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Offshore Wind Energy Storage

Allen Matkins

Renewable Energy Update 8.22.24

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California has given America a glimpse at what running one of the world’s largest economies on renewable energy might look like. The state recently hit a milestone: 100 days this year with 100% carbon-free, renewable...more

Allen Matkins

Renewable Energy Update 8.19.24

Allen Matkins on

Analyst Wood Mackenzie expects the U.S. community solar sector to add 7.3 GW of new capacity by 2029, which would push the total cumulative installed community solar capacity to above 14 GW, according to a recent report...more

Allen Matkins

Renewable Energy Update 7.25.24

Allen Matkins on

The California Public Utilities Commission (CPUC) on July 19 ramped up its support for offshore wind, with a proposal to fund the procurement of up to 7.6 GW. The proposal recommended launching three solicitation rounds for...more

Allen Matkins

Renewable Energy Update 7.18.24

Allen Matkins on

The California Energy Commission (CEC) has adopted a strategic plan that will guide the state’s development of offshore wind energy. The plan outlines analysis and strategies to deploy floating turbines off California’s...more

Allen Matkins

Renewable Energy Update 6.06.24

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California’s utilities regulator on May 30 adopted new rules for community solar projects, despite warnings from clean energy advocates that the move will undercut efforts to expand solar power options for lower-income...more

Allen Matkins

Renewable Energy Update 6.03.24

Allen Matkins on

The California Independent System Operator’s board on May 23 approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers. Transmission projects to access clean energy...more

Allen Matkins

Renewable Energy Update 5.23.24

Allen Matkins on

U.S. Rep. Jared Huffman, who represents California’s north coast, has sent a letter to federal regulators asking that they “urgently place” a senior official in the state to respond to tribal needs as wind power is developed...more

Allen Matkins

Renewable Energy Update 5.15.24

Allen Matkins on

The Federal Energy Regulatory Commission on Monday approved a long-awaited rule to make it easier to transmit renewable energy such as wind and solar power to the electric grid — a key part of President Joe Biden’s goal to...more

Allen Matkins

Renewable Energy Update 5.07.24

Allen Matkins on

Governor Gavin Newsom said on April 25 that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat...more

Nutter McClennen & Fish LLP

Real Estate Round Up: Environment & Energy Insights (May 2024)

We are pleased to introduce the inaugural issue of the Real Estate Round Up, a monthly update on current trends, with the first month focusing on Environment and Energy insights. This month’s edition features key topics such...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

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

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

Allen Matkins

Renewable Energy Update 2.15.24

Allen Matkins on

The California Independent System Operator (CAISO) last Thursday asked federal regulators for permission to cancel its annual interconnection study process for any interconnection requests submitted this year so it can deal...more

Spilman Thomas & Battle, PLLC

Challenges and Uncertainties Surrounding Offshore Wind

Renewable energy has become a major topic for governments and private companies alike. As the world attempts to pivot towards renewable energy, offshore wind has developed as a potential part of the solution but comes with...more

Allen Matkins

Renewable Energy Update 2.01.24

Allen Matkins on

The U.S. Bureau of Ocean Energy Management and the National Oceanic and Atmospheric Administration released final plans to protect endangered North American right whales, of which there are only about 360 left in the world....more

Allen Matkins

Renewable Energy Update 1.25.24

Allen Matkins on

The California Energy Commission (CEC) last Friday released a draft strategic plan for offshore wind development, which estimates a potential generation capacity of up to 59.6 GW off the state’s coast and lays out strategies...more

Allen Matkins

Renewable Energy Update 12.21.23

Allen Matkins on

The Bureau of Ocean Energy Management (BOEM) will be conducting a regional environmental review of potential development activities on the five offshore wind lease areas off California’s central and north coasts....more

Faegre Drinker Biddle & Reath LLP

Section 48 Investment Tax Credit for Offshore Wind and Energy Storage

The Department of the Treasury (DOT), through the Internal Revenue Service (IRS) and in consultation with the Department of Energy (DOE), released new draft guidance on Section 48 tax credits, as well as updated guidance in...more

Allen Matkins

Renewable Energy Update 12.04.23

Allen Matkins on

The U.S. Department of Energy (DOE) is proposing to ease environmental reviews for certain energy storage, solar, and rebuilt or upgraded transmission projects on federal land. Those types of projects — given their limited...more

A&O Shearman

Sustaining the Wind of Reform in the Philippines

A&O Shearman on

Although the Philippines has not yet made a formal net zero commitment or set any specific offshore wind (“OSW”) targets, there have been a series of actions beginning with the release of an offshore wind roadmap (“Roadmap”)...more

Allen Matkins

Renewable Energy Update 11.02.23

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President Joe Biden announced Monday a $1.3 billion federal investment to build three new interstate power lines in an effort to upgrade the nation’s outdated electric grid and transition to clean energy....more

Allen Matkins

Renewable Energy Update 10.26.23

Allen Matkins on

New York State announced this week what it is calling the largest state investment in renewable energy with the conditional awards including three of the country’s largest proposed offshore wind farms as well as 22 land-based...more

Allen Matkins

Renewable Energy Update 10.19.23

Allen Matkins on

The Biden administration is putting almost $3.5 billion into improving the strength and resiliency of the U.S. electric grid, government officials said on Wednesday. The money is coming from the Bipartisan Infrastructure Law,...more

Allen Matkins

Renewable Energy Update 10.17.23

Allen Matkins on

In recognition of the substantial effect that widespread use of electric vehicles (EVs) will have in reducing carbon emissions, the state and federal government have set ambitious goals to increase the number of EVs on the...more

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