The world’s renewable energy grew by 50% to 510 gigawatts (GW) in 2023, the 22nd year in a row that renewable capacity additions set a record, according to figures from the recent IEA Report of January 2024. The Inflation Reduction Act and like programs are fueling the boom in the pipeline for renewable energy projects. By some estimates, there are 4,000 projects in the United States alone that are either being built or are in the planning phase.
The risk profile for projects in a dynamic renewable See more +
The world’s renewable energy grew by 50% to 510 gigawatts (GW) in 2023, the 22nd year in a row that renewable capacity additions set a record, according to figures from the recent IEA Report of January 2024. The Inflation Reduction Act and like programs are fueling the boom in the pipeline for renewable energy projects. By some estimates, there are 4,000 projects in the United States alone that are either being built or are in the planning phase.
The risk profile for projects in a dynamic renewable energy market are substantial. These risks include finance risk (owing to a volatile interest rate environment and new risk rating mechanisms), construction risk (supply chain interruptions, skilled labor shortages, delay and cost overruns), regulatory risk (lengthy interconnection queues, public policy shortcomings, and rudderless grid planning among other things), political risk (election year changes could impact current tax credits), legal risk (voluntary and mandatory ESG disclosures and human rights and forced labor issues), and a myriad of other potential issues.
This 90-minute webinar is designed to identify major risk factors for renewable energy projects and touch upon potential mitigation strategies.
Please join Kilpatrick attorneys Thomas Allen, Brian Gaudet, Adria Perez, and Benjamin Smith and outside economic experts Carlos Pabón-Agudelo and Jeffrey Bloczynski from Infrastructure Economic Consulting, LLC for this timely discussion.
* The opinions expressed are those of the attorneys and do not necessarily reflect the views of the firm or its clients. This video is for general information purposes and is not intended to be and should not be taken as legal advice. See less -
