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Energy Sector Guidance Update

Holland & Knight LLP

IRS Updates Energy Community Bonus Tax Credit Guidance

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The IRS released additional guidance on June 7, 2024, in the form of Notice 2024-48 (Notice) regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E of the Internal Revenue Code. The Notice follows...more

Holland & Knight LLP

IRS Updates and Expands Energy Community Bonus Tax Credit Guidance

Holland & Knight LLP on

The IRS released additional guidance on March 22, 2024, in the form of Notice 2024-30 (Notice) regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E of the Internal Revenue Code, which also is...more

Holland & Knight LLP

IRS Issues Updated Energy Community Bonus Guidance

Holland & Knight LLP on

The IRS on June 15, 2023, updated its energy community bonus guidance by issuing Notice 2023-45 and Notice 2023-47. The IRS also recently issued energy community bonus guidance in Notice 2023-29. (For a summary of Notice...more

Akin Gump Strauss Hauer & Feld LLP

Treasury Updates Guidance Issued Last Week on 'Energy Community' Tax Credit Adders

Summary - On April 4, 2023, the Department of the Treasury and the Internal Revenue Service (IRS) released guidance on the “energy community” tax credit adders (EC Adders) that were added under the Inflation Reduction Act...more

Morgan Lewis - Up & Atom

NRC Updates Guidance on Cybersecurity Programs for Nuclear Power Reactors

After 13 years, the Nuclear Regulatory Commission has issued revised guidance for cybersecurity programs for nuclear power reactors. All nuclear power reactor owners must review the NRC’s latest guidance and confirm their...more

Morgan Lewis - Up & Atom

NRC Issues Guidance Update to Cybersecurity Programs for Nuclear Power Reactors

The NRC held a public meeting on March 4 to discuss the issuance for public comment of draft regulatory guide (DG) DG-5061, Revision 1, Cyber Security Programs for Nuclear Power Reactors. DG-5061, Revision 1 would revise...more

Opportune LLP

Scrutiny Increasing On Energy Private Equity Valuation

Opportune LLP on

The valuation of private equity investments has recently garnered greater marketplace attention, and the SEC is updating its guidance on these valuations for the first time in 50 years. Managing Director Paul Legoudes and...more

Akin Gump Strauss Hauer & Feld LLP

EPA to States: Don’t Rock the Boat with Water Quality Certification Review

On June 7, 2019, the U.S. Environmental Protection Agency (EPA) issued updated guidance to “clarify and provide recommendations concerning the implementation of” Section 401 of the Clean Water Act (CWA), which could have...more

King & Spalding

Energy Newsletter - June 2019

King & Spalding on

Corporate Compliance Programs: DOJ Issues Updated Guidance: Ten Takeaways for In-House Legal and Compliance Leaders - On April 30, 2019, Assistant Attorney General Brian Benczkowski unveiled an update to the Department of...more

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

Hydroelectric Incentive Payment Requirements: U.S. Department of Energy Notice of Availability of Guidance

The United States Department of Energy (“DOE”) published a May 21st Federal Register Notice referencing the availability of updated guidance describing the hydroelectric incentive payment requirements. See 84 Fed. Reg. 23043....more

Stoel Rives LLP

IRS Updates “Beginning of Construction” Guidance

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The IRS today issued highly anticipated guidance updating the “beginning of construction” requirement for the production tax credit (PTC) under Section 45 of the Internal Revenue Code (the Code) and the investment tax credit...more

Davis Wright Tremaine LLP

FERC to Streamline Its Decisions on Rehearing

At its monthly public meeting earlier today, FERC announced the formation of a new Rehearings Group, under the direction of Office of the General Counsel attorney Robert Kennedy. This group will focus exclusively on drafting...more

McDermott Will & Emery

IRS Issues Additional Guidance on Beginning of Construction Rules for Renewable Projects

McDermott Will & Emery on

The Internal Revenue Service (IRS) issued Notice 2015-25 (Notice) on March 11, 2015, to provide further guidance on meeting the beginning of construction requirements for wind and other qualified facilities (biomass,...more

Perkins Coie

Additional Guidance for California Energy Commission Nonresidential Building Energy Use Disclosure Program

Perkins Coie on

The second phase of the California Energy Commission’s (CEC) Nonresidential Building Energy Use Disclosure Program takes effect on July 1, 2014 (the first phase took effect on January 1, 2014 and applies to nonresidential...more

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