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Search Results (10) Documents on Energy Sort by:  | IRS Announces Inflation Adjustment for Production Tax Credits (PTCs)
Craig M. Kline, David B. Weisblat; Troutman Sanders LLP;
Legal Alert/Article April 8, 2013, previously published on April 5, 2013 The Internal Revenue Service has released the adjustment factors and reference prices for 2013 to be used in determining the availability of the section 45 credits for the production of renewable energy and the production of refined coal.
| | FERC Reviews REC Jurisdiction and Standardized REC Agreement
Brian C. Harms, Craig M. Kline; Troutman Sanders LLP;
Legal Alert/Article March 5, 2012, previously published on March 2, 2012 On February 22, 2012, WSPP, formerly Western Systems Power Pool, a non-profit entity with interests in the wholesale electric power industry, submitted a letter to the Federal Energy Regulatory Commission (FERC) requesting confirmation that FERC lacks jurisdiction over the unbundled trading of...
| | Treasury Cash Grant: On-Line Form Follows Construction Guidance
Craig M. Kline, Philip H. Spector; Troutman Sanders LLP;
Legal Alert/Article October 25, 2010, previously published on October 21, 2010 The Treasury Department recently revised the on-line application for cash grants in lieu of tax credits under Section 1603 of the American Recovery and Reinvestment Act of 2009. Under the Section 1603 program, instead of claiming production tax credits under Internal Revenue Code Section 45 or the...
| | A Bipartisan Renewable Electricity Standard Bill Introduced in the Senate
Craig M. Kline; Troutman Sanders LLP;
Legal Alert/Article September 27, 2010, previously published on September 24, 2010 On September 21, 2010, Jeff Bingaman (D-NM) and Sam Brownback (R-KS) introduced the Renewable Electricity Promotion Act of 2010, which proposes to establish a Renewable Electricity Standard (“RES”) for electric utilities within the United States. The proposed bill would requires...
| | New Jersey Wind Power Bill Signed Into Law
Craig M. Kline; Troutman Sanders LLP;
Legal Alert/Article September 8, 2010, previously published on September 2, 2010 On August 19, 2010, Governor Christie of New Jersey, signed into law the Offshore Wind Economic Development Act (“OWEDA”), which aims to significantly bolster the state’s offshore wind generation by requiring that a certain percentage of the state’s renewable energy...
| | Illinois Solar Energy Ramp-Up Bill Signed Into Law
Candice Columbres, Craig M. Kline; Troutman Sanders LLP;
Legal Alert/Article August 27, 2010, previously published on August 19, 2010 On August 17, 2010, the Governor of Illinois, Pat Quinn, signed into law new legislation that is expected to help encourage solar energy development, increase the state’s solar energy use, and create new jobs in the state’s renewable energy industry. Referred to as the “Solar...
| | Treasury Cash Grant: When "Construction Begins"
Todd R. Coles, Howard A. Cooper, Craig M. Kline, Philip H. Spector; Troutman Sanders LLP;
Legal Alert/Article July 12, 2010, previously published on June 28, 2010 The new guidance is important and timely because of the impending deadlines for the cash grant program. To qualify for a grant, qualified energy property must be placed in service in 2009 or 2010 or, if “construction begins” in 2009 or 2010, it must be placed in service by the...
| | FERC’s Recent Order Regarding QF Filing Requirements and Additional Implications
Craig M. Kline, Clifford S. Sikora; Troutman Sanders LLP;
Legal Alert/Article April 26, 2010, previously published on April 15, 2010 On March 19, 2010, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued an order in which it made several changes to its regulations regarding qualifying facility (“QF”) certifications (“Order 732”). The Commission exempted...
| | Department of Energy Announced Final Rules Reversing Position on First Lien Requirement of Section 1702 for Section 1703 Loan Guarantees
Robert P. Edwards, Craig Kline, Eric A. Koontz, Bonnie A. Suchman, Jill Misage Webb; Troutman Sanders LLP;
Legal Alert/Article December 29, 2009, previously published on December 17, 2009 On December 7, 2009, the U.S. Department of Energy (“DOE”) announced the issuance of a final rule amending certain provisions of its loan guarantee program for innovative technologies as authorized by Section 1703 of Title XVII of the Energy Policy Act of 2005 (“Final...
| | The Department of Energy Announces Private Sector Lender Partnership Program
Craig M. Kline, Jill Misage Webb; Troutman Sanders LLP;
Legal Alert/Article October 15, 2009, previously published on October 8, 2009 On October 7, 2009, the U.S. Department of Energy ("DOE") introduced the Financial Institution Partnership Program ("FIPP") under Solicitation Number DE-FOA-0000166 ("Solicitation 166") titled Federal Loan Guarantees for Commercial Technology Renewable Energy...
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