The Federal Energy Regulatory Commission (FERC) opened the door today for new investment in transmission lines in the Upper Midwest that will deliver new wind energy to market. By establishing a methodology for sharing the cost of new transmission lines, FERC’s decision could provide a significant boost to wind development in the region. For more
Energy Policy
Tax bill update
As some of you may have heard, the Senate today passed its version of the tax compromise by a vote of 81-19. The bill includes an extension of the deadline in section 1603 for beginning construction through 2011. The size of the majority is a strong signal to the House that the Senate may not…
Update on Tax Bill Negotiations
For those of you interested in the machinations in Congress over the tax cut extensions, especially concerning renewable energy, here is the latest:
Yesterday, the Senate released what it termed a "final compromise" bill. That bill should be voted on in the Senate very soon. It reflects negotiations within the Senate and between the Senate…
Reid-Baucus Tax Bill
Today, Majority Leader Harry Reid and Senate Finance Committee Chair Max Baucus released their proposal for a middle class tax cut. Although far from the final product, the bill gives us some insight into thinking on the Senate side.
From a renewable energy standpoint, the most important proposal is a one-year extension of the ITC…
Energy Tax Law Alert: ODOE Issues Final Administrative Rules
On November 24, 2010, the Oregon Department of Energy (“ODOE”) issued final permanent administrative rules (the “Permanent Rules”) relating to the Business Energy Tax Credit (“BETC”). For a description of the BETC generally, see our previous alerts on November 5, 2009, February 27, 2008, and July 2, 2007.
The Permanent Rules finalize…
Stoel Rives Energy Regulation Report
IN THIS EDITION:
- FERC opens a rulemaking on variable energy resources.
- FERC extends the comment deadline in the appeals by wind farms registered for transmission reliability functions.
- FERC denies a petition to protect priority to interconnection capacity rights.
FERC Opens Rulemaking on Intra-Hour Scheduling, Forecasting Requirements, and Integration Services for Variable Energy Resources
The Federal…
Future of 1603
Updated at bottom
The following is a question I received, which I thought I would answer on the Blog:
Greg, as the expiration for the 1603 grant gets closer, two questions? 1) what are the chances of the grant being extended and 2) what are the modifications to the 1603 that you see coming January…
ODOE Issues Permanent Biomass Producer/Collector Tax Credit Rules
Yesterday, the Oregon Department of Energy issued is final administrative rules for the biomass producer /collector tax credit. The new permanent rules can be viewed at the following link: http://oregon.gov/ENERGY/RENEW/Biomass/docs/BPC_PermRules.pdf/oregon.gov/ENERGY/RENEW/Biomass/docs/BPC_PermRules.pdf
Idaho PUC Issues Proposal to Revise Prices Paid to QF Wind Generators Under PURPA
The Idaho Public Utilities Commission (PUC) has issued a straw man proposal that lays out plans to revise the surrogate avoided resource (SAR) methodology used to calculate avoided cost rates for wind generators. The "avoided cost" is the price paid to Qualifying Facilities that are selling power to Idaho utilities under the Public Utility Regulatory…
House Passes Algae-based Renewable Fuel Promotion Act of 2010
On September 28, 2010, the House of Representatives passed the Algae-based Renewable Fuel Promotion Act of 2010 (H.R. 4168). The Act amends the Internal Revenue Code to (1) expand the definition of "cellulosic biofuel" to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and (2) provide for accelerated depreciation of property used …