This article, from law firm McGuireWoods LLP, is authored by Steven Keeler and Clare Lewis. Over the last decade, venture capital and private equity news sources have emphasized the short-term and often extreme swings in clean tech as an investment sector. Quarterly and annual investment trends analyses have been inconsistent and, at times (and 2013 and…
Congress to consider master limited partnerships for renewable energy
This article, from law firm McGuireWoods LLP, is authored by Clare Lewis and Cameron Prell. BNA Tax Report. The bill, co-sponsored by Sens. Jerry Moran (R-Kan.), Debbie Stabenow (D-Mich.) and Lisa Murkowski (R-Alaska), would give the renewable energy industry the right to form master limited partnerships (MLPs), a business structure that is taxed as a…
FERC’s recent approach to market manipulation
This article, from law firm McGuireWoods LLP, is authored by Christopher McEachran. In recent years the Federal Energy Regulatory Commission (FERC or the Commission) has greatly increased its scrutiny of the energy markets. In 2005 Congress amended the Federal Power Act (FPA), specifying that it would be “unlawful for any entity . . .…
Bullish outlook for energy storage systems
This article, from law firm McGuireWoods LLP, is authored by D. Cameron Prell Analysts predict that increasing power generation from wind farms and solar panels coupled, in many countries, with high electricity prices and declining feed-in tariffs, will trigger a five-fold increase in demand for energy storage systems by 2020. BCG forecasts that annual sales…
Is FERC doing its part to charge the battery storage market?
This article, from law firm McGuireWoods LLP, is authored by D. Cameron Prell A recent story in GreenTech Grid discussed the market import of a recent FERC order. Be warned. The actual FERC order (found here and titled Order No. 784) is definitely written for the sleep-deprived wonk in some of us. Nevertheless, by making minor tweaks…