News & Analysis as of

Clean Energy

Morgan Lewis - Power & Pipes

DOE Initial Funding Awards to Two More Regional Hydrogen Hubs Supports Hydrogen Infrastructure Expansion

The US Department of Energy’s (DOE’s) Office of Clean Energy Demonstrations has announced initial funding awards for two additional regional clean hydrogen hubs, bringing the total number of regional hydrogen hubs with...more

Foley Hoag LLP - Energy & Climate Counsel

Massachusetts Permitting and Siting Reform is On the Way! What Does That Mean For Your Projects?

On November 20, 2024, Massachusetts Governor Maura Healey signed “An Act Promoting a Clean Energy Grid, Advancing Equity, and Protecting Ratepayers,” into law as Chapter 239 of the Acts of 2024. Among other things, the new...more

Hogan Lovells

Shaking up the Magic 8-Ball – What does the U.S. IRA Monetization Look Like in 2025?

Hogan Lovells on

First, a quick and brief reminder on the IRA and the monetization techniques. The IRA expanded upon existing energy tax credits (and other tax incentives) and introduced new ones. And critically, the IRA also brought to life...more

A&O Shearman

UK energy: the new National Future System Operator and Clean Power 2030

A&O Shearman on

The new UK Government has taken several recent steps in its mission to achieve security of supply of affordable clean energy. We discuss its autumn flurry of energy and infrastructure related announcements in our article New...more

A&O Shearman

New UK Government bets big on energy and infrastructure

A&O Shearman on

UK energy and infrastructure developments have been coming thick and fast as the new Government gets its feet under the table. With the Autumn Budget headlining a flurry of announcements on energy and infrastructure policy...more

Stoel Rives LLP

Treasury Issues Final ITC Regulations

Stoel Rives LLP on

The U.S. Department of the Treasury recently released final regulations (Final Regulations) regarding the investment tax credit (ITC) pursuant to Section 48 of the Internal Revenue Code.  These Final Regulations finalize...more

Foley Hoag LLP - Energy & Climate Counsel

A Boon for Biogas: Treasury’s Final Section 48 ITC Rules Resolve Key Concerns for Biogas and RNG Projects

On December 4, 2024, the Department of the Treasury finalized new rules governing the Section 48 Investment Tax Credit (“ITC”). The ITC applies to a broad range of clean energy projects, including biogas projects, which were...more

Foley Hoag LLP - Energy & Climate Counsel

Presidential Shakeup (Once Again) Presents Opportunity for State Climate Action

President Trump’s reelection sent shockwaves through the renewable energy community. With campaign pledges to dismantle Biden-era climate programs funded by the Inflation Reduction Act and the Bipartisan Infrastructure Law...more

Foley Hoag LLP - Energy & Climate Counsel

New York DPS Proposes Definitions for CLCPA’s 2040 “Zero Emissions” Mandate

On November 4, 2024, in the Public Service Commission (“PSC”)’s large-scale renewables and Clean Energy Standard docket (“Case 15-E-0302”), the New York State Department of Public Service (“DPS”) filed a document proposing...more

Snell & Wilmer

A New Chapter for Clean Energy: Final ITC Regulations Unveiled

Snell & Wilmer on

On December 4, 2024, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations (T.D. 10015) related to the energy credit under Section 48 of the Internal Revenue Code. These...more

Dorsey & Whitney LLP

Energy Law: Month in Review - November 2024

Dorsey & Whitney LLP on

Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month....more

Mintz - Energy & Sustainability Viewpoints

2024 Post-Election Analysis: Energy & Sustainability

In the month since the presidential election, some things are starting to become clearer though many questions remain....more

Mintz

The ‘Third Inning’ of the Energy Transition

Mintz on

How can companies and investors capitalize on the opportunities shaping the future of the clean energy industry?...more

Allen Matkins

Renewable Energy Update 12.5.24

Allen Matkins on

Utility-scale U.S. solar installations are set to continue record-breaking growth with over 32 GW installed in 2024, due in part to a requirement that modules imported during the anti-circumvention tariff moratorium be in...more

Goldberg Segalla

Surf’s up: Wave energy no longer confined to sports venues

Goldberg Segalla on

Can wave-energy be a green-power solution for coastal communities? That question may be at least partially answered in Newport, Oregon, a small seaside town cooperating with the U.S. Department of Energy in an attempt to...more

Stikeman Elliott LLP

Manitoba Announces New Affordable Energy Plan

Stikeman Elliott LLP on

The Manitoba Affordable Energy Plan will provide significant opportunities for clean power and EV projects, including opportunities for First Nations and Métis communities to have majority interests on new wind projects....more

Jones Day

Final Regulations Expand Access to "Direct Pay" Elections for Energy Credits

Jones Day on

The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations allowing tax-exempt entities that are partners in clean energy projects to elect to receive energy tax credits in cash....more

Mitchell, Williams, Selig, Gates & Woodyard,...

National Association of State Energy Officials': 2025 Bipartisan Energy Policy Recommendations Released

The National Association of State Energy Officials (“NASEO”) has released a document titled: 2025 Bipartisan Energy Policy Recommendations: America’s Competitive Advantage – Affordable and Abundant Clean Energy (“2025...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability M&A Activity — December 2024

November 18, 2024: Piedmont Lithium, a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and energy security, reached a definitive agreement to be acquired by Sayona...more

McDermott Will & Emery

Weekly IRS Roundup November 18 – November 22, 2024

McDermott Will & Emery on

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 18, 2024 – November 22, 2024. ...more

Verrill

Governor Healey Enacts Transformative Clean Energy and Economic Development Laws: Streamlined Permitting, Equity Protections, and...

Verrill on

On November 20, 2024, Governor Maura Healey signed the Massachusetts Leads Act, engrossing House Bill 5100 (the “MA Leads Act”), which, among many funding provisions, contains two changes that will significantly benefit...more

Hogan Lovells

Offshore Wind Worldwide: Regulatory framework in selected countries

Hogan Lovells on

“Halfway through 2023 and we find ourselves in gripping times as the offshore wind market further grows—within the ‘first’ home regions and beyond. Along with these developments, not the least "offshore wind auctions taking...more

White & Case LLP

The hydrogen promise: could a molecule shift hard-to-abate industries away from fossil fuels?

White & Case LLP on

In March 2023, a small plane took a 15-minute flight around an airfield in the US state of Washington. Despite the size of the aircraft and its brief time in the air, the flight was momentous: one of the plane's engines was...more

White & Case LLP

Voluntary carbon markets: will carbon credits soon become a crucial way to decarbonise?

White & Case LLP on

Purchasing carbon credits was once seen as a way for companies to sidestep genuine emissions reduction in their decarbonisation efforts. But that is changing as these products, and the way they are used, face growing...more

White & Case LLP

Battery energy storage systems: a complex but promising route to clean-energy transition

White & Case LLP on

For investors, excitement in the renewable energy landscape is palpable. Renewable energy capacity is being added to the world's energy systems at the fastest rate in two decades, prompting the International Energy Agency to...more

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