By Cherise Gaffney, Tim Taylor & Chad Marriott Partners, Stoel Rives LLP Offshore wind projects are extremely capital intensive, so it makes sense that the first wave of development in the U.S. has focused on high-load, transmission-constrained East Coast regions. New England is one excellent example, where power prices are high enough to support…

On July 25, 2018, the U.S. Fish and Wildlife Service (USFWS) and the National Marine Fisheries Service (collectively, the “Services”) released proposed revisions to the Endangered Species Act (ESA). The regulations aim to improve the efficiency and effectiveness of the ESA and, according to Stoel Rives law firm, should assist wind developers. The ESA mandates…

Editor’s note: Gregory Jenner, Stoel Rives partner and former head of the U.S. Department of Treasury’s Office of Tax Policy (who worked on the last major tax reform bill that passed in Congress in 1985), and his colleagues at Stoel Rives wrote this blog on the impact on renewable energy from the final tax bill,…

The much anticipated tax reform bill released by the Republican leadership in the House would make several potentially significant changes to certain energy tax provisions. These would include changes to the Production Tax Credit (PTC) and the Energy Investment Tax Credit (ITC). Business law firm, Stoel Rives, has put together some of the most noteworthy energy-related…

Hurricane Harvey, while now downgraded to a tropical storm, has caused catastrophic flooding in Texas. So far, the storm has hit the state’s Gulf Coast from Corpus Christi to Houston, and inland to parts of Austin and San Antonio. Many have lost homes, businesses, and more. Texas is home to many wind farms, and leads…

This article, from law firm Stoel Rives, is authored by Greg Jenner and Kevin Pearson. The IRS issued guidance that clarifies and modifies prior guidance regarding the “beginning of construction” requirement for qualifying for the production tax credit (PTC) under Section 45 of the Internal Revenue Code and the investment tax credit (ITC) under Section…

This article, from law firm Stoel Rives, is authored by Greg Jenner and three others at the firm. The IRS issued Notice 2013-60, which updates prior guidance, contained in Notice 2013-90, regarding the “begin-construction” requirement for the production tax credit (PTC) under Section 45 of the Internal Revenue Code (the Code) and the investment tax…

This article, from law firms Stoel Rives LLP, is authored by Chad Marriott. In April, the Army Energy Initiatives Task Force (“EITF”) and the U.S. Army Mission and Installation Contracting Command at Fort Sam Houston in Texas published a template Renewable Energy Service Agreement Performance Work Statement (the “PWS”) for comment by interested stakeholders. The…