News & Analysis as of

Geothermal Energy Energy Storage

Pillsbury Winthrop Shaw Pittman LLP

Geothermal Energy Efforts get a Boost from Texas Legislature Bills

Geothermal energy is rapidly gaining support in Texas as a viable and cost-efficient clean energy resource with substantial economic development prospects. With the ability to leverage the state’s existing oil and gas...more

Allen Matkins

Renewable Energy Update 3.28.25

Allen Matkins on

The California Public Utilities Commission (CPUC) has approved new maintenance and operation standards for battery storage resources, including requiring facility owners to develop emergency response and emergency action...more

Troutman Pepper Locke

A Thermal Storage Revolution With Nis Benn, Hyme Energy — Battery + Storage Podcast

Troutman Pepper Locke on

In this episode, host Bill Derasmo sits down with Nis Benn, the visionary co-founder and chief commercial officer at Hyme Energy. Benn shares his unique career journey that led him to revolutionize grid-scale thermal energy...more

Pillsbury Winthrop Shaw Pittman LLP

From “Energy Transition” to “Energy Security”: Assessing the Impact of the Republican Trifecta on the Energy Industry

With a renewed focus on domestic energy production and regulatory reform, the incoming administration signals significant shifts in U.S. energy and climate priorities. The incoming Trump Administration will prioritize...more

Vinson & Elkins LLP

Treasury Finalizes Highly Anticipated Guidance on the Investment Tax Credit

Vinson & Elkins LLP on

On December 4, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations [TD 10015] (the “Final Regulations”) for the energy credit available under section 48...more

Goldberg Segalla

Betting on a power-industry glow-up, Big Tech goes nuclear to stop A.I.-driven energy meltdown

Goldberg Segalla on

Artificial Intelligence is Big Tech’s newest toy. However, AI also requires massive amounts of energy to operate, which puts the industry’s climate commitments at risk. The sprawling data centers that Microsoft and other...more

Dorsey & Whitney LLP

Energy Law: Month in Review - June 2024

Dorsey & Whitney LLP on

Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

Allen Matkins

Renewable Energy Update 7.01.24

Allen Matkins on

Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of...more

Allen Matkins

Renewable Energy Update 6.06.24

Allen Matkins on

California’s utilities regulator on May 30 adopted new rules for community solar projects, despite warnings from clean energy advocates that the move will undercut efforts to expand solar power options for lower-income...more

Allen Matkins

Renewable Energy Update 2.15.24

Allen Matkins on

The California Independent System Operator (CAISO) last Thursday asked federal regulators for permission to cancel its annual interconnection study process for any interconnection requests submitted this year so it can deal...more

Allen Matkins

Renewable Energy Update 12.08.23

Allen Matkins on

New York released a new offshore wind solicitation last Thursday, seeking proposals for offshore wind and land-based renewable projects. The solicitations will support New York’s Climate Leadership and Community Protection...more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code. Section...more

Foley & Lardner LLP

IRS Releases Long-Awaited Updates to Investment Tax Credit Regulations

Foley & Lardner LLP on

Late last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released the long-awaited proposed regulations (the “Proposed Regulations”) relating to investment tax credits under Section 48 of the Code...more

White & Case LLP

Japan’s Long-Term Decarbonization Power Source Auction

White & Case LLP on

The first "Long-Term Decarbonization Power Source Auction" (the "Auction") is expected to start in Japan in January 2024. The Auction will provide a 20-year fixed revenue for newly developed power sources that contribute to...more

Allen Matkins

Renewable Energy Update - 6.29.23

Allen Matkins on

Interior Secretary Deb Haaland and Energy Secretary Jennifer Granholm traveled to Wyoming last week to celebrate work on the 732-mile TransWest Express Transmission project. The line will add 3,000 MW of transmission...more

Allen Matkins

Renewable Energy Update - 3.31.23

Allen Matkins on

Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration (EIA) announced Monday. Renewables also surpassed nuclear generation for the...more

Allen Matkins

Renewable Energy Update - 1.19.23 - #3

Allen Matkins on

The California Public Utilities Commission (CPUC) has approved three energy project contracts proposed by San Diego Gas & Electric (SDG&E), as well as four contracts proposed by Southern California Edison (SCE), that will...more

Allen Matkins

Renewable Energy Update - 1.05.23 #1

Allen Matkins on

The Inflation Reduction Act’s incentives for energy storage projects in the U.S. came into effect on January 1, 2023. Standout among those measures is the availability of an investment tax credit (ITC) for investment in...more

Allen Matkins

Renewable Energy Update - September 2022 #3

Allen Matkins on

Real-time pricing, new rates, and enabling technologies target demand flexibility to ease California outages Bullet Utility Dive – September 13 Growing California power system reliability threats made vivid by early September...more

Stoel Rives - Environmental Law Blog

Effective Immediately, California Energy Commission Jurisdiction Expands to Include Non-Thermal Projects Greater Than 50 MW

On June 30, 2022, California Governor Gavin Newsom signed Assembly Bill 205 (“AB 205”), which, among various other things, expands the siting jurisdiction of the California Energy Commission (“CEC”) to include non-thermal...more

Allen Matkins

Renewable Energy Update - June 2022 #4

Allen Matkins on

FERC plans to accelerate grid connection to new power generation T&D World – June 17 The Federal Energy Regulatory Commission (FERC) this week issued a proposed role on solving “significant current backlogs” in grid...more

Allen Matkins

Renewable Energy Update - January 2022

Allen Matkins on

Record year in 2020 for wind turbine installation in the U.S. - North American Windpower – January 3 - In both 2019 and 2020, project developers in the United States installed more wind power capacity than any other...more

Holland & Knight LLP

2020 Clean Energy Outlook

Holland & Knight LLP on

The flurry of activity at the end of 2019 demonstrates that congressional support for clean energy research and development (R&D) remains strong, as evidenced by level or increasing budgets for most of the relevant programs...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - December 2019 #2

Court Ruling Vindicates ExxonMobil in New York ‘Climate Change’ Fraud Case - “'The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or...more

Allen Matkins

Renewable Energy Update - September 2019 #4

Allen Matkins on

Focus - Landmark law that spurred growth of U.S. renewable energy market set for overhaul - Transmission & Distribution World – September 25 - A 40-year-old law that has been key to the growth of renewable energy in the...more

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