My colleague Ed Einowski didn’t mince words in a recent article published by The Sindal Report. If the federal production tax credit (PTC) is allowed to expire at the end of this year, there will be a dramatic drop-off in wind installation starting in 2013. And these diminished opportunities will add up to significant
Energy Policy
White House Executive Order calls for 40 GW of new CHP capacity by 2020
Last week the White House issued an Executive Order calling for 40 GW of new CHP capacity by 2020:
The Executive Order on Accelerating Investment in Industrial Energy Efficiency (also known as combined heat and power (CHP) or cogeneration) calls for federal agencies (including the Departments of Energy, Commerce and Agriculture), States, industrial companies…
Further update on Expiring Provisions
As I mentioned in my post yesterday, sometimes a chairman’s mark will change just before the committee marks up legislation. Chairman Baucus’s did. Here is a description of the now-included PTC/ITC proposal:
Description of Proposal
The proposal extends and modifies the expiration dates for the renewable electricity production credit and the 30-percent investment credit …
Follow up – Baucus and Hatch strike deal on expiring provisons
Earlier today, I reported that Senators Baucus and Hatch had agreed on a proposal to extend a package of expiring provisions. Details of that package have now been released here:
https://www.jct.gov/publications.html?func=startdown&id=4480
Unfortunately, it appears that extension of the PTC was not included. This does not preclude the Senate Finance Committee from adding it during its…
Possible Agreement on Extension of Tax Provisions, including PTC
Senators Max Baucus and Orrin Hatch, chairman and ranking member respectively, of the US Senate Finance Committee, have just announced that they have reached agreement on legislation to extend certain expiring tax provisions. The bill will be marked up by the Finance Committee on August 2.
The details of the proposal have not been announced. …
A Big Day at the FERC Open Meeting
Today was a big day for variable energy resources and energy storage at FERC’s open meeting.
Continue Reading A Big Day at the FERC Open Meeting
FERC Confirms That Its “One-Mile” Rule is a Safe Harbor for Establishing Separate Qualifying Facilities
An update from Marcus Wood, Jennifer Martin & Jason Johns:
The Federal Energy Regulatory Commission’s (FERC) regulations provide that, for purposes of calculating a qualifying facility’s net capacity, generating facilities are considered together as a single qualifying facility if they are located within one mile of each other, use the same energy resource, and are owned by the same persons or their affiliates. In recent years, landowners and energy purchasers have disputed whether the location of generating facilities more than one mile apart is a "safe harbor," ensuring that the facilities will be treated as separate qualifying facilities, or is instead a rebuttable presumption that may be challenged. In its Order Denying Rehearing, issued June 8, 2012 in Docket Nos. EL11-51-001, QF10-649-002, and QF10-687-001, FERC reaffirmed that the one-mile separation standard provides a safe harbor for establishing separate qualifying facilities.Continue Reading FERC Confirms That Its “One-Mile” Rule is a Safe Harbor for Establishing Separate Qualifying Facilities
California Judicial Council Announces Expedited CEQA Litigation Court Rules for Qualifying Development Projects
From our colleague Wayne Rosenbaum:
As Juliet Cho blogged about in our California Environmental Law blog, California Governor Jerry Brown signed the Jobs and Economic Development through Environmental Leadership Act of 2011 (also known as AB 900) into law last September. The law aims to provide an incentive for applicants to move forward…
EPA Releases Green Diesel Notice of Violation
Yesterday the EPA released the third major Notice of Violation (“NOV”) against a biofuel producer in the past six months under the Renewable Fuel Standard (“RFS”). The NOV states that EPA has determined that Green Diesel, LLC of Houston, Texas, generated 60,034,033 invalid Renewable Identification Numbers (“RINs’) with a current market value of perhaps $85 million. Coming on the heels of the resolution of the Clean Green Diesel and Absolute Fuels NOVs, this NOV is likely to trigger immediate market reaction.
Continue Reading EPA Releases Green Diesel Notice of Violation
DOE Concludes 1603 a Big Job Creator
A surprise to no one involved in renewable energy, the DOE (via NREL) has just issued a report concluding 1603 created tens of thousands of new jobs.
See the report at http://www.nrel.gov/docs/fy12osti/52739.pdf