This is the first article in Womble Bond Dickinson’s Energy & Natural Resources thought leadership series titled “Going Nuclear: A Sustainable Solution to Rising Energy Demand.” The series will explore the changing landscape...more
As a follow-up to our previous client alert, President Biden has signed the ADVANCE (Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy) Act into law. The ADVANCE Act is aimed at speeding up the...more
Energy is the cornerstone of our society and its availability, or lack thereof, touches every corner of our lives and impacts every business, regardless of sector. The availability of affordable energy on-demand is essential...more
5/10/2024
/ Clean Energy ,
Climate Change ,
Construction Industry ,
Critical Infrastructure Sectors ,
Electric Vehicles ,
Energy Projects ,
Inflation Reduction Act (IRA) ,
Information Reports ,
Infrastructure ,
Investment Opportunities ,
Manufacturers ,
Net Zero ,
Power Grid ,
Regulatory Standards ,
Renewable Energy ,
Sustainable Business Practices ,
Tax Credits ,
Transportation Industry
Womble Bond Dickinson (WBD)’s 2024 Energy Transition Outlook Survey Report points to a new phase in the multi-generational journey to Net Zero. While 56% of our respondents are deepening their focus on their transition...more
11/14/2023
/ Climate Change ,
Commodities ,
Electric Vehicles ,
Energy Information Association (EIA) ,
Energy Sector ,
Energy Storage ,
Information Reports ,
Net Zero ,
Oil & Gas ,
Popular ,
Power Grid ,
Renewable Energy ,
Solar Energy ,
Strategic Planning ,
Surveys ,
Wind Power
Although reliance on coal has been declining, even in 2021, coal still supplied over 10% of the United States’ energy consumption, according to the EIA. But, in a matter of approximately 15 years, many hope that Verne’s...more
Today, the White House and the U.S. Department of Energy announced the latest steps in a long-term plan to grow low-cost, clean hydrogen.
The joint announcement identified seven regional clean hydrogen hubs. These hubs...more
10/16/2023
/ Biden Administration ,
Clean Energy ,
Climate Change ,
Energy Policy ,
Energy Projects ,
Energy Sector ,
Federal Funding ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Job Creation ,
Net Zero ,
Renewable Energy
Transitioning the global economy out of its current reliance on fossil fuels is a massive, complex and nuanced undertaking. Fossil fuels represent 80% of current global energy consumption. The market for them is more than $6...more
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022, paving the way for the largest investment in clean energy development and climate change mitigation in U.S. history. The Act will provide...more
8/25/2022
/ Biden Administration ,
Clean Energy ,
Climate Change ,
Energy Tax Incentives ,
Federal Funding ,
Greenhouse Gas Emissions ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Incentives ,
Solar Energy ,
Tax Credits ,
Wind Power
Seven years after the first windmill was erected in Block Island, RI, most of the growth in US offshore wind has been focused on the Northeast and, increasingly, the Mid-Atlantic states. But North Carolina is beginning to...more
Few industries have the growth potential to match that of the offshore wind industry. A March 2020 report by the American Wind Energy Association found that by 2030, the US offshore wind industry is expected to account...more
7/24/2020
/ BOEM ,
Clean Air Act ,
Clean Energy ,
Economic Growth ,
Energy Projects ,
Energy Sector ,
NEPA ,
Offshore Wind ,
Popular ,
Public Utility ,
Renewable Energy ,
Wind Power
The August 9, 2019 decision to require a supplemental environmental impact statement (EIS) for the Vineyard Wind Project sent shock waves through the nascent US offshore wind industry. The initial EIS had been scoped years...more