News & Analysis as of

Guidance Update Department of Energy (DOE)

Akin Gump Strauss Hauer & Feld LLP

IRS Updates PTC and ITC Domestic Content Bonus Guidance

On May 16, 2024, the Internal Revenue Service (IRS) issued further guidance (Notice 2024-41, the Additional Notice) intended to provide clarity and certainty surrounding the domestic content1 bonus credit by (among other...more

Bracewell LLP

Treasury Department and IRS Release Additional Guidance for the Advanced Energy Project Credit Allocation Program

Bracewell LLP on

On May 31, 2023, the Treasury Department and the Internal Revenue Service (IRS) released Notice 2023-44 (the Notice). The Notice provides additional guidance for the new program under Section 48C(e) created by the Inflation...more

Foley & Lardner LLP

IRS Releases Guidance on Low-Income Community Credit Adder

Foley & Lardner LLP on

On February 13, 2023, the Department of Treasury and the Internal Revenue Service released Notice 2023-17, providing a high-level overview of the program to be established under Section 48(e) of the Internal Revenue Code (the...more

Pillsbury Winthrop Shaw Pittman LLP

Department of Energy Issues Updated Guidance for Civil Nuclear Credit Program Applicants

DOE’s revised Guidance potentially expands eligibility for reactors that derive partial revenues from competitive markets and extends the application deadline to September 6, 2022. The Department of Energy (DOE) has...more

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

Hydroelectric Incentive Payment Requirements: U.S. Department of Energy Notice of Availability of Guidance

The United States Department of Energy (“DOE”) published a May 21st Federal Register Notice referencing the availability of updated guidance describing the hydroelectric incentive payment requirements. See 84 Fed. Reg. 23043....more

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

Hydroelectric Incentive Program: U.S. Department of Energy Announces Updated Guidance

The United States Department of Energy (“DOE”) published a June 20th Federal Register notice announcing updated Guidance for the hydroelectric components of the Energy Policy Act of 2005 program. See 83 Fed. Reg. 28629. ...more

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