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Geothermal Energy

Allen Matkins

Special Water Supply Edition: California Environmental Law & Policy Update 10.25.24

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California officials have joined a legal effort to restore water to the Kern River after an abrupt shutoff of water dried up the river and killed thousands of fish in Bakersfield....more

Allen Matkins

Renewable Energy Update 10.24.24

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The Biden administration is proposing to speed up the process of approving geothermal energy projects by exempting them from early-stage environmental reviews....more

Goldberg Segalla

Betting on a power-industry glow-up, Big Tech goes nuclear to stop A.I.-driven energy meltdown

Goldberg Segalla on

Artificial Intelligence is Big Tech’s newest toy. However, AI also requires massive amounts of energy to operate, which puts the industry’s climate commitments at risk. The sprawling data centers that Microsoft and other...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — October 2024

Environmental Justice Climate Corps Launched at Climate Week NYC - On September 25, coinciding with Climate Week NYC, the US Environmental Protection Agency and AmeriCorps unveiled the Environmental Justice Climate Corps...more

Paul Hastings LLP

The Net-Zero Industry Act

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In order to reach its “net-zero” goals, the European Union is continuing to build out a regulatory framework focused on scaling up the investment into the manufacturing and development of “net-zero technologies”. The latest...more

Goldberg Segalla

Big Tech’s Investment in Geothermal Energy Continues to Heat Up

Goldberg Segalla on

On August 26, Sage Geosystems announced an agreement to supply Meta with 150 MW of geothermal power. Sage will use its proprietary Geopressured Geothermal System (GGS) to provide carbon-free power for Meta’s data centers....more

Pillsbury Winthrop Shaw Pittman LLP

Subsidence from Geothermal Operations: Navigating the Regulatory Landscape and Potential Claims

The subsidence risk in geothermal projects needs to be effectively managed by careful review of site conditions and legal and permitting precedents. Production of geothermal fluids can lead to subsidence of the land...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 8, Issue 7, July 2024

Welcome to the seventh 2024 issue of Currents - our e-newsletter focused on energy topics. There are less than six months left for companies formed before January 1, 2024 to file their initial beneficial owner report...more

Dorsey & Whitney LLP

Energy Law: Month in Review - June 2024

Dorsey & Whitney LLP on

Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

Allen Matkins

Renewable Energy Update 7.01.24

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Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of...more

Allen Matkins

Renewable Energy Update 6.06.24

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California’s utilities regulator on May 30 adopted new rules for community solar projects, despite warnings from clean energy advocates that the move will undercut efforts to expand solar power options for lower-income...more

Bowditch & Dewey

Massachusetts’ First Networked Geothermal System Pilot Launches

Bowditch & Dewey on

Eversource’s launch of its new networked geothermal system pilot project in Framingham has drawn significant interest as Massachusetts’ first gas utility-operated ground source heating and cooling project. Eversource’s...more

Bracewell LLP

Treasury Department and IRS Release Proposed Regulations for Clean Electricity Credits Under Code Sections 45Y and 48E

Bracewell LLP on

On May 29, 2024, the Treasury Department and the Internal Revenue Service (IRS) released a notice of proposed rulemaking (Proposed Regulations) with respect to Section 45Y (clean electricity production credit or CEPC) and...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Client Feature — Quaise

This month, we are excited to feature Quaise Energy and its recent success in closing a $21 million Series A1 financing to accelerate terawatt-scale geothermal energy! This financing round was led by Prelude Ventures and...more

Pillsbury - Gravel2Gavel Construction & Real...

Enhanced Geothermal Energy Could Be the Next Zero-Carbon Hero

Hydrogen, solar, wind—and even microwave beams from outer space—are a few of the alternative energies being explored as the world strives to cut the cord on carbon emissions. Recently, advancements in geothermal energy...more

Goldberg Segalla

Some Like It Hot: Geothermal Energy May Become a Watershed Clean-Energy Source

Goldberg Segalla on

Chevron is part of a group of old-school fossil-fuel companies investing hundreds of millions of dollars into geothermal-energy projects aiming to use fracking-type technology to find and access underground heat — heat that...more

Harris Beach PLLC

NYPA Takes Next Step Towards Renewable Energy Development – Issues RFQ

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The New York Power Authority (NYPA) recently issued a request for qualifications (RFQ) to prospective renewable energy companies interested in collaborating with New York Power Authority (NYPA) to develop renewable energy...more

Allen Matkins

Renewable Energy Update 2.15.24

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The California Independent System Operator (CAISO) last Thursday asked federal regulators for permission to cancel its annual interconnection study process for any interconnection requests submitted this year so it can deal...more

Allen Matkins

Renewable Energy Update 12.08.23

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New York released a new offshore wind solicitation last Thursday, seeking proposals for offshore wind and land-based renewable projects. The solicitations will support New York’s Climate Leadership and Community Protection...more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code. Section...more

Foley & Lardner LLP

IRS Releases Long-Awaited Updates to Investment Tax Credit Regulations

Foley & Lardner LLP on

Late last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released the long-awaited proposed regulations (the “Proposed Regulations”) relating to investment tax credits under Section 48 of the Code...more

Houston Harbaugh, P.C.

Repurposing Oil and Gas Wells for Renewable Energy in Pennsylvania Raises Multiple Legal Issues

Houston Harbaugh, P.C. on

The potential for repurposing old oil and gas wells for renewable energy raises a number of complex legal issues in Pennsylvania. In recent years, the federal government has been exploring renewable energy generation by using...more

White & Case LLP

Japan’s Long-Term Decarbonization Power Source Auction

White & Case LLP on

The first "Long-Term Decarbonization Power Source Auction" (the "Auction") is expected to start in Japan in January 2024. The Auction will provide a 20-year fixed revenue for newly developed power sources that contribute to...more

Allen Matkins

Renewable Energy Update - 6.29.23

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Interior Secretary Deb Haaland and Energy Secretary Jennifer Granholm traveled to Wyoming last week to celebrate work on the 732-mile TransWest Express Transmission project. The line will add 3,000 MW of transmission...more

Jones Day

Is Geothermal Energy Making a Comeback?

Jones Day on

Once considered a promising renewable energy source, steep drilling costs hampered geothermal energy development. The energy source, however, is now poised for a breakout and could play a critical role in the Biden...more

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