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Haynes Boone

Shipping and Energy Newsletter - Summer 2025

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In this edition, we explore some of the strategic questions shaping conversations in the energy sector today and provide you with tools and information that will be helpful when entering into contracts....more

Jones Day

One Big Beautiful Bill Act— Impact on Energy Tax Credits

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The One Big Beautiful Bill Act (the “OBBBA”), which was passed on July 4, 2025, included several changes to the energy tax credits introduced and expanded by the Inflation Reduction Act of 2022 (the “IRA”). The key changes to...more

Knobbe Martens

Horizon Aircraft and ZeroAvia Partner to Explore Hydrogen-Electric Powertrain for eVTOLs

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Horizon Aircraft and ZeroAvia announced this week plans to explore using ZeroAvia’s ZA600 hydrogen-electric powertrain in Horizon Aircraft’s Cavorite X7 vertical take-off and landing (VTOL) aircraft. According to ZeroAvia’s...more

Holland & Knight LLP

IRS Releases 2025 Inflation Adjustments for Sections 45U, 45V and 45Z

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The IRS on July 21, 2025, released Notice 2025-37, announcing the inflation-adjusted credit amounts for calendar year 2025 applicable to tax credits available under Internal Revenue Code Sections 45U, 45V and 45Z, which were...more

Orrick, Herrington & Sutcliffe LLP

Fuelling a Greener Future? Navigating the Promise and Pitfalls of Hydrogen Fuel Cells

Members of the Orrick team attended the Paris Airshow in June 2025.  This event showcased all aspects of the aviation supply chain.  One of the most talked about elements was the potential for hydrogen fuel cells as part of a...more

McCarter & English, LLP

One Big Beautiful Bill Act Tax Law Updates—Energy Sector

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), which includes a number of tax law changes that directly impact the energy industry. A significant number of the...more

Greenbaum, Rowe, Smith & Davis LLP

Passage of One Big Beautiful Bill Act Creates Opportunities and Issues for Alternative and Clean Energy Initiatives

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act, following its passage out of the U.S. Senate by the slimmest of margins (51-50) requiring the vote of the Vice President to break the...more

Ropes & Gray LLP

Energy Transition: Navigating Europe's Short-Term Volatility and Long-Term Gains

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It might appear as though investors are struggling to see how to make the energy transition profitable, but European investor appetite hasn’t waned for the right transaction. Below we consider some topical issues and risk...more

Allen Matkins

California Continues to Promote Clean Energy Transition Despite Federal Backstepping on Clean Energy and Hydrogen Funding

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The first quarter of 2025 has been marked by a turbulent transition between presidential administrations as indicated by regulatory course reversals, and clean energy regulations have been no exception. On January 20, 2025,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Law Insights, V 9, Issue 6, June 2025

Welcome to our sixth issue of Currents 2025. We are covering a multitude of issues in this edition, but we want to pass along a couple of announcements first. Again, thank you for reading! Amazon and Pennsylvania Join the...more

Davis Wright Tremaine LLP

UPDATE: Senate Joins House in Targeting Solar and Wind—But Pushes Back on Storage, Geothermal, and Hydropower

On June 16, the Senate Finance Committee released its version of the tax provisions of the Reconciliation Bill. Like the House version (H.R. 1) passed on May 22, the Senate version targets solar and wind tax incentives for...more

Troutman Pepper Locke

Tax Credit Implications of the One Big Beautiful Bill Act

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On May 22, the U.S. House of Representatives passed an amended version of H.R. 1—the One Big Beautiful Bill Act (the Bill) — by a vote of 215-214. The House-passed version of the bill, slated to be considered by the Senate...more

A&O Shearman

Key takeaways from PLN’s 2025-2034 Electricity Supply Business Plan

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On May 26, 2025, Indonesia’s minister of energy and mineral resources (MEMR) held a press conference themed “Increasing Security and Sustainability of National Energy” to announce the launch of PLN’s 2025-2034 Electricity...more

Jones Day

The One, Big, Beautiful Bill: Impact on Clean Energy Tax Credits

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The One, Big, Beautiful Bill would significantly limit tax credits for clean energy and manufacturing introduced or expanded under the Inflation Reduction Act of 2022....more

Bennett Jones LLP

How Alberta is Shaping the Future of Energy Solutions

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On Monday, May 12, 2025, more than 80 stakeholders gathered for an energy innovation event hosted by Energy Storage Canada, in collaboration with the Canadian Nuclear Association and the Canadian Hydrogen Association. The...more

White & Case LLP

Summary of FERC Meeting Agenda for May 2025

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Summaries of the agenda items for the Federal Energy Regulatory Commission’s monthly open meeting to be held on May 15, 2025, pursuant to the sunshine notice released on May 8, 2025. In this issue… - Electric Items -...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Client Feature — Vema Hydrogen

This month, we are excited to feature Vema Hydrogen, a startup whose mission is to revolutionize the hydrogen industry by producing Stimulated Geologic Hydrogen, offering the world clean, abundant, and cheap H2 to help...more

Morgan Lewis

Treasury Department Releases Final Regulations Applicable to the Hydrogen Tax Credits

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On January 3, 2025, the US Department of the Treasury released final Treasury regulations applicable to the hydrogen production tax credit under Section 45V and the investment tax credit for hydrogen production facilities...more

BCLP

Green Hydrogen: Opening of the Tendering Procedure for Financial Aid

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The hydrogen industry is starting 2025 on a brighter note after what has been described by the industry as a “blank year”. Since 2021, France has planned to give a financial aid to selected producers of renewable and...more

Hogan Lovells

Energy Buzz: Gas shipper obligation

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The UK government is advancing its commitment to a low-carbon economy by proposing a levy on gas shippers (the Gas Shipper Obligation (GSO)), a funding mechanism designed to support the Hydrogen Production Business Model...more

Latham & Watkins LLP

IRS Finalizes Hydrogen Tax Credit Regulations

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The final regulations adopt the general framework established in the proposed regulations issued in December 2023, but with several significant modifications....more

K&L Gates LLP

Department of the Treasury and the Internal Revenue Service Issue Final Regulations on Section 45V Clean Hydrogen Production Tax...

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On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final Rules) implementing the Section 45V Clean Hydrogen Production Tax Credit (Section 45V tax...more

Bracewell LLP

France Launches Long-Awaited Procedure to Support the Production of Renewable or Low-Carbon Hydrogen

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Just before Christmas, France took another major step forward in its decarbonization strategy with the launch of the competitive bidding procedure designed to award financial support for the production of renewable or...more

Hogan Lovells

Treasury issues final section 45V clean hydrogen production credit rules

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Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both for electrolytic and methane-based hydrogen, but also impose new hurdles in...more

BCLP

Low Carbon Hydrogen in the UK - a Universal Solution?

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The scaling up of low carbon hydrogen technologies will be crucial for achieving the UK’s Net Zero target by 2050 and a sustainable energy future. Historically, hydrogen has been produced from fossil fuels and utilised across...more

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