On Sept. 29, 2023, the Supreme Court of Texas announced it would review a lower court’s reversal of two winter storm Uri orders by the Public Utility Commission of Texas (PUCT), which date back to 2021. On Jan. 30, 2024,
Lights On
Energy Insights to Keep Companies Current
Lights On, published by McGuireWoods LLP, covers legal developments and regulatory issues related to energy and environmental law. The blog addresses topics such as carbon capture and storage regulations, nuclear energy policy and legislation, offshore wind energy leasing and development, oil and gas royalty disputes, and tax incentives for energy projects. It provides updates on federal and state regulatory frameworks, litigation outcomes, and legislative changes impacting energy production, renewable energy infrastructure, and environmental compliance. The blog also discusses practical implications for energy producers, developers, and stakeholders navigating complex legal and regulatory landscapes in the energy sector.
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First Court of Appeals Dismisses Winter Uri Claims Against Wholesale Power Generators
In February 2021, Winter Storm Uri hit Texas, resulting in severe electricity blackouts throughout the state. Commercial and industrial as well as residential retail customers across Texas sued hundreds of entities involved in the Texas electricity market for damages sustained…
IRS Refreshes and Codifies Energy Property Tax Credit Guidance in Proposed Section 48 Regulations
By Durham McCormick & Jon Neal
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…
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…