Energy investors should take note of two recent orders from the Federal Energy Regulatory Commission (“FERC”). With these orders, FERC ruled for the first time that an entity that appoints a director to the board of a FERC-regulated “public
The New Jersey Board of Public Utilities (NJBPU) announced that its third solicitation with a capacity target of 1,200 megawatts for New Jersey’s offshore wind (OSW) development will now be released by January 2023, instead of the previously announced September
In its recently released 76-page report, required under President Biden’s Executive Order 14017, “America’s Supply Chains,” the US Department of Energy (DOE) finds that “[t]he opportunity for US global leadership on clean energy is enormous” but the related “challenges
On January 13, 2022, the US Department of Energy (DOE) issued a notice of intent regarding its Building a Better Grid Initiative (Initiative), an effort to encourage the modernization of the nation’s existing electric transmission grid. The Initiative is the
Allocations of $615 million in funds for electric vehicle (EV) infrastructure in the US under the National Electric Vehicle Infrastructure Formula Program moved forward with recent publications from the US Department of Transportation (DOT). The funds will be allocated on
From February 23–25, 2022, the Bureau of Ocean Energy Management (BOEM) held a competitive auction for six lease areas in the New York Bight area off the coast of New York and New Jersey. After the first day of the
Offshore wind is an energy generation source that has seen explosive global growth over the past decade. The offshore wind industry in the US has been developing at a more measured pace but had a landmark year in 2021, and
On February 1, 2022, Louisiana Governor John Bel Edwards’ Climate Initiatives Task Force submitted its 177-page Climate Action Plan, which proposes a goal of 5 gigawatts (GW) of offshore wind (OSW) power generation by 2035 and notes that:
[T]his goal
On January 12, 2022, the Bureau of Ocean Energy Management (BOEM) announced that it will hold a competitive auction for six lease areas (totaling roughly 488,000 acres) in the New York Bight area, which is off the coast of New