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Throughout the Northeast temperatures are expected to be extremely hot and humid this week, especially today, August 11th, and tomorrow, August 12th. It is expected that usage may exceed system peaks between the hours of 2-6pm EST on these days. If so, it is likely one of these days will set the system peak in NY, and one of the 5 peaks for PJM. This could set the Capacity Peak…

As we discussed in a previous article, the renewable energy industry is experiencing record growth.  President Biden’s current initiatives are also expected to provide an additional boost to accelerate future growth in clean energy industries. However, the ongoing COVID-19 pandemic and its effects have caused construction delays for these projects due in part to supply chain issues, rising material costs and workforce shortages. These factors can result in delays in completing…

The Biden administration has committed to significantly expanding development of renewable energy.  These projects, including solar and wind are welcomed by many.  They have the potential to generate significant amounts of energy with a minimal carbon footprint. Generation of wind energy involves little or no water use, few if any chemicals, and virtually no waste disposal.  Compared with coal, oil, gas and shale gas development, wind projects are an environmentalist’s…

New York’s recent legalization of recreational marijuana for adult use has set off a flurry of entrepreneurial activity as businesses seek to establish a foothold in the State’s new and lucrative market. Renewable energy, energy storage and other technologies can help growers not only minimize their electricity bills – a substantial operation expense for the typical indoor farm – but also give them a leg up in the State’s licensing…

FocusSenators introduce legislation to aid clean energy recovery Solar Industry – March 30Sen. Tom Carper, D-Del., Senator Sheldon Whitehouse, D-R.I., and Senator Martin Heinrich, D- N.M., have introduced legislation that would help the clean energy industry create good-paying jobs and recover from the COVID-driven economic downturn. The Save America’s Clean Energy Jobs Act would allow for temporary refundability of section 45, 45Q, and 48 investment and production tax credits, which incentivize…

Earlier this week, the Office of Renewable Energy Siting finalized and enacted the new regulations required by the New York Accelerated Renewable Energy Growth and Community Benefit Act. Signed into law about a year ago, the Act seeks to expedite and streamline the regulation of major renewable energy projects, including wind, solar, and energy storage. It further is intended to remove cumbersome barriers to development in order to help New York achieve…

Andre Smith II Mayer Brown – Tax Equity Times House Ways and Means Committee Democrats introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act of 2021 on February 5, 2021. The bill is an updated version of a similar bill of the same name introduced in June of 2020. Many provisions of the GREEN Act either extend or expand the application of existing renewable energy tax credits. The bill…

Fulfilling one of his central campaign promises, President Biden signed a wide-ranging Executive Order last week addressing climate change through energy, infrastructure, national security, foreign affairs, and social justice policies, to be implemented across the federal government. The Executive Order on Tackling the Climate Crisis at Home and Abroad (“Order”) lays out objectives and requirements for federal agencies to prioritize climate in implementing both foreign and domestic policies. President Biden makes clear…

FocusCalifornia’s looming decision on grid reliability: expand supply or manage demand? Greentech Media – January 5California is facing a major decision under a tight deadline — whether it should push for large-scale power plants and batteries to prevent a repeat of its August 2020 rolling blackouts this coming summer or turn to behind-the-meter resources such as batteries and demand response. Last week, the California Public Utilities Commission (“CPUC”) issued a ruling…

Now that our new president has been elected (Proud Boys, its over!), let’s take a look at what people smarter than I are predicting it will mean for the domestic oil and gas industry and the climate. In summary: bad for one, no meaningful help for the other, and the fury of the fiscal kraken will be unleashed. (As usual these are summaries; see the articles for a fuller picture).…