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Pillsbury - Gravel2Gavel Construction & Real...

Developer Perspectives on Today’s Energy Storage Markets

In 2023, the world added an impressive 45 gigawatts/97 gigawatt-hours of energy storage capacity, nearly tripling year-on-year growth, with the majority driven by battery storage installations. The global energy storage...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

A&O Shearman

Navigating the new elective safe harbor for the Domestic Content Bonus Tax Credit

A&O Shearman on

The U.S. Treasury Department and the Internal Revenue Service have issued a new safe harbor that will make it easier for U.S. solar, onshore wind and battery storage projects with U.S.-sourced components to qualify for...more

Allen Matkins

Renewable Energy Update 5.15.24

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The Federal Energy Regulatory Commission on Monday approved a long-awaited rule to make it easier to transmit renewable energy such as wind and solar power to the electric grid — a key part of President Joe Biden’s goal to...more

Stoel Rives - Renewable + Law

New Legislation Authorizes Oregon Energy Facility Siting Council to Certify Standalone Battery Energy Storage Systems but Stops...

The Oregon Energy Facility Siting Council (EFSC) oversees the siting of large-scale energy facilities like wind and solar power projects, which often include an associated Battery Energy Storage System (BESS). BESS is a...more

Allen Matkins

Renewable Energy Update 1.16.24

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U.S. battery storage capacity is poised for a record year in 2024 with Texas and California continuing to lead the country in new additions, after installations reached a new record last quarter....more

Mayer Brown

Proposed Regulations on Section 45X Advanced Manufacturing Production Tax Credit

Mayer Brown on

On December 14, 2023, the Department of Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) released proposed regulations to implement the Section 45X advanced manufacturing production credit established by the...more

Holland & Knight LLP

An In-Depth Look at Section 45X Proposed Regulations

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The U.S. Department of the Treasury and IRS on Dec. 14, 2023, released Proposed Regulations regarding the Section 45X Advanced Manufacturing Production Credit of the Internal Revenue Code. (See Holland& Knight's previous...more

Allen Matkins

Renewable Energy Update 8.03.23

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The White House’s Council on Environmental Quality (CEQ) has proposed a rule that would streamline and accelerate the permitting process for new renewable power facilities, as the U.S. looks to decarbonize its energy mix....more

Troutman Pepper

Taking Charge: Inside the U.S. Battery Boom

Troutman Pepper on

The Inflation Reduction Act (IRA) has supercharged global interest in U.S. battery storage, forcing companies to change their approach to the market. We look at how this generational legislation is driving growth and...more

Latham & Watkins LLP

IRS Issues Initial Rules for Domestic Content Bonus Tax Credits

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IRS Notice explains how a renewable energy project may qualify for bonus tax credits by using American-made components. Key Points: ..All project components made primarily of steel or iron that perform a structural...more

Foley & Lardner LLP

IRA Tax Credits Benefit Energy and Manufacturing

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The passage of the Inflation Reduction Act (IRA) in August of last year saw the introduction of a number of new and expanded tax credits aimed at boosting onshore American manufacturing. These incentives represent...more

Allen Matkins

Renewable Energy Update - 2.02.23 - #1

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Democratic lawmakers in California introduced a package of climate bills on Monday aimed at holding corporations accountable for their greenhouse gas emissions....more

White & Case LLP

There is no turning back for the global energy transition

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Ambitious net-zero targets will unquestionably be the biggest catalyst for M&A in the energy sector for years to come - The race is on to achieve carbon neutrality, and this is providing one of the biggest investment...more

J.S. Held

Rethinking Energy Reliability with Modern Power Systems

J.S. Held on

Utility-scale wind, solar, and battery resources are challenging the way we assess and value system reliability as part of the ongoing Energy Transition process....more

Allen Matkins

Renewable Energy Update - May 2022 #3

Allen Matkins on

Governor Newsom floats 5 GW, $5.2B ‘reliability reserve’ amid possible electricity shortfalls Bullet Utility Dive – May 17 Governor Gavin Newsom has earmarked $5.2 billion in a revised budget proposal released Friday to fund...more

Troutman Pepper

Virginia Energy Regulation Update - Battery + Storage Podcast (Episode 7)

Troutman Pepper on

Troutman Pepper energy partner Bill Derasmo talks with battery and storage experts from across the industry. The podcast shares the unique perspectives of industry veterans and thought leaders, exploring how they are...more

Latham & Watkins LLP

Energy & Infrastructure: Renewables Driving Change in the Investment Landscape

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Macro market shifts as part of the energy transition are spurring investors, sponsors, and even traditional oil and gas producers to move in new directions. There is an increase in wind and solar projects being funded, with...more

Allen Matkins

Renewable Energy Update - December 2020 #2

Allen Matkins on

Alphabet-backed Sidewalk Infrastructure Partners invests in start-up paying customers to cut energy use - Bullet CNBC – December 7 - As rolling blackouts continue to plague California, one company is hoping that a new...more

Allen Matkins

Renewable Energy Update - August 2020 #2

Allen Matkins on

U.S. sitting on 145 GW of unused commercial solar potential, according to new Wood Mackenzie study - Bullet Greentech Media – August 10 - Wood Mackenzie is forecasting a 32 percent drop in commercial solar...more

Allen Matkins

Renewable Energy Update - February 2020 #2

Allen Matkins on

Tensions flare as California’s solar industry waits for key ruling on community solar market - Bullet Greentech Media – February 7 - Debate continues to simmer in California as to what role community solar projects...more

K&L Gates LLP

Energy Storage Handbook Vol. 5

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The power practice has designed the Energy Storage Handbook to be a basic primer on what energy storage is, how it is regulated by federal and state governments, and what sorts of issues are encountered when such projects are...more

BCLP

Grid Stability in the Age of Decarbonisation

BCLP on

Grid disruption which results in blackouts is big news and often leads to public uproar and much finger pointing. The lightning strike that led to a blackout in parts of the UK in early August was widely reported and is the...more

Allen Matkins

Renewable Energy Update - July 2019

Allen Matkins on

Focus - NREL study shows mass potential for storage to provide peaking capacity - Utility Dive – July 10 - The booming U.S. battery storage market is showing no signs of slowing down, and a new report says its prospects...more

Allen Matkins

Renewable Energy Update - March 2019 #5

Allen Matkins on

Focus - Senate blocks Green New Deal - New York Times - March 26 - The Senate blocked consideration of the Green New Deal on Tuesday, ending a Republican effort to hitch Democratic presidential candidates to the...more

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