Beneath the surface: The emerging US consensus on climate change
A conservative Republican former congressman, an associate editor of the conservative National Review, a former policy analyst for the National Association of Manufacturers ...
Opportunity zones and renewable energy
Opportunity zones have been something of a disappointment so far to renewable energy developers. Developers have been looking at them as a possible way to raise equity for their projects.
Covariance risk: What it is and how to manage it
Project sponsors, banks and tax equity investors in transactions with hedges may be overlooking some risks that wind projects are bearing. Each risk should be borne by the party best able to manage it.
How storage will grow
Energy storage is a solution to a range of problems. Different “use cases” are getting traction. Storage has not yet reached a tipping point in the United States, but adoption is accelerating.
Development banks: Immunity from lawsuits
A US Supreme Court decision has left room for debate about when development banks can be sued in US courts.
How to plan ahead for back-leverage
Cash is king as developers race to start construction on US projects before wind and solar tax subsidies disappear.
US solar financing update
Senior executives of four solar companies talked at the annual Solar Energy Industries Association finance workshop in New York this spring about the state of the market.
Energy storage: Warranties, insurance and O&M issues
Standard warranties for lithium-ion batteries covering both performance and defects are two years, but extended warranties can be purchased.
Physical fixed-volume hedges
Norton Rose Fulbright holds internal training sessions for lawyers in its projects group. The following is from a session in mid-June about physical fixed-volume hedges.
US economic growth is causing carbon dioxide emissions from sources like factories, planes and trucks to surge.
Offshore wind and state laws
Offshore wind projects more than 12 miles offshore are less likely to be subject to state laws after a US Supreme Court decision in mid-June.
Tax extenders start moving
Tax extenders are starting to move through Congress.
PTCs: 2019 inflation adjustment
Production tax credits for some renewable energy projects will be slightly higher in 2019.
Solar projects and "public utility property"
Solar projects owned by regulated utilities are not “public utility property” if the electricity is sold at market rates, the IRS confirmed.
Refined coal credits draw fire
Refined coal tax credits drew fire from three US Senators in early June.
Foreign subsidiary loan guarantees
Pledging a foreign subsidiary's assets to guarantee repayment of a loan to the parent company triggered income taxes.
Nuclear abandonment loss allowed
An abandonment loss can be claimed on a cancelled nuclear power plant, even though the utility plans to pursue recovery of its costs through a rate increase.
Electricity data points
Strong growth in natural gas production in the US will keep downward pressure on natural prices in 2019 and 2020.