News & Analysis as of

Biden Administration Inflation Reduction Act (IRA) Energy Sector

Hogan Lovells

Major nuclear energy legislation becomes law

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On Tuesday, July 9, 2024, President Biden signed into law the most comprehensive energy-related bill since the Inflation Reduction Act—and it’s all about nuclear energy. This new law will support the deployment of nuclear...more

King & Spalding

Field Guide to Clean Hydrogen

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Hydrogen is a key ingredient in any country’s future energy plans. In the United States, the hydrogen sector is on the launch pad, ready for lift-off. However, its trajectory hinges on a critical question: what criteria...more

Holland & Knight LLP

Permitting Reform Outlook, Based on Provisions from Debt Ceiling Compromise

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Efforts to pass federal permitting reform heated up in the previous Congress and continue to be a top priority, with Republicans in the U.S. House of Representatives kicking off their agenda with the Lower Energy Costs Act...more

Perkins Coie

Biden Administration Takes Steps To Accelerate Transmission Permitting

Perkins Coie on

The Biden administration (the Administration) has set ambitious goals to reduce U.S. greenhouse gas emissions to at least 50% below 2005 levels by 2030 and to reach net-zero emissions by 2050. To achieve these ends, the...more

Morgan Lewis

US Offshore Wind Roundup as of March 2023

Morgan Lewis on

Despite global economic headwinds, the US offshore wind industry has continued to slowly but steadily blossom, driven largely by enhanced vision and cooperation among federal government agencies under the Biden...more

Goodwin

Founders Alert: Climate Tech Funding Outlook for 2023

Goodwin on

Despite the uncertain atmosphere with the collapse of Silicon Valley Bank and a drop in venture capital funding last year, the end of 2022 closed out another marquee year for state and private funding of climate technology...more

(ACOEL) | American College of Environmental...

The U.S. Government Gets Serious on Climate Change

During a pandemic paper purge, I found a corporate newsletter showing me and my boss, George David, then CEO of United Technologies Corporation, at the Earth Technologies Forum admiring a display captioned “Why is UTC a...more

Wiley Rein LLP

[Webinar] 2023 Federal Infrastructure Series: Following The Money: An Update On Federal Infrastructure Programs - February 28th,...

Wiley Rein LLP on

Please join us for the inaugural episode of Wiley’s Federal Infrastructure Webinar series, a series of webinars that will bring together attorneys from across the firm to discuss current developments relating to the federal...more

Holland & Knight LLP

DOE Loan Programs Office: 2023 Updates, Overview and Key Insights

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Following the first two years of the Biden Administration, and fresh off of the successful passage of the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), the U.S. Department of Energy Loan...more

DarrowEverett LLP

How Renewable Energy Developers Can Maximize ITC Value In Deal-Making

DarrowEverett LLP on

On August 16, 2022, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Among other things, the Act has notable consequences for the renewable energy industry, including restoring the...more

McDermott Will & Emery

Key Takeaways | Hospitals and Renewable Energy: New Financial Incentives and Opportunities in the Inflation Reduction Act

McDermott Will & Emery on

During this webinar, Heather Cooper and Carl Fleming, partners in the McDermott’s energy & project finance group, teamed up with McDermott+Consulting’s Debra Curtis to break down the key opportunities and actionable steps...more

Bracewell LLP

PRG Pulse 2022 Post-Election Analysis

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The Big Picture - Congressional Overview - American voters delivered a decidedly mixed message to Washington on Tuesday, seemingly handing Republicans narrow control of the U.S. House of Representatives and a nominal check...more

(ACOEL) | American College of Environmental...

Permitting Reform after Inflation Reduction Act?

On October 12th, the Biden Administration announced an “Action Plan” to accelerate infrastructure development following enactment of the Inflation Reduction Act (IRA) [New Action Plan]. This followed extensive discussion of a...more

Foley Hoag LLP - Energy & Climate Counsel

Biden Announces New Initiative on “Game-Changing” Technologies for Achieving Net-Zero Emissions

On November 4, 2022, the White House announced a new initiative to support research and development projects on 37 “game-changing” technologies to advance the Biden Administration’s goal of net-zero emissions by 2050....more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Legal Feature — Recently Announced Clean Hydrogen Hub Program Funding

On September 22, 2022 the Biden-Harris administration announced a historic $7 billion funding opportunity to create regional clean hydrogen hubs (“H2Hubs”). One of the largest-ever public investments in clean hydrogen and in...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — October 2022

Rollout of IRA Clean Energy Provisions Continues - As reported in last month’s Washington Energy & Sustainability Update, implementation of the Inflation Reduction Act of 2022 (IRA), including its clean energy provisions,...more

McDermott Will & Emery

Key Takeaways - The Current State of the US P3 Market

McDermott Will & Emery on

On September 28, McDermott Partner Emeka Chinwuba and Star America Infrastructure Partners’ Michael Rueger and Kamil Seidl discussed the effects of the Infrastructure Investment and Jobs Act (IIJA) on the P3 market and what...more

McDermott Will & Emery

[Webinar] The Current State Of The US P3 Market As Impacted By The Biden Infrastructure Act And The Inflation Reduction Act -...

McDermott Will & Emery on

Join the McDermott Energy & Project Finance Practice Group for “Navigating the New Energy Landscape,” webinar series that will explore how the Inflation Reduction Act of 2022 will impact different sectors within the energy...more

BakerHostetler

What's in It for Me: The Inflation Reduction Act's Clean Energy Tax Credits

BakerHostetler on

Key Takeaways: ..Recently enacted direct pay and transfer provisions apply to certain clean energy tax credits. These provisions will have a significant impact on how taxpayers can monetize these tax credits and, in...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability IP Updates — September 2022

In the News - Earlier this month, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which promises to put nearly $370 million in federal funding behind the energy transition. The IRA is expected to...more

Harris Beach PLLC

Inflation Reduction Act to Energize Renewables and Energy Transition Projects

Harris Beach PLLC on

The Inflation Reduction Act of 2022 (the “IRA”), signed by President Biden into law on August 16, promises to further invigorate an already booming sector of the economy – the renewables industry and energy transition sector....more

Perkins Coie

The Inflation Reduction Act’s Impact on Offshore Wind Leasing

Perkins Coie on

The $437 billion Inflation Reduction Act, H.R. 5376 (IRA), signed into law on August 16, 2022, by President Biden, makes historic investments in clean energy. The IRA allocates $369 billion toward energy security, carbon...more

Butler Snow LLP

The Inflation Reduction Act of 2022

Butler Snow LLP on

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (H.R. 5376) (“IRA”), a 730-page successor to the House-passed Build Back Better Act that failed to become law. By any measure, this is an...more

K&L Gates LLP

Welcome to the Tax Credit Revolution: New Opportunities for the Energy Industry in the Inflation Reduction Act

K&L Gates LLP on

On 16 August 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (IRA). While not as expansive as the Build Back Better Act, the IRA has the potential to dramatically accelerate the energy transition in the...more

K&L Gates LLP

HUB Talks: Sustainable Outlook: The U.S. Tax Credit Revolution

K&L Gates LLP on

In a special episode, Elizabeth Crouse, tax lawyer and practice group coordinator of the K&L Gates Power group, discusses the winners, losers, and many other highlights of the new U.S. federal income tax credit rules just...more

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