energy: SC Utility Seeks Private Sector Investment

Baker Botts L.L.P. on

Santee Cooper’s recent announcement that it is seeking private-sector proposals to complete South Carolina’s long-stalled V.C. Summer Nuclear Station highlights the innovative solutions needed to meet the unprecedented power...more

Baker Botts L.L.P.

Battery Energy Storage Systems & Data Centers

Baker Botts L.L.P. on

Battery Energy Storage Systems (BESS) are becoming increasingly vital in the modernization of digital infrastructure, particularly for data centers. BESS are often used store energy generated from renewable sources like wind...more

Foley Hoag LLP - Energy & Climate Counsel

A Fossil-Forward U.S. Energy Policy Begins to Take Shape under Trump

President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...more

Vinson & Elkins LLP

[CLE Hybrid Event] A Year in Review: Discussing Vinson & Elkins’ 2024 Chemicals & Energy Antitrust Report - February 12th,...

Vinson & Elkins LLP on

Join us as Darren Tucker and Jason Powers discuss recent antitrust developments in the energy sector and what lies ahead for companies in 2025. Key topics include the incoming Trump administration’s approach to antitrust...more

Bennett Jones LLP

US President Executive Orders and Energy Development—A New Chapter in US Policy

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Executive orders issued by President Donald J. Trump during his first day in office signaled a sharp shift in US policy as may affect the development and use of energy resources in the United States—particularly oil, natural...more

Polsinelli

What President Trump’s Energy Plan Means for the State Regulatory Environment, the Generation Mix and Electric Transmission

Polsinelli on

Signaling the prioritization of energy, President Donald Trump declared a national energy emergency on inauguration day. He issued several Executive Orders (EO) and Presidential Memoranda either unwinding the Biden...more

Steptoe & Johnson PLLC

President Trump Signs Energy Executive Orders on Day One of Administration

Steptoe & Johnson PLLC on

On January 20, 2025, newly sworn-in President Donald Trump signed several executive orders related to energy policy. In the most comprehensive order, the administration declared a national energy emergency, the purpose of...more

Eversheds Sutherland (US) LLP

Expected flurry of executive actions leaves open questions for the energy tax credits under the IRA at the start of Trump’s second...

On January 20, 2025, Donald J. Trump was inaugurated as the 47th President of the United States. As expected, President Trump took several executive actions in his first hours in office. The discussion below considers the...more

Perkins Coie

President Trump Elevates Christie to FERC Chair

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Among his first actions on January 20, President Trump appointed Mark Christie as Chairman of the Federal Energy Regulatory Commission (FERC). Chairman Christie was confirmed as a FERC commissioner in 2020, near the beginning...more

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