News & Analysis as of

Energy Storage Biden Administration

Allen Matkins

Renewable Energy Update 6.03.24

Allen Matkins on

The California Independent System Operator’s board on May 23 approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers. Transmission projects to access clean energy...more

Perkins Coie

DOE Proposes Rule for More Efficient Environmental Review of Clean Energy Projects

Perkins Coie on

The U.S. Department of Energy (DOE) proposed to amend its National Environmental Policy Act (NEPA) procedures on November 16, 2023, to include a new categorical exclusion for certain energy storage systems and to expand its...more

Allen Matkins

Renewable Energy Update 11.10.23

Allen Matkins on

Interior Secretary Deb Haaland announced the advancement of 15 new renewable energy projects in the western U.S., including a 500 MW photovoltaic facility in Riverside County, which was fully operational Friday, as well as...more

Allen Matkins

Renewable Energy Update 10.19.23

Allen Matkins on

The Biden administration is putting almost $3.5 billion into improving the strength and resiliency of the U.S. electric grid, government officials said on Wednesday. The money is coming from the Bipartisan Infrastructure Law,...more

Allen Matkins

Renewable Energy Update 10.06.23

Allen Matkins on

The California Independent System Operator (CAISO) is the strongest market in the U.S. when it comes to using energy storage for renewable integration, grid optimization, and electrification and decentralization, with a 43.7...more

Allen Matkins

Renewable Energy Update 9.29.23

Allen Matkins on

The Biden administration hopes to create a commercial nuclear fusion facility within 10 years as part of the nation’s transition to clean energy, U.S. Energy Secretary Jennifer Granholm said on Monday. Fusion works by...more

BakerHostetler

Inflation Reduction Act Provides Boost and Benefits to Carbon Capture Utilization and Storage Industry

BakerHostetler on

​​​​​​​The newly passed Inflation Reduction Act of 2022 (IRA) is poised to transform the carbon capture utilization and storage (CCUS) industry through significant tax credits and benefits, including through enhancements to...more

K&L Gates LLP

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

K&L Gates LLP on

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

Morgan Lewis - Power & Pipes

Biden Invokes Defense Production Act to Secure EV Battery Supply Chain

US President Joseph Biden issued a directive to the secretary of defense on March 31, invoking the Defense Production Act (DPA) to spur the domestic production of critical minerals needed to produce large-capacity batteries...more

Allen Matkins

Renewable Energy Update - February 2022

Allen Matkins on

California utilities commission won’t vote on controversial rooftop solar bill ‘until further notice’ Bullet The San Diego Union-Tribune – February 3 A vote on a controversial proposal that would dramatically change the...more

King & Spalding

Acquiring and Defending Carbon Storage Rights

King & Spalding on

Carbon Capture and Sequestration (“CCS”), one form of which is known as Direct Air Capture, captures carbon dioxide (CO2) from man-made sources before CO2 is released into the atmosphere. The captured CO2 is then injected...more

Allen Matkins

Renewable Energy Update - December 2021 #4

Allen Matkins on

Renewable energy became the second-most prevalent U.S. electricity source in 2020 - Solar Industry Magazine – December 23 - In 2020, renewable energy sources – including wind, hydroelectric, solar, biomass, and geothermal...more

Allen Matkins

Renewable Energy Update - December 2021 #3

Allen Matkins on

Biden signs order for federal government to achieve net-zero by 2050 - The Hill – December 8 - President Biden last week signed an executive order that directs the federal government to achieve a goal of net-zero...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Updates - December 2021

President Biden has signed into law the Infrastructure Investment and Jobs Act (IIJA), the bipartisan infrastructure bill approved by the Senate in August and the House of Representatives in November. With a price tag of $1.2...more

Mayer Brown

US House Rules Committee Modifies the “Build Back Better Act”

Mayer Brown on

In less than a week, the Rules Committee of the US House of Representatives (the “Rules Committee”) released two versions of modified legislative text of H.R. 5376, the Build Back Better Act. The first version was released on...more

Allen Matkins

Renewable Energy Update - September 2021 #3

Allen Matkins on

Biden administration launches new effort to help communities with energy transition - The Hill – September 15 - The U.S. Department of Energy is launching a new initiative aimed at helping communities transition away...more

Allen Matkins

Renewable Energy Update - September 2021 #2

Allen Matkins on

BLM announces plans to revise regulations for solar and wind on public lands - The Hill – August 31 - The Biden administration announced that it would "revise" regulations pertaining to renewable energy on public...more

Mayer Brown

Energy Storage Tax Credits in the Biden Administration FY 2022 Budget, GREEN Act and Clean Energy for America Act

Mayer Brown on

As the renewable energy sector has grown in recent years, thanks in part to federal income tax credits, researchers and policymakers have begun to focus on the role of energy storage. Because wind and solar are intermittent...more

Allen Matkins

Renewable Energy Update - June 2021

Allen Matkins on

Biden proposes more than $2B for clean energy infrastructure, $14B+ increase in climate spending - Utility Dive – June 1 - President Joe Biden's proposed 2022 budget calls for increased spending on climate mitigation,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 5, Issue 20

Welcome to Volume 5, Issue 20 of Currents. In this issue, we discuss major and interesting topics such as IGCC coal power, BP and solar projects, using coal substitutes, Republican investments in EVs, cofiring, secure mineral...more

Allen Matkins

Renewable Energy Update - May 2021 #4

Allen Matkins on

Biden administration unveils offshore wind plan for California - Los Angeles Times – May 25 - The federal government plans to open more than 250,000 acres off the California coast to wind development, the Biden...more

McDermott Will & Emery

Why 2030 is the New 2050 after the Leaders Climate Summit and What President Biden’s Accelerated Transition to a Sustainable...

McDermott Will & Emery on

2030 is the new 2050 as US President Joe Biden has officially set a new goal for fighting climate change over the next decade in the United States. At the Leaders Climate Summit (the Summit) on Earth Day, he announced that...more

Allen Matkins

Renewable Energy Update - April 2021 #4

Allen Matkins on

Biden pledges to slash greenhouse gas emissions in half by 2030 - CNBC – April 22 - On Earth Day, President Joe Biden pledged to reduce U.S. greenhouse gas emissions in half by 2030, in the latest push by the...more

Allen Matkins

Renewable Energy Update - April 2021 #3

Allen Matkins on

Hundreds of U.S. and European companies and investors urge Biden to hike climate target - Reuters – April 12 - Hundreds of U.S. and European companies and investors, including Walmart, Apple, General Electric, and...more

Pillsbury Winthrop Shaw Pittman LLP

American Jobs Plan Proposes $2 Trillion in Infrastructure Spending

President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy. President Biden announced the American Jobs Plan...more

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