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White & Case LLP

Amendments to IRA Tax Credits in Congressional Budget Bill

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Update: The House of Representatives passed (by a vote of 218-214) the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") on July 3, 2025. The bill now goes to the President for signature....more

Husch Blackwell LLP

Energy Tax Credit Framework Undergoes Further Changes in Senate-Approved Version of OBBB Act

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On July 1, 2025, the U.S. Senate passed its version of The One Big Beautiful Bill (OBBB) Act, the massive budget bill that contains significant provisions affecting tax credits for renewable energy project development. After...more

Baker Botts L.L.P.

P2N0 - Edition 33 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to Edition 33 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE). P2N0 covers significant news items globally, reporting on them in short...more

Saul Ewing LLP

New Jersey Board of Public Utilities Implements the Garden State Energy Storage Program, an Incentive Program to Encourage...

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OVERVIEW - The New Jersey Board of Public Utilities (“the BPU”) in an order dated June 18, 2025 has taken the first step to implement the New Jersey Clean Energy Act of 2018 by unveiling a multiphase program incentivizing...more

White & Case LLP

Amendments to IRA Tax Credits in the Senate Budget Bill

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On July 1, 2025, the Senate passed (by a vote of 51-50) its version of the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") containing numerous tax reform provisions. Below are our summaries of the...more

Orrick, Herrington & Sutcliffe LLP

Nuclear Power in the UK's 2025 Spending Review and Industrial Strategy: What Happened and What's Next?

On 11 June, the British Government delivered its Spending Review for 2025 (Spending Review). Nuclear power featured as one of the cornerstone spending areas, with Chancellor Rachel Reeves describing the £30 billion in nuclear...more

Akin Gump Strauss Hauer & Feld LLP

Simplifying the Funding of Energy Infrastructure and Critical Mineral and Material Projects

Directs the Department of State (DOS), Department of the Treasury (Treasury), Department of Defense (DOD), Department of the Interior (DOI), Department of Agriculture (USDA), Department of Transportation (DOT), Department of...more

Husch Blackwell LLP

Understanding “Beginning of Construction” Provisions Within the One, Big, Beautiful Bill Framework

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Under the Senate Finance Committee’s June 28th version of the One, Big, Beautiful Bill (the “Bill”), there are several limitations and requirements that would take effect based on the date a project begins construction. For...more

Pillsbury Winthrop Shaw Pittman LLP

Senate Votes to Advance the Big, Beautiful Bill – Latest on Renewable Energy Tax Credits

Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit, and a new excise tax of up to 50% for wind and 30% for solar would be imposed on wind and...more

Husch Blackwell LLP

New Bill Language Released Over the Weekend Contains Entirely New Excise Tax on Wind and Solar Projects

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Over the weekend, the Senate released a revised draft of the One Big Beautiful Bill Act, containing important revisions to clean energy tax credits and that, if passed, will impact the entire renewables industry. With this...more

Foley & Lardner LLP

Constellation and Meta PPA: Tech AI and Clean Energy Goals Preserve Existing Nuclear Generation

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On June 3, 2025, Constellation and Meta announced a 20-year virtual power purchase agreement (the “PPA”) for the output from the nuclear reactor at Constellation’s Clinton Clean Energy Center. This partnership exemplifies the...more

Mintz - Antitrust Viewpoints

Senate Parliamentarian Approves Ted Cruz’s Rewritten 10-Year State AI Law Moratorium, and Senate Introduces Bipartisan Preventing...

The Senate Parliamentarian approved Senator Ted Cruz’s (R-TX) rewritten version of the House-passed 10-year state AI law moratorium, after concerns that the original moratorium would not comply with the Senate’s Byrd Rule....more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Board of Public Utilities Launches Much Anticipated Garden State Energy Storage Program

What You Need to Know - • The New Jersey BPU has issued an Order launching a comprehensive energy storage incentive framework, the Garden State Energy Storage Program, or GSESP, which marks a significant milestone in New...more

Procopio, Cory, Hargreaves & Savitch LLP

Powering the Future: Can Nuclear Energy Help California Meet AI’s Soaring Energy Demand?

As artificial intelligence (AI) technologies gain widespread adoption among businesses and consumers across the world, the energy required to power the data centers behind them is increasing at an unprecedented pace. This...more

Perkins Coie

FERC Meeting Agenda Summaries for June 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 June 26, at 10:00 a.m. ET....more

Foley Hoag LLP - Energy & Climate Counsel

DOER Releases SMART 3.0 Program Emergency Regulations – Public Comments Due July 25, 2025

On June 20, 2025, the Massachusetts Department of Energy Resources (“DOER”) filed emergency regulations for the SMART 3.0 Program, the newest iteration of DOER’s Solar Massachusetts Renewable Target (“SMART”) tariff-based...more

Ropes & Gray LLP

The Current State of Energy and Infrastructure in the US: Key Takeaways from Proximo Congress 2025

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Ropes & Gray attended Proximo Congress 2025 in Nashville last week, where leading dealmakers and advisors convened to discuss the future of energy and digital infrastructure in the US against a backdrop of immense policy...more

Polsinelli

New Jersey BPU Launches Multi-Phase Energy Storage Incentive Program

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PJM-ready projects are a must. Eligible projects must (1) be transmission-connected (PJM bulk power system) and located in a New Jersey transmission zone; (2) have PJM interconnection approval (or capacity interconnection...more

Hogan Lovells

Senate Finance Committee revises House energy tax provisions in One Big Beautiful Bill

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On June 16 the Senate Finance Committee (SFC) released its revised text to the House-passed One Big Beautiful Bill (OBBB). While the SFC version largely follows the House approach in repealing clean vehicle and residential...more

Allen Matkins

Renewable Energy Update 6.20.25

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Senator Mike Crapo released draft text of the Senate Finance Committee’s version of the budget reconciliation bill on June 16. The Senate draft budget includes positives for the large-scale solar market, such as amending...more

Greenbaum, Rowe, Smith & Davis LLP

Latest Draft of One Big Beautiful Bill Signals Broad-Based Impacts to Alternative and Clean Energy Initiatives

On June 16, 2025, the United States Senate Committee on Finance released a reconciliation bill draft of the One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026), following its passage in the House of...more

Carey Olsen

Renewable Energies guide Bermuda (Legal 500)

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This chapter provides information about the current issues affecting renewable energy in Bermuda and addresses topics such as key regulators, government incentive schemes, key contracts, foreign investment, COP26 as well as...more

Kohrman Jackson & Krantz LLP

Ohio’s Energy Sector Gets Strategic: Matching Energy Supply with a New High-Tech Demand

Ohio has long enjoyed a competitive edge in the cost of commercial electricity. It’s deregulated market and plentiful coal and gas-fired generation keep commercial power rates near 11.25 ¢/kWh—below the national business...more

Spilman Thomas & Battle, PLLC

Currents - Energy Law Insights, V 9, Issue 6, June 2025

Welcome to our sixth issue of Currents 2025. We are covering a multitude of issues in this edition, but we want to pass along a couple of announcements first. Again, thank you for reading! Amazon and Pennsylvania Join the...more

McGuireWoods LLP

Senate Version of BBB Would Extend Runway for Renewable Energy Tax Credits, Preserve Transferability

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On June 16, 2025, the Senate Finance Committee released the text of its version of the “One Big, Beautiful Bill Act,” which would phase out the investment tax credit (ITC) under Section 48E and production tax credit (PTC)...more

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