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Offshore Wind

Akin Gump Strauss Hauer & Feld LLP
Climate Policy

This Week’s Climate Policy Update - April 2024 #2

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past two weeks and forthcoming climate-related events and...more

Allen Matkins

Renewable Energy Update 4.08.24

Allen Matkins on

The California Independent System Operator (CAISO) is proposing $6.1 billion in transmission projects, primarily to help deliver offshore wind to customers, according to a draft transmission plan released on April 1....more

Perkins Coie

CAISO Releases Ambitious 2023-2024 Transmission Plan To Address State’s Climate Goals

Perkins Coie on

California Independent System Operator (CAISO) released its draft 2023-2024 Transmission Plan (the 2023-2024 Plan) on April 1, 2024. As expected, the 2023-2024 Plan incorporates projections for significant new generation of...more

Locke Lord LLP

Update to Standing up to the Plaintiffs: Courts Scrutinize Pretextual Challenges to Offshore Wind

Locke Lord LLP on

UPDATE: A recent lawsuit against Dominion Energy’s approved Coastal Virginia Offshore Wind (CVOW) project off the coast of Virginia underscores our prediction in our March 8 QuickStudy that plaintiffs will craft their...more

White & Case LLP

Japan Offshore Wind Update – Round 2 Results & Round 3 Process

White & Case LLP on

The Japanese government released the results of the remaining "Round 2" offshore wind auctions. A consortium of Japanese and foreign developers was selected. Meanwhile, the next "Round 3" auctions are in progress....more

Downey Brand LLP

CAISO Proposes Transmission Links to North Coast Offshore Wind Resources

Downey Brand LLP on

In its 2023–2024 Draft Transmission Plan (Draft Plan) released on April 1, the California Independent System Operator (CAISO) proposed the development of 26 transmission projects with an estimated cost of $6.1 billion. The...more

Locke Lord LLP

Latest Energy Communities Guidance Buoys Offshore Wind, but Navigation Hazards ‎Remain

Locke Lord LLP on

On March 22, 2024, the IRS issued additional guidance (Notice 2024-30) on the energy communities provision of the Inflation Reduction Act. This latest guidance is narrowly focused on two topics: (1) expanding the “hook” by...more

Mayer Brown

Implementation Plan to Vietnam’s PDP8 Released

Mayer Brown on

Following the release of Vietnam’s eighth national power development plan (“PDP8”) in mid-2023, the Prime Minister has now approved the implementation plan to PDP8 under Decision No. 262/QD-TTg (“Decision 262”). As the name...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - April 2024

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Allen Matkins

Renewable Energy Update 3.28.24

Allen Matkins on

The U.S. Department of Treasury on March 22 issued guidance that further defined what qualifies as an “energy community” under the Inflation Reduction Act, clarifying where developers can site projects to qualify for the...more

Nossaman LLP

Advocacy Groups File Endangered Species Act Suit Against Virginia Offshore Wind Project

Nossaman LLP on

On March 18, three advocacy organizations and their members filed a lawsuit challenging an offshore wind project against the National Marine Fisheries Service (NMFS) and the Bureau of Ocean Energy Management (BOEM). The...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

Hinckley Allen

4 Takeaways from the 2024 Offshore Wind Conference

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The Environmental Business Council recently hosted its 11th Annual Offshore Wind Conference, where clean energy leaders including developers, consultants, and permitting attorneys from around the Northeast convened to...more

Foley Hoag LLP - Energy & Climate Counsel

New England Electricity Restructuring Roundtable Meeting Summary: Wholesale Markets and the Clean-Energy Transition

On March 22, 2024, Foley Hoag hosted the latest gathering of the New England Electricity Restructuring Roundtable. The Roundtable, which has been meeting regularly since 1995, was originally organized to contemplate the...more

Locke Lord LLP

BOEM Proposes to Go Another Round in ‎the Gulf of Mexico in ‎‎2024, ‎With Some Twists

Locke Lord LLP on

In the world of offshore wind, the Bureau of Ocean Energy Management’s (“BOEM”) Gulf of Mexico region is known for its independent streak. The proposed sale notice (PSN) for its second Gulf of Mexico wind sale in two years...more

Vinson & Elkins LLP

Treasury Updates its Energy Community Guidance

Vinson & Elkins LLP on

On March 22, 2024, the Internal Revenue Service (IRS) issued additional guidance in respect of the “Energy Community Bonus” in Notice 2024-30 (the “Notice”), which provides two key updates: (1) offshore wind farms have two...more

Allen Matkins

Renewable Energy Update 3.21.24

Allen Matkins on

The first commercial-scale offshore wind farm in the United States is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms. Danish wind energy developer Ørsted and the utility...more

Perkins Coie

Floating Offshore Wind in the Gulf of Maine—BOEM Announces Next Steps Toward Development

Perkins Coie on

The Bureau of Ocean Energy Management (BOEM) announced on March 18, 2024, the identification of a final Wind Energy Area (WEA) of 2,000,902 acres for commercial leasing and potential development of floating wind on the Outer...more

Locke Lord LLP

Survive and Advance: BOEM’s Gulf of Maine Leasing Process Makes It to the Next Round, but Can It Reach the Finals in 2024?

Locke Lord LLP on

Of the four lease sales the Bureau of Ocean Energy Management (BOEM) expects to hold this year, the Gulf of Maine is shaping up to be the Big Dance. With some of the strongest winds on the East Coast, the Gulf of Maine is...more

Foley Hoag LLP - Energy & Climate Counsel

BOEM Finalizes Wind Energy Area in the Gulf of Maine with Significant Floating Offshore Wind Potential

The U.S. Bureau of Ocean Energy Management (“BOEM”) recently announced the finalization of a Wind Energy Area (“WEA”) in the Gulf of Maine. According to BOEM’s press release, the Final WEA “has the potential to support...more

Nossaman LLP

New Jersey Federal Court Dismisses Challenge to Incidental Take Authorizations for Offshore Wind Projects

Nossaman LLP on

On February 29, 2024, the federal District Court for the District of New Jersey dismissed a challenge to eleven incidental take authorizations (ITAs) issued for offshore wind projects off the coasts of New York and New Jersey...more

Locke Lord LLP

Standing up to the Plaintiffs: Courts Scrutinize Pretextual Challenges to Offshore Wind

Locke Lord LLP on

Stop us if you’ve heard this one before: a group of local residents or businesses opposes a renewable energy project for aesthetic, economic, or ideological reasons. But when filing lawsuits challenging project approvals,...more

BCLP

Offshore Wind Projects: Contracts, Risks and Looking Forward

BCLP on

An article about offshore wind projects and some of the unique issues specific to the delivery of this type of project that are not typically addressed by existing standard form contracts. Originally published in PLC...more

Allen Matkins

Renewable Energy Update 3.07.24

Allen Matkins on

The U.S. Department of the Treasury and IRS have released final rules on Inflation Reduction Act provisions that aim to expand the reach of the clean energy tax credits. The Act created the new elective pay and...more

Tonkon Torp LLP

First Two Offshore Wind Energy Areas Selected Along Oregon Coast – Public Comment Open Now

Tonkon Torp LLP on

Since HB 3375 was enacted in 2021, Oregon has been focused on identifying key locations for the installation of floating wind turbines off of the coast of Oregon, with the goal of generating approximately three gigawatts of...more

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