On 19 October 2023, the Federal Energy Regulatory Commission (FERC) issued a final rule directing the North American Reliability Corporation (NERC) to develop new or modified reliability standards to tackle the issue of grid...more
The results of the Bureau of Ocean Energy Management’s (BOEM’s) recent auction of the Gulf of Mexico (Gulf) lease areas sharply depart from recent auctions and may signal uncertainty about current prospects for offshore wind...more
The U.S. offshore wind market has surged in growth over the last few years, bolstered by the U.S government’s commitment in 2021 to increase offshore wind lease capacity as well as the Biden Administration’s declaration that...more
4/26/2022
/ Asset Management ,
Biden Administration ,
BOEM ,
Energy Policy ,
Energy Projects ,
Energy Sector ,
FERC ,
Offshore Wind ,
Project Finance ,
Regulatory Requirements ,
Renewable Energy ,
Wind Farm ,
Wind Power
The Bureau of Ocean Energy Management (BOEM) will hold its next offshore wind lease auction on 11 May 2022, for two lease areas in the Carolina Long Bay. The lease areas comprise 110,091 acres off the coast of North and South...more
Offshore wind is in high demand, as evidenced by the US$4.37 billion in winning bids generated in the recent federal government auction of lease blocks in the New York Bight. On a per-acre basis, the provisional winners were...more
The K&L Gates Power practice is pleased to present the latest edition of the Energy Storage Handbook.
This handbook is an annually updated primer on what energy storage is, how it is regulated by U.S. federal and state...more
1/27/2022
/ Batteries ,
Clean Energy ,
CPUC ,
Department of Energy (DOE) ,
Electricity ,
Energy Sector ,
Energy Storage ,
FERC ,
Hydrogen Power ,
ISO/RTO ,
Renewable Energy ,
Tax Credits
As a courtesy to our clients and friends, the K&L Gates Power practice has updated the Energy Storage Handbook.
This Energy Storage Handbook is designed to be a basic primer on what energy storage is, how federal and state...more