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ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

ASKramer Law on

What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

ASKramer Law

Q&A with Andie: Energy Tax Credits For A New World - Part I: Overview of Energy Tax Credits under the IRA

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Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy future. The IRA modifies and revises the...more

Baker Botts L.L.P.

P2N0 - Edition 14 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the fourteenth edition of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy...more

Stinson LLP

Minnesota Enacts Sweeping Energy Legislation with Implications for Permitting, Transmission, and Decarbonization

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Minnesota Governor Tim Walz recently signed into law sweeping energy legislation designed to ease permitting burdens on renewable energy development and address interconnection and transmission congestion in the state (the...more

Allen Matkins

Renewable Energy Update 5.07.24

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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

Allen Matkins

Renewable Energy Update 12.08.23

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New York released a new offshore wind solicitation last Thursday, seeking proposals for offshore wind and land-based renewable projects. The solicitations will support New York’s Climate Leadership and Community Protection...more

A&O Shearman

Understanding the energy transition in Central Asia and Caucasus

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Uzbekistan, Kazakhstan, Azerbaijan and Georgia have all set off on a journey of energy transition, but each of these countries is taking a path of its own, as Anton Konnov, Alexey Mareev and Arthur Minosyan explain....more

Allen Matkins

Renewable Energy Update 10.17.23

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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

Allen Matkins

Renewable Energy Update 10.06.23

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The California Independent System Operator (CAISO) is the strongest market in the U.S. when it comes to using energy storage for renewable integration, grid optimization, and electrification and decentralization, with a 43.7...more

Allen Matkins

Renewable Energy Update 8.11.23

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The U.S. saw roughly triple the amount of grid-scale battery storage installed in the second quarter of this year as it did in the preceding quarter, in megawatt terms, according to the latest Clean Power Quarterly report...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 7, Issue 7, July 2023

Domestic Nuclear Power Advancement: Barriers to Entry and the Need for a National Strategy - As previously reported on this site, nuclear generation development has taken hold as a potential promise for a long-term,...more

Allen Matkins

Renewable Energy Update - 6.23.23 #4

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The Biden administration on June 15 announced a proposed new rule that would aim to speed the development of renewable energy on public lands. The rule would cut fees for solar and wind development on public lands by 80%,...more

Pillsbury - Gravel2Gavel Construction & Real...

Microwave Transmission of Space-Based Solar Power: The Focus of New Attention

Scientists have long proposed that solar electricity generation in space could be an integral component of the world’s carbon-free future. In the 1970s, a U.S. Navy experiment showed that it might be possible to capture solar...more

Allen Matkins

Renewable Energy Update - 6.15.23 #3

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The U.S. solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening. According to a new report from Wood...more

Pullman & Comley, LLC

Putting the ‘Green’ in Renewable Energy at Cannabis Grow Facilities

Pullman & Comley, LLC on

Growing four pounds of marijuana at an indoor facility can consume as much electricity as  the average American home uses in a year. Cannabis growth is now responsible for 1% of all U.S. electricity consumption per year, and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 7, Issue 3, March 2023

Biden Races to Meet 2035 Climate Goal - “He didn’t provide new details of how the U.S. electric grid could be carbon-free by 2035, a top goal for the administration.” Why this is important: The Biden administration...more

Gould + Ratner LLP

Updates to Chicago Energy Transformation Code Address Climate Change

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In an effort to remain one of the leading major U.S. cities in environmental conservation, the City of Chicago passed the 2022 Chicago Energy Transformation Code, which amends the previous 2019 code. The amended code expands...more

Allen Matkins

Renewable Energy Update - 2.02.23 - #1

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Democratic lawmakers in California introduced a package of climate bills on Monday aimed at holding corporations accountable for their greenhouse gas emissions....more

White & Case LLP

There is no turning back for the global energy transition

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Ambitious net-zero targets will unquestionably be the biggest catalyst for M&A in the energy sector for years to come - The race is on to achieve carbon neutrality, and this is providing one of the biggest investment...more

Allen Matkins

Renewable Energy Update - December 2022 #3

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California utility regulators on Thursday approved major changes to the state’s booming rooftop solar market that they say will more evenly spread the cost of energy and help reduce the state’s reliance on fossil fuels in the...more

Foley Hoag LLP - Energy & Climate Counsel

Biden Announces New Initiative on “Game-Changing” Technologies for Achieving Net-Zero Emissions

On November 4, 2022, the White House announced a new initiative to support research and development projects on 37 “game-changing” technologies to advance the Biden Administration’s goal of net-zero emissions by 2050....more

White & Case LLP

Decarbonizing in a downturn: Can the mining & metals sector afford (not) to change?

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Softening commodity prices and economic headwinds may deter miners and metal companies from deploying the significant capital expenditure required to decarbonize....more

K&L Gates LLP

HUB Talks: Sustainable Outlook: The U.S. Tax Credit Revolution

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In a special episode, Elizabeth Crouse, tax lawyer and practice group coordinator of the K&L Gates Power group, discusses the winners, losers, and many other highlights of the new U.S. federal income tax credit rules just...more

Wiley Rein LLP

The Inflation Reduction Act Provides Potential Game-Changing Benefits for U.S. Solar Industry

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The U.S. Senate and House of Representatives have passed the Inflation Reduction Act of 2022 (the Act), which climate analysts have hailed as game-changing for the growth of solar power, and solar manufacturing, in the United...more

Allen Matkins

Renewable Energy Update - July 2022 #3

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Manchin, Schumer in surprise deal on health, energy, taxes - Associated Press – July 28 - Senate Majority Leader Chuck Schumer and Sen. Joe Manchin this week announced an expansive agreement, the Inflation Reduction Act of...more

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