Welcome to the second 2024 issue of Currents - our e-newsletter focused on energy topics. Business today is characterized by relentless change. To assist our clients in navigating this dynamic landscape, we pride...more
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
The California Legislature voted Thursday to give Governor Gavin Newsom’s administration permission to buy massive amounts of electricity, a move aimed at avoiding blackouts by shoring up the state’s power supply while...more
Renewable energy projects share many of the same characteristics as traditional construction projects. To some extent, the approach to managing risk from a legal perspective will therefore be familiar. However, in other ways,...more
Kaua‘i Island Utility Cooperative to Develop Solar + Pumped Storage Hydro Project - On 7 January 2021, Kaua‘i Island Utility Cooperative (KIUC) signed agreements with The AES Corporation (AES) for the development,...more
Environmentalists and dam operators, at war for years, start making peace - The New York Times – October 13 - The National Hydropower Association and several environmental groups announced an agreement this Tuesday to...more
On December 20, 2019, the President signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the “Act”), which extends the current production tax credit (PTC) for wind for an additional year. The Act extends the...more
Recently, Massachusetts Governor Charlie Baker signed into law an omnibus energy bill H.4568 that will provide Massachusetts electricity customers with the benefit of electricity produced by offshore wind and hydropower...more
Last Sunday, the Massachusetts Legislature passed a compromise energy bill to significantly increase electricity produced by renewable energy sources. The state’s utilities will be required to purchase power from on and...more
Overview - Late Sunday night, the Massachusetts Legislature passed a compromise energy bill that will significantly increase electricity produced by offshore wind, hydropower and other renewable energy sources. The...more
This week a draft of the long-awaited Massachusetts energy bill was reported out of the Joint Committee on Telecommunications, Utilities and Energy. The bill would require the Commonwealth’s distribution companies to...more
When one thinks of offshore renewable energy, one usually thinks of offshore wind. For the first time progress is being made in the U.S. to develop offshore wind resources. The first steel foundation jacket has been placed in...more