The State of Energy Storage: What You Need to Know
Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more
Eyes on Energy Tax Update is a quarterly publication of the Holland & Knight Renewable and Alternative Energy Tax Team that provides highlights of important developments. The Renewable and Alternative Energy Tax Team also...more
Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past few weeks and forthcoming climate-related events and...more
House Approves Republican Energy Package - Four Democrats joined with all Republicans to approve, in a 225-204 vote, a massive House energy bill on March 30. While the bill will almost certainly not advance in the Senate,...more
Since the Biden administration released the US National Blueprint for Transportation Decarbonization (Blueprint) on January 10, 2023, the administration has continued to invest significantly in the development of electric...more
Two decades ago, well before the current electric vehicle (EV) upsurge, hydrogen was a conceptual pillar of the clean energy movement. In his 2003 State of the Union address, then-President Bush said, “A simple chemical...more
Congress and the Biden Administration recognize hydrogen’s potential to address the clean energy imperative. This past year, The Infrastructure Investment and Jobs Act appropriated $8B of spending to build out clean hydrogen...more
In November 2021, “[t]he United States House of Representatives passed the Infrastructure Investment and Jobs Act, a once-in-generation bipartisan infrastructure bill that will create millions of jobs, turn the climate crisis...more
New Legislation Would Extend Investment Tax Credit to Standalone Storage - On 9 March 2021, a bipartisan group of federal lawmakers introduced the “Energy Storage Tax Incentive and Deployment Act” (H.R. 1684/S. 627), a...more
The worldwide demand for energy continues to grow at a substantial rate. The World Economic Forum predicts that by 2050, global energy demand will be between 30 to 40 percent higher than today, even on the assumption that the...more