News & Analysis as of

Proposed Regulation Energy Storage

Ballard Spahr LLP

Treasury and IRS Propose Clean Electricity Investment Guidance

Ballard Spahr LLP on

The Treasury Department and IRS on Wednesday issued an eagerly awaited notice of proposed rulemaking to incentivize clean energy facilities: the “clean electricity production credit”—Section 45Y credit—and “clean electricity...more

Troutman Pepper

Treasury and IRS Issue Additional Domestic Content Guidance Under IRA and New Elective Safe Harbor

Troutman Pepper on

On May 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-41, which modifies Notice 2023-38 (Prior Guidance) by expanding the list of Applicable Projects (defined below) to...more

BakerHostetler

Overview of the Proposed Regulations for Advanced Manufacturing Credits Under Section 45X

BakerHostetler on

As covered in our prior alerts, the Inflation Reduction Act enacted new renewable energy credits, including an advanced manufacturing production credit under Section 45X that provides tax credits to domestic producers and...more

Eversheds Sutherland (US) LLP

Section 45V: Treasury and IRS issue guidance on the Clean Hydrogen Production Tax Credit

On December 26, 2023, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (Proposed Regulations) pertaining to the clean hydrogen production credit (Clean Hydrogen...more

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department and IRS Issue Proposed Regulations on the Energy Investment Tax Credit under Section 48 of the Internal...

The proposed regulations offer helpful guidance for taxpayers seeking to take advantage of the ITC under IRC section 48. The proposed regulations add new definitions to clarify the scope of recently added qualifying...more

King & Spalding

IRS and Treasury Issue Section 48 Investment Tax Credit Proposed Regulations

King & Spalding on

Section 48 of the Internal Revenue Code of 1986, as amended (the “Code”) provides for an investment tax credit (“ITC”) for certain energy property. The Inflation Reduction Act of 2022 (the “IRA”) amended Section 48 in several...more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code. Section...more

Foley & Lardner LLP

IRS Releases Long-Awaited Updates to Investment Tax Credit Regulations

Foley & Lardner LLP on

Late last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released the long-awaited proposed regulations (the “Proposed Regulations”) relating to investment tax credits under Section 48 of the Code...more

Williams Mullen

Virginia DEQ Issues Proposed Small Energy Storage Facilities Permit by Rule (PBR) Regulations for Comment

Williams Mullen on

On November 1, 2021, the Virginia Department of Environmental Quality (DEQ) issued proposed small energy storage facilities permit by rule regulations (Storage PBR Regulations). The proposed Storage PBR Regulations establish...more

White & Case LLP

Sustainability, Supply Chain Due Diligence and Batteries: EU Proposed Battery Regulation Modernisation

White & Case LLP on

As part of the EU Green Deal, existing EU legislation on batteries will be modernized so that all batteries on the EU market will be "sustainable, high-performing and safe all along their entire life cycle". This initiative...more

Williams Mullen

Virginia SCC Issues Proposed Energy Storage Regulations for Comment

Williams Mullen on

On September 11, 2020, the Virginia State Corporation Commission (the "Commission") issued an Order for Notice and Comment (the "Order") relating to the proposed regulations for the deployment of energy storage in Virginia...more

Wilson Sonsini Goodrich & Rosati

California Public Utilities Commission President Proposes Bold Changes to Self-Generation Incentive Program to Benefit Energy...

On May 16, 2016, California Public Utilities Commission (CPUC or Commission) President Michael Picker issued a proposed decision, "Re Revising the Self-Generation Incentive Program Pursuant to Senate Bill 861, Assembly Bill...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide