On January 5, 2022, as part of the 2022 State of the State, New York Governor Kathy Hochul announced new investments and a plan to advance offshore wind energy development off the coast of New York. Governor Hochul announced that
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The Law off the Land: Why Offshore Wind Developers, Utilities, and Investors Should Give Early Consideration to Environmental Law Risks
U.S. offshore wind energy planning and development is front and center and accelerating at light speed. The Biden Administration announced a commitment to create 30 gigawatts of electricity via U.S. offshore wind by 2030. Congress provided a boost to offshore
MD and MA Award 3.2 GW of New Offshore Wind Capacity
On Friday, December 17, 2021, Massachusetts and Maryland selected a total of four offshore wind projects in their latest solicitation rounds to bring an additional 3.2 GW of new offshore wind capacity to the states.
Maryland
The Maryland Public Service
2021 Interior Department: Area Offshore Central California Officially Designated for Offshore Wind Energy Development
On November 12, 2021, in furtherance of the Biden administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy by 2030, the US Department of the Interior announced its designation of the Morro Bay Wind Energy Area (WEA) offshore
Interior Department: Three Milestones for Offshore Wind Energy Development in the Atlantic and Gulf of Mexico
On October 28, 2021, in furtherance of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy by 2030, the US Department of the Interior announced three major offshore wind development proposals.
First, the Bureau of Ocean
Private equity funds accelerated acquisitions of oil and gas assets in 2021
We recently undertook some research and found that private equity funds bought £11.9 billion of European oil and gas businesses in 2021, up from just £232 million in 2020. While historically some private equity funds have been long-term investors in the
Managing Cyber Risk with the Mayer Brown Oil & Gas Lawyers’ Forum
The Mayer Brown Oil & Gas Lawyers’ Forum is back and the next session will take place on Wednesday 29 September at 12:45 p.m. (BST)/ 7:45 a.m. (EDT) when we will hold a discussion on Managing Cyber Risk in the
Testing times for the “Supplier of Last Resort” regime as UK gas prices continue to rise
Kwasi Kwarteng, UK Business and Energy Secretary is reported to have said on 20 September that “My task is to ensure that any energy supplier failures cause the least amount of disruption to consumers”.
Wholesale day-ahead gas prices in the
Texas Commission Proposes New Generator, Utility Weather Requirements and Opens Fast-Track Rulemaking Proceeding
The Public Utility Commission of Texas (PUCT) has issued draft regulations to implement new electric weather-related requirements set forth in Texas Senate Bill 3, which was enacted in response to what the PUCT described as the February 1-5, 2021, “Southwest
Mexico – CNH Publishes Amendment to Guidelines that Regulate Exploration and Development Plans for the Extraction of Hydrocarbons
On August 20, 2021, the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos,”CNH”) published in the Federal Official Gazette the Resolution CNH.E.22.008/2021 by which several provisions of the guidelines that regulate the Exploration and Development Plans for the Extraction of Hydrocarbons are modified,