News & Analysis as of

Energy Sector Inflation Reduction Act (IRA) Electricity

Troutman Pepper

Navigating Clean Hydrogen Tax Credits: Insights and Implications - Energy Law Insights

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Dive into the complexities of clean hydrogen production and the associated tax credits with Troutman Pepper Partners Anne Loomis and Mindy McGrath. In this video, they explore the Inflation Reduction Act’s new production tax...more

BakerHostetler

Proposed Regulations - Clean Electricity Production and Investment Credits (45Y and 48E)

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The IRS and Treasury on June 3 issued proposed regulations under Sections 45Y and 48E (proposed regulations), which address clean electricity production and investment tax credits, respectively, that generally replace...more

Foster Garvey PC

Unlocking Clean Energy Investments: New Elective Payment Credits for State and Local Governments

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State and local governments undertaking clean energy projects may be eligible for cash payments equal to the renewable electricity production tax credit or energy investment tax credit that would have been available to a...more

Wilson Sonsini Goodrich & Rosati

Clean Energy and Climate Solutions Federal Funding Database

Wilson Sonsini is pleased to share our January 2024 update to the Clean Energy and Climate Solutions Federal Funding Database. This month, the database features funding opportunity announcements (FOAs), notices of intent...more

Troutman Pepper

The Capacity Crunch, Part Two: Public Utilities, Resource Planning & Deployment, and the IRA

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The IRA provides a suite of federal incentives and funding opportunities potentially relevant to all industry participants, including public utilities, public utility holding companies, independent power producers, and...more

Troutman Pepper

The Capacity Crunch, Part One: Reliability and Decarbonization in the Short Term

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The capacity crunch brings with it a host of issues and tensions, particularly between the concepts of reliability and decarbonization in the short term. In part one of this three-part series, Troutman Pepper Partner Brian...more

Troutman Pepper

Financing Future Trends in Storage With George Koutsonicolis, SOLIC Capital - Battery + Storage Podcast

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In this episode, host Bill Derasmo is joined by George Koutsonicolis from SOLIC Capital Advisors, to discuss the growing global focus on energy storage, the role of battery storage in the renewable energy transition, and the...more

Farella Braun + Martel LLP

[Event] Unlocking Clean Hydrogen: What Should Treasury’s Guidance Be for Hydrogen Production Tax Credit Eligibility? - October...

The Inflation Reduction Act (IRA), passed just over a year ago, contains a clean hydrogen production tax credit of up to $3/kg. However, guidance from the Treasury as to what qualifies for the clean hydrogen tax credit...more

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

Electricity Sector Emissions Impacts of the Inflation Reduction Act: U.S. Environmental Protection Agency Assessment of Projected...

The United States Environmental Protection Agency (“EPA”) announced on September 12th the issuance of a September 2023 report titled: Electricity Sector Emissions Impacts of the Inflation Reduction Act: Assessment of...more

Fox Rothschild LLP

ESG Essentials: What You Need To Know Now - Episode 15 - Climate Week NYC

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Get excited for Climate Week NYC with Rich Deming, CEO of East Energy Renewables, and episode host Karen Davis, Co-Chair of Fox Rothschild’s ESG Group. Listen to a sneak peek of the topics to be discussed in the Fox...more

DarrowEverett LLP

What IRS’s Low-Income Adder Guidance Means For Renewables Projects

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The Inflation Reduction Act of 2022 (the “Act”) breathed new life into the tax scheme for renewable energy projects, creating a new base tax credit with a series of adders that can significantly increase viability of projects...more

Troutman Pepper

How Battery Technology Is Changing the Game

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From the genesis of the popular Battery + Storage Podcast to the current interconnection issues, Troutman Pepper Partners Amie Colby and Bill Derasmo discuss a wide range of leading-edge topics impacting battery and storage...more

Bricker Graydon LLP

Ohio General Assembly Modifies Tax Abatements for Renewable Projects

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The primary property tax abatement used by renewable energy projects in Ohio is the Qualified Energy Project (QEP). Originally passed in 2010 (128-SB-232), the QEP program enables qualifying projects to receive an abatement...more

Troutman Pepper

The Challenges and Opportunities of Interconnection and Transmission of Renewable Energy

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The boost enabled by the Inflation Reduction Act has, to some extent, been counterbalanced by a range of transitional issues. In this video, Troutman Pepper Partners Brian Harms and Fred Wilson discuss these top-of-mind...more

Vinson & Elkins LLP

The Federal Government’s High-Wire Act: Setting FERC up to Employ its Transmission Siting Backstop Authority

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Much of the nation’s electric transmission grid is old and deteriorating, designed well before the recent transition from coal and oil-fired generation to renewable and distributed generation. There is widespread agreement...more

Perkins Coie

Biden Administration Takes Steps To Accelerate Transmission Permitting

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The Biden administration (the Administration) has set ambitious goals to reduce U.S. greenhouse gas emissions to at least 50% below 2005 levels by 2030 and to reach net-zero emissions by 2050. To achieve these ends, the...more

Troutman Pepper

Monetizing Opportunities in Energy Storage in a Post-IRA World

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The Inflation Reduction Act has ushered in a variety of new products, opportunities, and potential investors. Troutman Pepper Partners Vaughn Morrison and John Leonti discuss the opportunities and challenges that accompany an...more

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

United States Electric Capacity Mix - Fossil Fuels/Renewables: U.s. Energy Information Administration Report

The United States Energy Information Administration (“EIA”) issued an April 13th report titled: U.S. Electric Capacity Mix Shifts from Fossil Fuels to Renewables in AEO2023 (“Report”)...more

Morgan Lewis

The Rise of Energy Storage

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Energy storage: the technology that will cash the checks written by the renewable energy industry. Energy storage can transform intermittent clean energy—primarily derived from wind and solar—into a reliable source of 24/7...more

Morgan Lewis

Key Considerations for Utility-Scale Energy Storage Procurements

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It’s generation . . . it’s transmission . . . it’s energy storage! The renewable energy industry continues to view energy storage as the superhero that will save it from its greatest problem—intermittent energy production and...more

Perkins Coie

Hydrogen Time? New Possibilities for Energy Companies in the Public Sector

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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

Morgan Lewis - Power & Pipes

Energy Trends and Traps That Will Shape 2023

While no one has a crystal ball for what 2023 will hold for the energy industry, the seemingly widespread support for green technology and clean energy is expected to carry through this year. In our industry outlook, “The...more

Troutman Pepper

EV Tech Series: The Inflation Reduction Act’s Impact on the Energy Industry With Judy Kwok and Marc Machlin - Battery + Storage...

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The Inflation Reduction Act of 2022 (IRA) is the most significant legislation related to climate change in U.S. history. With it comes significant tax implications for the clean energy industry, including renewables, storage,...more

Skadden, Arps, Slate, Meagher & Flom LLP

Growing Opportunities in Clean Hydrogen

Key Points Hydrogen fuel has long been considered a potential clean alternative to fossil fuels because the only byproduct from the combustion of hydrogen is water. However, traditional methane-based hydrogen production...more

K&L Gates LLP

Welcome to the Tax Credit Revolution: New Opportunities for the Energy Industry in the Inflation Reduction Act

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On 16 August 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (IRA). While not as expansive as the Build Back Better Act, the IRA has the potential to dramatically accelerate the energy transition in the...more

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