As of October 6, 2022, operators of gas and hazardous liquid pipelines must comply with the Pipeline and Hazardous Materials Safety Administration’s (“PHMSA”) Final Rule on “Valve Installation and Minimum Rupture Detection Standards.”[1] The Rule codifies several related
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.
Latest from Lights On - Page 5
Department of Commerce Issues Final Rule Imposing Tariff Moratorium for Solar Panels
On Sept. 16, 2022, the Department of Commerce (DOC) issued its final rule effectuating a two-year moratorium on tariffs on certain solar cells and modules exported from Cambodia, Malaysia, Thailand and Vietnam.
As discussed in McGuireWoods’ June 7, 2022, alert,…
Inflation Reduction Act Extends and Modifies Tax Credits for Wind Projects
On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes new and revised tax incentives for clean energy projects. The IRA extends and significantly modifies the federal tax credits available for wind…
More Courts Reject FERC’s Jurisdictional Claims in Battle Over Rejection of Filed-Rate Contracts in Bankruptcy
Debtors in bankruptcy have broad authority to shed unfavorable contracts through the executory contract rejection process, subject to approval of the bankruptcy court. The Federal Energy Regulatory Commission (FERC), on the other hand, has exclusive jurisdiction over any request to…
U.S. Senate Introduces the Inflation Reduction Act
On July 27, 2022, U.S. Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.V.) introduced the Inflation Reduction Act of 2022, which proposes new and revised tax incentives for clean energy. The bill incorporates many, but not all,…
Gov. Kathy Hochul Releases New York’s Third Competitive Offshore Wind RFP Solicitation
On July 27, 2022, New York Gov. Kathy Hochul announced the release of the state’s third offshore wind solicitation. With this request for proposals (RFP), New York looks to secure at least 2,000 MW of additional offshore wind power…
PHMSA Issues Notice of Limited Enforcement Discretion for Some Gas Gathering Pipelines
On July 8, 2022, the Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a notice of regulatory enforcement discretion for particular gathering lines. Gathering lines are those pipelines that transport gas from a current production facility to a transmission line…
Webinar Replay: Offshore Wind Market Update and Supply-Chain Investment Opportunities
Did you miss our July 14, 2022 webinar?
McGuireWoods is organizing a series of webinars and events for utilities, private equity, independent sponsors, energy developers and other market participants pursuing energy investments in the North American offshore wind sector.
https://www.youtube.com/watch?v=8232g-tShoo…
White House Launches Federal-State Offshore Wind Partnership to Supercharge Production by 2030
The White House announced a partnership on June 23, 2022, with 11 East Coast states to accelerate the growth of the United States’ offshore wind industry. The Biden administration offered the partnership to strengthen national energy security in a time…
President Biden Orders Tariff Exemption for Solar Panels
Yesterday, June 6, 2022, President Biden ordered various emergency measures to combat a shortage of solar modules and related components in the United States, including declaring a tariff exemption of up to two years on certain solar cells and modules…