On April 30, 2024, the Department of the Treasury issued final regulations on tax credit transfers that allow hydrogen producers to sell tax credits earned under § 45V of the Inflation Reduction Act (IRA). Section 6418 of the...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
Jobs in the U.S. energy industry rose 3.8% last year, faster than overall employment growth and led by work in clean energy, the Department of Energy said last Wednesday. According to the U.S. Energy and Employment Report,...more
As the climate crisis continues, we're now on the verge of meeting our energy needs through a combination of water, wind, and sun generated electricity. Sadly many Federal and State permits are needed to get that cleaner...more
The United States Energy Information Administration (“EIA”) issued a September 9th report titled: In the First Half of 2022, 24% of U.S. Electricity Generation Came from Renewable Sources (“Report”) ...more
The United States Energy Information Administration (“EIA”) issued an August 16th report titled: EIA Expects Renewables to Account for 22% of U.S. Electricity Generation in 2022 (“Report”) ...more
Pursuing and developing clean, renewable energy continues to play an important role in economic development momentum across the U.S. As states across the Southeast continue to grow their energy independence by prioritizing...more
The new infrastructure law includes key opportunities for institutions of higher education, including through new grant programs and opportunities to partner on research and pilot projects. Rural institutions of higher...more
In docket R.20-05-003, its Integrated Resource Planning (IRP) proceeding, the California Public Utilities Commission is considering its preferred portfolio of new resources for the next ten years. A lengthy administrative...more
The United States Energy Information Administration (“EIA”) announced in a July 28th article that: - Renewables Became the Second-Most Prevalent U.S. Electricity Source in 2020 (“Article”)...more
The Mexican President’s preferential Bill to Reform the Electricity Industry Law has passed both Houses of the Mexican Congress without changes and is now applicable law (the Reformed Electricity Law or the Law). As we...more
President Andres Manuel López Obrador has sent to the House of Representatives a preferential bill to reform the Electricity Industry Law, which Congress will be required to discuss in the next 60 days....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
As the US continues to be more successful in reducing CO2 emissions than the parties to the Paris Climate Accord, those who would do the St. Vitus dance on the grave of the domestic oil and gas industry should consider the...more
U.S. sitting on 145 GW of unused commercial solar potential, according to new Wood Mackenzie study - Bullet Greentech Media – August 10 - Wood Mackenzie is forecasting a 32 percent drop in commercial solar...more
On May 27, 2020, the IRS issued Notice 2020-41, which responds to industry-wide supply chain disruptions due to the COVID-19 pandemic by giving renewable energy developers additional time to complete their projects. Most...more
ASEAN: An Economic Powerhouse - The combined gross domestic product (GDP) of the 10 member states of the Association of Southeast Asian Nations (ASEAN) stands at $2.8 trillion—equivalent to ranking fifth in the world’s...more
The production tax credit for renewable wind projects under Section 45 of the Internal Revenue Code of 1986 (the "PTC" and "Code") has been extended by one year pursuant to a 2019 year-end federal government budget...more
South Africa's Integrated Resources Plan 2019 ("IRP") continues to espouse the need to balance supply and demand on a least-cost basis, and gives limited guidance in relation to the "Where from here?"...more
The world will get half its power from wind, solar by 2050 - Nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet. That titanic...more
Senegal takes delivery of wind turbines for its first large-scale wind farm' - Last week, Vestas wind turbines and components arrived at Port Autonome de Dakar for West Africa's first large-scale wind farm. ...more
IEA says world cannot "press pause" on renewables, as capacity growth stalls - The International Energy Agency (IEA) has expressed concern over the “unexpected flattening” of renewable-energy capacity additions in 2018,...more
Investec’s ZAR 1bn fund to buy up stakes in South African green power projects - The investment vehicle, set up with UK Climate Investments, wants equity in operating renewable energy projects....more
How DC Unleashed Fossil-Fuel Exports Despite Climate Worries - "Since Donald Trump took office in 2017, exports of LNG and crude oil have surged, rivaling the likes of Saudi Arabia and Russia." Why this is important: The...more