News & Analysis as of

Comment Period Renewable Energy

Greenbaum, Rowe, Smith & Davis LLP

BPU Seeks to Reevaluate NJ’s Solar Renewable Energy Credit Competitive Solicitation Incentive (CSI) Program

The New Jersey Board of Public Utilities (BPU) has scheduled a stakeholder meeting for Tuesday, September 17, 2024, for the purpose of receiving comments and input regarding the Competitive Solicitation Incentive (CSI)...more

Wilson Sonsini Goodrich & Rosati

CPUC Seeks Comments on Centralized Procurement Mechanism Impacting California Offshore Wind Development

On April 26, 2024, Administrative Law Judge Julie Fitch of the California Public Utilities Commission (CPUC) issued a ruling seeking comments on the use and implementation of a centralized procurement mechanism established in...more

Perkins Coie

Floating Offshore Wind in the Gulf of Maine—BOEM and the State of Maine Take Next Steps Toward Development and Procurement of...

Perkins Coie on

Marching toward its goal of deploying 30 gigawatts (GW) of offshore wind by 2030, the Bureau of Ocean Energy Management (BOEM) published on May 1, 2024, a proposed sale notice (PSN) to auction eight lease areas for commercial...more

Holland & Knight LLP

Treasury Department, IRS Issue Additional Section 45V Clean Hydrogen PTC Guidance

Holland & Knight LLP on

The U.S. Department of the Treasury Department and IRS on April 10, 2024, issued a supplemental notice of proposed rulemaking (NPRM) under the Internal Revenue Code's Section 45V clean hydrogen production tax credit (PTC)....more

Foley Hoag LLP - Energy & Climate Counsel

IRS Issues Guidance and Requests Comment on Provisional Emission Rate Process for Hydrogen Tax Credit

On April 10, 2024, Department of Treasury and the Internal Revenue Service (collectively, “IRS”) issued further guidance on the “Provisional Emission Rate” or “PER” process for the Inflation Reduction Act’s (“IRA”) Hydrogen...more

Holland & Knight LLP

MinAmbiente publica Proyecto de Decreto sobre requisitos para proyectos férreos de Colombia

Holland & Knight LLP on

El Ministerio de Ambiente y Desarrollo Sostenible (MADS o MinAmbiente) de Colombia publicó para comentarios el Proyecto de Decreto que pretende modificar y adicionar el Decreto 1076 de 2015 en el sentido de flexibilizar las...more

Akin Gump Strauss Hauer & Feld LLP

Proposed Clean Hydrogen Guidance: Limitations on Credit Availability for Green Hydrogen Projects and Paths Forward

Guidance recently issued by the Department of the Treasury and the Internal Revenue Service (IRS) in proposed regulations (REG-117631-23) will (if held to be final) have a significant impact on green hydrogen projects in the...more

Foley Hoag LLP - Energy & Climate Counsel

Department of Energy Releases Final Guidance on Designation of National Interest Electric Transmission Corridors

On December 19, 2023, the U.S. Department of Energy (DOE) released long-awaited final guidance on its process to designate National Interest Electric Transmission Corridors (commonly referred to as “NIETCs,” pronounced...more

A&O Shearman

Treasury’s Proposed Regulations on Energy Property and the Energy Investment Tax Credit

A&O Shearman on

Among other things, the proposed regulations would: Below is a more detailed summary of the key provisions in the proposed regulations as well as our initial observations. The IRS will collect comments until January 22, 2024,...more

Holland & Knight LLP

Section 48 Proposed Regulations Detail Treatment of Qualified Biogas Property

Holland & Knight LLP on

The U.S. Department of the Treasury on Nov. 17, 2023, issued proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code (Code) that, following passage...more

Jones Day

Proposed IRS Regulations on Tax Credits for Renewable-Energy Investments Include Wage and Apprenticeship Requirements

Jones Day on

In Short - The Background: The Inflation Reduction Act provides for robust tax incentives on qualifying renewable-energy construction projects. In order to claim the full amount of such tax credits on qualifying projects,...more

Holland & Knight LLP

Treasury, IRS Issue Proposed Regulations on IRA Prevailing Wage and Apprenticeship Requirements

Holland & Knight LLP on

Ten months after the release of initial guidance, the U.S. Department of the Treasury and IRS on Aug. 29, 2023, issued proposed regulations regarding increased credit or deduction amounts available for taxpayers satisfying...more

Eversheds Sutherland (US) LLP

Directions regarding Direct Pay - Proposed Regulations Released on Elective Payment for Inflation Reduction Act Renewable Energy...

On June 14, 2023, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued guidance on several topics related to tax credit monetization under the Inflation Reduction Act of 2022 (IRA),...more

Foley & Lardner LLP

EPA Moves to Tighten Passenger and Heavy-Duty Vehicle Emissions Standards; Seeks to Drive Majority of New U.S. Car Sales to EVs by...

Foley & Lardner LLP on

On April 12, 2023, U.S. Environmental Protection Agency (EPA) Administrator Michael Regan proposed aggressive new mobile source regulations limiting tailpipe emissions in two separate proposed rules: one targeting light- and...more

Latham & Watkins LLP

BOEM Floats Proposal to Modernize Offshore Wind Regulations

Latham & Watkins LLP on

A new proposal aims to streamline the process for permitting and developing offshore renewable energy projects and reduce costs to developers. On January 30, 2023, the Bureau of Ocean Energy Management (BOEM) published a...more

Holland & Knight LLP

Bureau of Ocean Energy Management Proposes Amendments to Modernize Offshore Wind Regulations

Holland & Knight LLP on

The U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) published a proposed rule to update regulations for the development of offshore wind energy resources, found at 30 C.F.R. Part 585.1 The...more

Holland & Knight LLP

Eyes on Energy Tax Update: January 2023

Holland & Knight LLP on

Eyes on Energy Tax Update is a regular publication of the Holland & Knight Energy Tax Team that provides highlights of important energy tax developments. The fourth quarter of 2022 brought a flurry of energy tax...more

Morgan Lewis - Power & Pipes

RFS: Auto Manufacturers Win the Battle for ‘eRIN’ Credits in EPA’s Proposed Rule

On December 1, 2022, the Environmental Protection Agency (EPA) published its proposed “set” rule for the Renewable Fuel Standard (RFS) Program. In addition to setting the volume and percentage standards for renewable fuels...more

Wiley Rein LLP

Treasury Requests Comments for Upcoming Guidance on Energy Tax Benefits in the Inflation Reduction Act

Wiley Rein LLP on

The U.S. Treasury Department (Treasury) and the Internal Revenue Service (IRS) published six notices on October 5, 2022, requesting comments on various provisions in the Internal Revenue Code (Code) related to energy tax...more

Eversheds Sutherland (US) LLP

Treasury issues requests for comments regarding clean energy tax incentives in the Inflation Reduction Act of 2022

​​​​​​​On October 5, 2022, the Department of the Treasury released six requests for comments regarding certain clean energy tax incentives in the Inflation Reduction Act of 2022....more

Mayer Brown

IRS Requests Comments on Various Aspects of Energy Tax Credits

Mayer Brown on

On October 5, 2022, the U.S. Internal Revenue Service (IRS) issued six notices requesting comments on various aspects of extensions and enhancements of energy tax benefits in the Inflation Reduction Act. Here is list of, and...more

Womble Bond Dickinson

FCC Initiates Inquiry to Explore Spectrum Needs of Offshore Windfarms, Oil Rigs, and Other Offshore Infrastructure

Womble Bond Dickinson on

In a recent Notice of Inquiry, the Federal Communications Commission (FCC or Commission) signaled that it may free up radio spectrum for offshore broadband networks and connectivity to land-based systems to support next...more

Parker Poe Adams & Bernstein LLP

Excitement Builds Around Offshore Wind in North Carolina

On April 29, 2022, BOEM published a Call for Information and Nominations (Call) for six distinct areas in the Central Atlantic comprising almost 3.9 million acres, which are shown on the map below. BOEM will consider...more

Bennett Jones LLP

Canada's Clean Electricity Standard Consultation Underway

Bennett Jones LLP on

The Government of Canada (through Environment and Climate Change Canada) launched a consultation through the publication of a discussion paper, "A Clean Electricity Standard in support of a net-zero electricity sector:...more

Pullman & Comley, LLC

Connecticut DEEP Announces a New Comprehensive Energy Strategy For 2022

Pullman & Comley, LLC on

The Connecticut Department of Energy and Environmental Protection (DEEP) is charged by statute with periodically preparing and implementing a Comprehensive Energy Strategy (CES).  ...more

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