The State of Energy Storage: What You Need to Know
United States Congressman Max Miller (Ohio) and Congresswoman Valerie Foushee (North Carolina) have introduced legislation titled: Innovative Mitigation Partnerships for Asphalt and Concrete Technologies (IMPACT) Act....more
On May 31, 2023, the Internal Revenue Service (“IRS”) released Notice 2023-44 (the “Notice”), which provides additional information regarding the Qualifying Advanced Energy Project Credit Allocation Program under § 48C (e) of...more
As an update to our prior alert on this subject the Treasury Department recently released new guidance, which critically outlines the Department of Energy's (DOE) priorities and technical review criteria for the 48C(e)...more
The Inflation Reduction Act (the “IRA”) is a wide-ranging bill that includes, among other things, significant investments and reforms by the federal government in a variety of different sectors, including manufacturing,...more
The U.S. Department of Energy (DOE) announced on April 18, 2023, a $250 million funding opportunity to boost electric heat pump manufacturing in the United States. This program was introduced through the DOE’s authorization...more
McDermott continues to provide the latest market updates on the disruption and uncertainty in the energy industry. President Trump’s May 1, 2020, executive order prohibiting certain transactions involving bulk-power system...more