As we approach the beginning of a new year, financing options for energy projects (both conventional and renewable) under the current economic conditions continue to be a challenge and a focal point for the energy industry. In order to gear up for financing opportunities in 2011, I, along with my colleagues Marcus Wood, Graham Noyes
Transmission
Renewable Energy Law Alert: The Upper Midwest Reopens to Renewable Energy Development
Yesterday, December 16, 2010, the Federal Energy Regulatory Commission (FERC) conditionally approved a proposal by the Midwest Independent Transmission System Operator (MISO) that significantly changes how large transmission upgrades are funded across the MISO region.
MISO’s proposal creates a new category of transmission projects called Multi-Value Projects (MVPs) for upgrades that are determined to enable…
FERC Decision Opens Door for New Wind Development in the Upper Midwest
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…
Utah Energy Initiative Task Force Issues Draft Plan
On June 8, 2010, Utah Governor Gary Herbert launched a formal planning process for the Utah Energy Initiative. Over the past several months the members of the Utah Energy Initiative Task Force and various subcommittees have conducted public hearings and a series of meetings to gather input for purposes of drafting a 10-year strategic energy plan. The Energy Initiative Task Force issued a draft report on November 3, 2010. Written comments on the draft report are due by November 10, 2010 and should be submitted to abuchholz@utah.gov. A public hearing at which public comment will be accepted will be held on November 10, 2010 from 5:00 to 7:00 p.m., at the Senate Building (State Capitol complex east building), Room 215, Salt Lake City, Utah.
The energy plan outlined in the report contains the following themes:
- Economic Development and Energy Jobs
- Energy Development and Environment
- Energy Efficiency, Conservation and Demand-Response
- Transportation and Air Quality
- Transmission, Infrastructure and Transportation
- Developing and Applying Technology and Science
Continue Reading Utah Energy Initiative Task Force Issues Draft Plan
DOE Offers First Loan Guarantee for Transmission Project
DOE announced on October 19 its offer of a conditional commitment for a $350 million loan guarantee to develop the One Nevada Transmission Line (ON Line). ON Line consists of a new 500-kilovolt transmission line that will run 235 miles from Ely, Nevada to just north of Las Vegas. The project will carry approximately 600…
Report Identifies Transmission Corridors to Deliver 8,600 MW of New Wind in the Upper Midwest
The Upper Midwest Transmission Development Initiative (UMTDI) issued its final report last week on transmission planning and cost allocation issues associated with delivering renewable energy from wind-rich areas to the region’s customers. Through UMTDI, the governors of Iowa, Minnesota, North Dakota, South Dakota, and Wisconsin collaborated to identify six renewable transmission corridors that could serve…
Stoel Rives Publishes White Papers on Transmission Development
I am proud to announce the publication of two white papers that focus on the issues of transmission development and broader issues facing renewable energy. These white papers were written by attorneys at Stoel Rives and were prepared at the request of the Energy Foundation, a partnership of major foundations interested in sustainable energy. The…
Sen. Kerry’s Energy Tax Bill Would Help Energy Storage Technologies
On August 5, 2010, Sen. John Kerry (D-Mass.) introduced S.3738—the Clean Energy Technology Leadership Act of 2010—which would have some impact on the growth of energy storage technologies in the United States.
Among other things, the bill would provide for an extension and modification of the Advanced Energy Manufacturing Tax Credit (the “MTC”), a…
Puget Wind Integration Charge REJECTED.
With a swift 13-page order today, FERC rejected Puget Sound Energy’s proposed wind integration rate, stating that the rate was not shown to be “just and reasonable” under section 205 of the Federal Power Act. “Changing system conditions, such as an increasing amount of wind generation described by Puget, present unique challenges that may require …
FERC Comments on Electric Storage Technologies Due August 9
Just a friendly reminder that the deadline to submit comments to the Federal Energy Regulatory Commission (“FERC”) on electric storage technologies is just around the corner. In its Request for Comments Regarding Rates, Accounting and Financial Reporting for New Electric Storage Technologies, FERC’s Office of Energy Policy and Innovation seeks comments on the following issues: …