The IRS has recently published its annual notice that provides the inflation adjustment factors and reference prices used in determining the amount of the section 45 production tax credit (PTC) for the production of renewable energy .
We need a smarter, greener grid, but how?
This article, from Foley and Lardner LLP, is authored by David Zoppo. There is no denying that the U.S. electrical grid is in need of replacing, but the route to achieving that goal is unclear. The EPA added another curve in June 2014 with its proposed and highly controversial Clean Power Plan, which requires the…
How to pass the wind farm “begun-construction” test
This article comes from law firm Foley & Lardner LLC The U.S. Treasury and NREL recently revised the application process for certain projects seeking to qualify for cash grants in lieu of tax credits under Section 1603 of the American Recovery and Reinvestment Act of 2009 (Section 1603). To be eligible for a Section 1603…
Pros and cons of DOE’s green-tech funding
This article comes from law firm Foley & Lardner LLC. To promote cutting-edge research and development of advanced-energy technologies, the Department of Energy (DOE) formed the Advanced Research Projects Agency-Energy (ARPA-E). The companies receiving ARPA-E contracts should consider several key patent issues before and during contract performance that could affect a company’s proprietary rights and…
Illinois Electric Power procurement issues for 2011
This article comes from law firm Foley & Lardner LLP. Readers with an interest in policy and financing will read how one Midwestern state and its utilities are dealing with goals in their Renewable Electricity Standard and influencing issues such as renewable energy credits. The Illinois Power Agency’s (IPA) plan for purchasing power for Illinois’…