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Clean Energy Biden Administration Energy Projects

McDermott Will & Emery

White House Activates $20 Billion IRA Funding Program for Renewable Energy Projects

On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United States. It will award $20 billion in grant funding to eight recipients under...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — March 2024

House Energy & Commerce Committee Leadership Change for Next Congress - With the general election nine months away, 43 members of the House of Representatives have announced they will not seek reelection, including the...more

(ACOEL) | American College of Environmental...

Still Running Against the Wind … or With It

Ten miles by water from our home on Cape Cod in Falmouth, Massachusetts, you would think that the future of offshore wind is now. New Bedford is the local home of Vineyard Wind, where massive components are loaded onto huge...more

Burns & Levinson LLP

Wind Over Troubled Waters

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While efforts by the U.S. could help to slow or even reverse the impacts of climate change we already are experiencing, if we keep up and double down on our efforts, we may well avoid reaching the 2 degrees Celsius tipping...more

Perkins Coie

DOE Proposes Rule for More Efficient Environmental Review of Clean Energy Projects

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The U.S. Department of Energy (DOE) proposed to amend its National Environmental Policy Act (NEPA) procedures on November 16, 2023, to include a new categorical exclusion for certain energy storage systems and to expand its...more

Allen Matkins

Renewable Energy Update 10.19.23

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The Biden administration is putting almost $3.5 billion into improving the strength and resiliency of the U.S. electric grid, government officials said on Wednesday. The money is coming from the Bipartisan Infrastructure Law,...more

Womble Bond Dickinson

Federal Officials Unveil Choices for First Seven Clean Hydrogen Hubs

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Today, the White House and the U.S. Department of Energy announced the latest steps in a long-term plan to grow low-cost, clean hydrogen. The joint announcement identified seven regional clean hydrogen hubs. These hubs...more

Allen Matkins

Renewable Energy Update 9.29.23

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The Biden administration hopes to create a commercial nuclear fusion facility within 10 years as part of the nation’s transition to clean energy, U.S. Energy Secretary Jennifer Granholm said on Monday. Fusion works by...more

Latham & Watkins LLP

US Government Announces New Hydrogen Demand-Side Initiative

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The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy. On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up...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

Bricker Graydon LLP

Inflation Reduction Act: Federal Incentives for Public Entities for Clean Energy Improvements

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By now, you are likely aware that the federal government is making the largest investment in climate and energy improvements in American history, known as the Inflation Reduction Act (IRA). The IRA allocates funding to...more

Latham & Watkins LLP

US Nuclear Regulatory Commission Certifies First Small Modular Nuclear Reactor Design

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The move represents a step forward for the small modular nuclear reactor industry, but legislative uncertainty over new nuclear facilities in the US remains. As part of long-range plans to address climate change, many...more

Perkins Coie

Offshore Wind and Green Hydrogen: What Opportunities Lie Ahead

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The Biden Administration bolstered its ambitious clean energy goals this week by announcing the Pathways to Commercial Liftoff: Clean Hydrogen report, along with $750 million in funding for research, development, and...more

BakerHostetler

Bipartisan Bill Seeks Further Tax Incentives for Carbon Capture and Utilization Projects

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On Feb. 28, the Captured Carbon Utilization Parity Act (CCU Parity Act) was introduced by Sen. Sheldon Whitehouse, D-R.I., and Sen. Bill Cassidy, R-La. The CCU Parity Act would increase the tax credit available for carbon...more

Eversheds Sutherland (US) LLP

Treasury and the IRS provide initial guidance on section 48C ITC for manufacturers

On February 13, 2023, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2023-18 (Notice), which establishes the program to allocate $10 billion of tax credits that were added by the...more

Troutman Pepper

Keys to IRA Tax Breaks for US Green Energy, EV Production

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On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law. The legislation includes landmark tax incentives for domestic energy production and manufacturing, with the goal of reducing carbon emissions in the...more

A&O Shearman

Prevailing Wage and Apprentice Requirements for Clean Energy Tax Credits are Coming into Effect on January 29, 2023

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On August 16, 2022, President Biden signed the Inflation Reduction Act (the “IRA”), which included provisions for clean energy tax and climate tax incentive credits for taxpayers – generally builders, developers and owners of...more

Eversheds Sutherland (US) LLP

First of its kind for five West Coast offshore wind lease areas

The auction: First of its kind for five West Coast offshore lease areas - The US Bureau of Ocean Energy Management (BOEM), completed its first west coast offshore wind lease auction on Wednesday.1 The auction covered...more

Opportune LLP

US Inflation Reduction Act Aims To Give Carbon Capture A Boost, But Will It Take Off?

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On August 16, 2022, President Biden signed the landmark “Inflation Reduction Act” (IRA) into law, which contains several renewable energy tax breaks to help companies and U.S. consumers transition to clean energy. While the...more

BakerHostetler

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

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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

Faegre Drinker Biddle & Reath LLP

Inflation Reduction Act of 2022 – Qualified Biogas Property

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the Act), which extends and expands existing tax credits and adds several new energy tax credits to encourage the production of clean...more

A&O Shearman

After the IRA: Permitting Reforms to Expedite Energy Infrastructure Projects

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With the Inflation Reduction Act (IRA) now signed into law, attention is shifting to the next potential area for energy reform: permitting. Senator Manchin has outlined his priorities for energy permitting reform legislation,...more

Goldberg Segalla

New Law Provides Clean Energy Tax Credit Bonanza

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The Inflation Reduction Act (IRA) that President Biden signed into law on August 16 ran, all told, about 725 pages. One of the more complex and—for businesses—interesting portions of this law involves its restructuring and...more

McGuireWoods LLP

Inflation Reduction Act Extends and Modifies Tax Credits for Wind Projects

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On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes new and revised tax incentives for clean energy projects. The IRA extends and significantly modifies the federal tax...more

Latham & Watkins LLP

Nine Takeaways From the Inflation Reduction Act’s Climate Initiatives

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The Act promises to touch on almost every aspect of US climate policy. On August 16, 2022, President Biden signed into law the Inflation Reduction Act (the Act), which expands clean and renewable energy production,...more

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