Congress passed the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act (ADVANCE Act) in June 2024, which includes several provisions to encourage the development of nuclear energy infrastructure....more
On July 27, 2023, the Federal Energy Regulatory Commission (FERC) unanimously voted to adopt Order No. 2023, “Improvements to Generator Interconnection Procedures and Agreements.”1 Following publication in the Federal...more
The Biden administration’s recently announced $20 billion clean energy investment marks another significant effort to combat climate change under the Inflation Reduction Act of 2022 (IRA). Vice President Kamala Harris and...more
On Aug. 16, 2022, President Joe Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes new and revised tax incentives for clean energy projects. This alert provides a summary of the IRA’s impact on...more
On Dec. 17, 2020, the U.S. Department of Energy (DOE) issued a prohibition order, in accordance with President Trump’s Executive Order 13920 of May 3, 2020 (EO). The prohibition order bars electric utilities from acquiring,...more
Virginia’s energy policy shifted significantly with Gov. Ralph Northam’s signature of the Virginia Clean Economy Act (VCEA), legislation passed by the Virginia General Assembly that became effective July 1, 2020....more
As discussed in detail in a previous McGuireWoods alert, on May 1, 2020, President Trump issued Executive Order 13920 (EO) prohibiting the acquisition, importation, transfer or installation of certain equipment tied to a...more
On May 1, 2020, President Trump declared a state of emergency with respect to the threat to the U.S. bulk-power system and issued the “Executive Order on Securing the United States Bulk-Power System.” This order prohibits the...more
Industry observers report 2019 as a record year for utility-scale solar contracts, with the market increase driven by economic competitiveness, state-level policies requiring electric utilities to increase the amount of...more
U.S. President Donald Trump on Jan. 22 issued new import tariffs on foreign-made solar cells and modules. While the tariffs may briefly disrupt the U.S. solar industry, the announcement provides much-anticipated certainty for...more