News & Analysis as of

Offshore Wind Inflation Reduction Act (IRA) Renewable Energy

Morgan Lewis

Renewables Under the New Administration: Navigating an Uncertain Roadmap

Morgan Lewis on

Recent policy shifts at the federal level have introduced significant variability to the US renewable energy sector. While demand for clean energy continues to grow, executive orders, regulatory changes, and evolving...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — May 2025

In April, we marked the Trump administration’s first 100 days and, with it, a continued sweeping recalibration of federal energy and environmental policy with aggressive efforts to curtail government spending, restructure key...more

Kilpatrick

4 Key Takeaways | Recent Tax Incentives to Foster Energy Transition and Their Expected Impact in Energy Projects Worldwide

Kilpatrick on

Kilpatrick’s John Pierce recently joined a panel of other thought leaders from Japan, Switzerland, Brazil, and India to discuss “Recent Tax Incentives to Foster Energy Transition and their Expected Impact in Energy Projects...more

Ropes & Gray LLP

What’s Ahead for Solar and Wind in 2025: Insights from Infocast Summit

Ropes & Gray LLP on

What role will solar, wind and storage technologies play in addressing the pending “energy emergency” in the United States, and how is the industry responding to heightened policy uncertainty stemming from the new federal...more

Jones Day

Back to the Laboratories: U.S. State Climate Initiatives Amid Federal Transition

Jones Day on

While federal policymaking has already begun to shift away from the climate change programs of the Obama and Biden administrations, many states are expected to continue pursuing expansive climate policies and building upon...more

Allen Matkins

Renewable Energy Update 2.21.25

Allen Matkins on

Clean energy installations in the U.S. reached a record high last year, with the country adding 47% more capacity than in 2023, according to new research from energy data firm Cleanview. Boosted by tax credits under the...more

Husch Blackwell LLP

Trump Executive Actions Impacting Renewable Energy

Husch Blackwell LLP on

On President Trump’s first and second days in office, the new administration released a flurry of executive actions, in the form of both memorandums and executive orders, focused on the energy industry:...more

Foley Hoag LLP - Energy & Climate Counsel

A Fossil-Forward U.S. Energy Policy Begins to Take Shape under Trump

President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...more

Pillsbury Winthrop Shaw Pittman LLP

Trump 2.0: The Changing Landscape of Renewable Energy Regulation

The Trump administration is expected to take quick and decisive action to weaken the IRA once he takes office. Trump’s vow to end delays in federal drilling permits and leases for oil and gas production could benefit...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - May 2024 #5

Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Allen Matkins

Renewable Energy Update 5.15.24

Allen Matkins on

The Federal Energy Regulatory Commission on Monday approved a long-awaited rule to make it easier to transmit renewable energy such as wind and solar power to the electric grid — a key part of President Joe Biden’s goal to...more

Allen Matkins

Renewable Energy Update 5.07.24

Allen Matkins on

Governor Gavin Newsom said on April 25 that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat...more

Troutman Pepper Locke

Latest Energy Communities Guidance Buoys Offshore Wind, but Navigation Hazards ‎Remain

Troutman Pepper Locke on

On March 22, 2024, the IRS issued additional guidance (Notice 2024-30) on the energy communities provision of the Inflation Reduction Act. This latest guidance is narrowly focused on two topics: (1) expanding the “hook” by...more

Allen Matkins

Renewable Energy Update 3.28.24

Allen Matkins on

The U.S. Department of Treasury on March 22 issued guidance that further defined what qualifies as an “energy community” under the Inflation Reduction Act, clarifying where developers can site projects to qualify for the...more

Allen Matkins

Renewable Energy Update 3.07.24

Allen Matkins on

The U.S. Department of the Treasury and IRS have released final rules on Inflation Reduction Act provisions that aim to expand the reach of the clean energy tax credits. The Act created the new elective pay and...more

Allen Matkins

Renewable Energy Update 12.21.23

Allen Matkins on

The Bureau of Ocean Energy Management (BOEM) will be conducting a regional environmental review of potential development activities on the five offshore wind lease areas off California’s central and north coasts....more

Troutman Pepper Locke

Treasury Issues Proposed Regulations ‎‎on Expanded ITC Under Inflation Reduction Act, ‎Boosting ‎‎Storage, Offshore Wind

Troutman Pepper Locke on

On November 17, 2023, the Internal Revenue Service (“IRS”) and the U.S. Treasury Department (“Treasury”) issued Proposed Treasury Regulations (REG-132569-17) (the “Proposed Regulations”) providing guidance and amending...more

Flaster Greenberg PC

New Jersey's Wind Dreams Collapse - What Now?

Flaster Greenberg PC on

Since he took office in 2018, New Jersey Governor Phil Murphy has been a strong supporter of renewable energy, and an ardent opponent of natural gas development. One of Murphy’s cornerstone projects has been a massive bet on...more

StoneTurn

There’s Still Time to Maximize Inflation Reduction Act Incentives

StoneTurn on

It has been just over a year since the Inflation Reduction Act (“IRA” or “The Act”) was passed. This monumental piece of legislation for the clean energy industry provides hundreds of billions of dollars to build a clean...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — September 2023

Bipartisan Infrastructure Law & Inflation Reduction Act Opportunities - Visit our Energy Funding Matrix for a roundup of various clean energy opportunities. We update the matrix on a biweekly basis and welcome any...more

Seward & Kissel LLP

Government Tax Incentives for Offshore Wind Investments

Seward & Kissel LLP on

Background Offshore wind investments have become increasingly popular within the renewable energy sector due to the vital role they play in the global transition to clean energy. United States congress has created federal tax...more

Troutman Pepper Locke

That Sinking Feeling: IRS Energy ‎Communities Guidance May Limit Eligibility of Many ‎Offshore ‎Wind Projects

Troutman Pepper Locke on

In an ongoing series related to the Inflation Reduction Act (“IRA”), we have been looking at key provisions of the IRA with the potential to benefit the U.S. offshore wind industry. On April 5, 2023, the IRS issued Notice...more

Morgan Lewis

US Offshore Wind Roundup as of March 2023

Morgan Lewis on

Despite global economic headwinds, the US offshore wind industry has continued to slowly but steadily blossom, driven largely by enhanced vision and cooperation among federal government agencies under the Biden...more

Troutman Pepper Locke

Brownfields and the Deep Blue Sea: ‎Offshore Wind Development and the IRA’s Energy ‎Communities ‎Provisions

Troutman Pepper Locke on

What generates clean power, is located in an Energy Community and is entirely surrounded by water? If you answered “an offshore wind farm along the coast of the United States,” you would likely curry much favor with the...more

Troutman Pepper Locke

Bridging the Gaps: Will the IRA Really ‎‎Be a Game Changer for Offshore Wind?‎

Troutman Pepper Locke on

The excitement surrounding the passage of the Inflation Reduction Act (“IRA”) was perhaps felt nowhere as strongly as among proponents of the US offshore wind industry. From project developers to original equipment...more

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