Renewable Energy Insights, published by Troutman Pepper Locke, focuses on legal and regulatory developments affecting the renewable energy sector. The blog covers topics such as tax incentives including the Investment Tax Credit (ITC) and Production Tax Credit (PTC), legislative impacts of the Inflation Reduction Act and related energy policies, carbon capture credits under Section 45Q, and advanced manufacturing credits. It also addresses project finance trends, energy storage technologies, domestic content requirements, and compliance with prevailing wage and apprenticeship rules. The blog provides analysis relevant to project developers, investors, and legal practitioners involved in renewable energy projects and policy implementation.
Originally posted on Troutman Sanders’ Washington Energy Report
On March 9, 2018, a divided FERC approved the Competitive Auctions with Sponsored Policy Resources (“CASPR”) proposal submitted by the ISO New England Inc. (“ISO-NE”). Developed through an extensive stakeholder process that…
Originally posted on Troutman Sanders’ Washington Energy Report
On March 13 and March 15, 2018, FERC took actions to address tax law changes resulting from the Tax Cuts and Jobs Act of 2017 for electricity, natural gas, and oil companies. …
Originally posted on Troutman Sanders’ Washington Energy Report
On March 8, 2018, President Donald Trump signed an order that enacts tariffs on steel and aluminum imports from all overseas countries, while exempting Canada and Mexico from such tariffs for now. …
As part of the Bipartisan Budget Act of 2018 (the “Act”), Congress extended and increased the 45Q tax credits for carbon capture and storage (“CCS”) projects. The Act increased credits for enhanced oil recovery from $10 per ton to $35…
Hayden Baker has joined Troutman Sanders LLP as a partner in the firm’s Capital Projects and Infrastructure Practice. Baker, who is based in the firm’s New York office, previously practiced at Sullivan & Worcester LLP. Baker assists clients…
The Southern Alliance for Clean Energy (“SACE”) released its Solar in the Southeast 2017 Annual Report (the “2017 Report”) which projects the Southeast region of the United States (including Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee) to…
An ambitious bill introduced in the Massachusetts’ Senate proposes to accelerate expansion to the state’s renewable energy sector. Along with implementing a market-based system to reduce emissions, the bill also aims to increase the required growth rate of the state’s…
Originally posted on Troutman Sanders’ Washington Energy Report
On February 15, 2018, FERC issued a notice that staff will hold a technical conference on April 10-11, 2018 to discuss the participation of distributed energy resources (“DER”) in markets operated by…
In response to concerns regarding the changing nature of the nation’s energy supply portfolio and the emergence of promising energy storage technologies, the Commission in recent years issued several notices of inquiry, notice of proposed rulemaking, and policy statements regarding…
The Bipartisan Budget Act of 2018 signed by President Trump on February 11th, included a package of tax credits that may be a boost for renewable energy development and storage projects. The deal extends tax credits for the so-called “orphan”…
