On Nov. 17, the IRS and Treasury Department released long-awaited proposed regulations for the Section 48 investment tax credit. Representing the first update to these regulations since 1987, they provide instructions reflecting new statutes under the Inflation Reduction Act of
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30-Day Initial Application Window for Low-Income Communities Bonus Credit Fast Approaching
On Oct. 19, 2023, the Department of Energy began accepting applications for all categories of the Low-Income Communities Bonus Credit Program for small-scale wind and solar projects. Read on for further details about the submission portal and the tax credit…
FERC Proposes Overhauling Electronic Quarterly Report Filing Process and Data Submission
On Oct. 19, the Federal Energy Regulatory Commission issued a notice of proposed rulemaking to modify filing processes for electronic quarterly reports and revise and eliminate a number of data fields and definitions. Read on for an overview of the…
Winter Storm Uri Power Dispute Reaches the Supreme Court of Texas
On Sept. 29, the Supreme Court of Texas announced it will review a lower court’s reversal of two winter storm Uri orders in 2021 by the Public Utility Commission of Texas that raised power prices in the Electric Reliability Council…
FERC Implements Generator Interconnection Process Reforms: Compliance Filings Due December 2023
On September 6, 2023, the Federal Register published the Federal Energy Regulatory Commission’s (FERC) Order No. 2023, ‘Improvements to Generator Interconnection Procedures and Agreements,’ a 1,000+ page Final Rule adopting reforms to generator interconnection procedures and amending the pro…
IRS Proposes Prevailing Wage and Apprenticeship Regulations
On Aug. 29, the U.S. Department of the Treasury and the IRS proposed regulations and new guidance regarding the prevailing wage and apprenticeship (PWA) prerequisites associated with eligibility for full-value clean energy tax credits under the Inflation Reduction Act. Read…
PHMSA Announces Proposed Rulemaking Affecting Natural Gas Distribution Systems
On Aug. 24, the U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration announced the forthcoming publication of proposed rules intended to increase the safety of gas distribution pipelines nationwide. Read on for a brief overview of the proposal,…
U.S. Transportation Department Grants States $64.4 Million to Bolster Pipeline Safety
On Aug. 2, 2023, the U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) announced the grant of $64.4 million to states to improve the safety of pipelines and underground natural gas operations.
The goal of the grant…
Biden Administration Finalizes Three Wind Energy Areas off Mid-Atlantic Coast
Applications Open — White House Announces $20 Billion in Grant Competitions to Boost Clean Energy Projects
The Biden administration recently announced a $20 billion clean energy investment plan creating two complementary competitions providing funding for community-based climate projects across the country.
Read on for details about the National Clean Investment Fund and the Clean Communities Investment…