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Energy Projects

Latham & Watkins LLP

Financing the Future of Fission: A Nuclear Renaissance and the Promise of SMRs

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SMRs are attracting growing attention from governments, investors, and financiers as a means to power the energy transition, offering the promise of shorter construction times, scalability, and reduced financial risk compared...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 9, Issue 1, January 2025

Welcome to our first Issue of Currents 2025, our energy e-newsletter. While our energy practice is constantly changing and evolving, we too have expanded our focus for 2025 with some new editors involved with this...more

Allen Matkins

Renewable Energy Update 1.17.25

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President Joe Biden has designated two more national monuments in California, spanning 848,000 acres - the Chuckwalla National Monument and the Sáttítla Highlands National Monument. The Chuckwalla National Monument creates...more

Holland & Knight LLP

Will President Trump Be a Champion of Construction and Infrastructure in Second Term?

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President-Elect Donald Trump's career in construction and development has made many believe that he will be a champion for the construction and infrastructure sectors in his second term. While we don't know the future, we can...more

Morgan Lewis

OFAC Issues Syria General License and FAQs Easing Sanctions

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The US Office of Foreign Assets Control (OFAC) issued Syria General License 24 (GL 24) authorizing certain transactions with the new Syrian government and easing some transactions related to energy and personal remittances....more

Spilman Thomas & Battle, PLLC

Concern and Conflict Over New PJM Market Strategies

In recent months, PJM Interconnection has been at the center of concern and conflict over market planning strategies intended to address the changing landscape of generation and transmission through the country, particularly...more

Morgan Lewis

Amendments to the Rules for Organizing Renewable Energy Auctions in Kazakhstan

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A recent order by the Acting Minister of Energy of the Republic of Kazakhstan made amendments to the rules for organizing and conducting auctions for renewable energy source projects. The order will go into effect on February...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Solar for All Grant Competition/Inflation Reduction Act: Arkansas Operation Among the 60 Selectees

The United States Environmental Protection Agency (“EPA”) announced 60 selectees receiving awards for the Solar for All Grant Competition that is projected to provide residential solar projects to over 900,000 households. ...more

Perkins Coie

FERC Meeting Agenda Summaries for January 2025

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Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission's (FERC or the Commission) open meeting to be held on January 16, at 10:00 a.m. ET. The summaries below are based on publicly...more

Holland & Knight LLP

Texas Oil's Future: Between Biden's Ban and Trump's Promises

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With just days remaining in office, President Joe Biden has cast uncertainty over President-Elect Donald Trump's campaign promises of U.S. energy dominance. On Jan. 6, 2025, President Biden announced an executive action to...more

Jones Day

Final Clean Electricity Production and Investment Tax Credit Regulations Provide Taxpayers With Welcomed Guidance

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The Department of Treasury and the Internal Revenue Service released final regulations regarding the Section 45Y clean electricity production and Section 48E clean electricity investment tax credits....more

Baker Botts L.L.P.

China’s Potential Space Solar Breakthrough

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he future’s coming faster than we thought—let’s embrace it. China is pioneering a space-based solar power project, hailed as the “Manhattan Project” of clean energy. Imagine a 1km-wide solar array orbiting 36,000 km above...more

King & Spalding

Treasury and IRS Issue Final Regulations Implementing Section 45V Clean Hydrogen Production Tax Credit

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On January 3, 2025, the IRS and Treasury issued long-awaited final regulations (the “45V Final Regulations”) implementing the clean hydrogen production tax credit (the “45V Credit”) under Section 45V of the Internal Revenue...more

Holland & Hart LLP

Two Pivotal Montana Supreme Court Decisions Impact Industry

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On Friday, January 3, 2025, the Montana Supreme Court issued a decision in MEIC v. DEQ (Laurel Generating Station), its second major decision on the Montana Environmental Policy Act (MEPA) in the last few weeks that affects...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Waste Analysis and Strategies for Transportation End-uses: U.S. Department of Energy Announces Competitive Grant Award for City of...

The United States Department of Energy’s (“DOE”) Bioenergy Technologies Office and Vehicle Technologies Office issued a January 10th news release announcing $6.9 million in funding for: …nine projects to support local...more

Troutman Pepper Locke

PSE&G to Pay $6.6 Million Penalty for Failing to Provide Full and Accurate Information to PJM

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On December 5, 2024, the Federal Energy Regulatory Commission (“FERC”) approved Public Service Electric and Gas Company’s settlement agreement (“PSE&G”) to pay a $6.6 million civil penalty to resolve an ongoing investigation...more

Troutman Pepper Locke

FERC Issues Nearly $1B Market Manipulation Penalty Regarding Alleged Energy Efficiency Projects

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On December 16, 2024, the Federal Energy Regulatory Commission (“FERC”) directed American Efficient, LLC, its subsidiaries, and corporate parents (collectively, “American Efficient”) to show cause why American Efficient...more

Troutman Pepper Locke

D.C. Circuit Upholds FERC Order Requiring Stingray to Restore Service Before Abandoning Damaged Pipeline

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On December 20, 2024, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) upheld FERC’s order authorizing Stingray Pipeline Company, L.L.C. (“Stingray”) to abandon a portion of its...more

Holland & Knight LLP

Treasury Department, IRS Release Section 45Z Clean Fuel PTC Guidance

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The U.S. Department of the Treasury and IRS released initial guidance on Jan. 10, 2025, regarding the production tax credit (PTC) for clean fuels under Section 45Z of the Internal Revenue Code, as enacted by the Inflation...more

Polsinelli

AFIDA Penalties Are Coming: Costs for Renewable Development May Be More Than You Think

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When evaluating the all-in costs of a renewable development project, it is critical that costs associated with Agricultural Foreign Investment Disclosure Act (AFIDA) enforcement and compliance are considered. Since its...more

Mayer Brown

IRS Releases Final Energy Property Regulations Under Section 48 Investment Tax Credit

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On December 4, 2024, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations, TD 10015, (the “Final Regulations”), which provide guidance on the definition of energy...more

Sheppard Mullin Richter & Hampton LLP

NYSERDA Issues Request for Information in Preparation for Sixth OREC Solicitation with Transmission Issues in the Forefront

As New York’s fifth Offshore Wind Renewable Energy Certificate (OREC) solicitation enters its final stages, the New York State Energy Research and Development Authority (“NYSERDA”) issued a Request for Information (“RFI”) on...more

Hogan Lovells

MENA Arbitration Survey

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Hogan Lovells and Middlesex University Dubai have conducted a survey to explore the current state of arbitration practices and future trends in the Middle East and North Africa (MENA) region. The survey focused on commercial...more

Hogan Lovells

Energy Buzz: Clean Power 2030

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The UK government has set out an “action plan” for reaching its target of clean power by 2030, outlining how the government hopes to deliver on its one of its key manifesto "missions" to deliver zero-carbon electricity for...more

Allen Matkins

Renewable Energy Update 1.9.25

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According to a new study published in the journal Renewable Energy, no blackouts occurred when wind, water, and solar electricity supply exceeded 100% of demand on California’s main grid for a record 98 of 116 days from late...more

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