On Monday, July 19, 2010, the White House Council on Environmental Quality ("CEQ") issued the Final Recommendations of the Interagency Ocean Policy Task Force. The Final Recommendations are the culmination of a process that began on June 12, 2009 when President Obama formed the Task Force and tasked it with developing recommendations to enhance
Chad Marriott
Chad Marriott serves as counsel to sponsors, owners, and investors, as well as commercial and industrial customers, in the development, sale, acquisition, and financing of renewable and thermal energy projects throughout the United States. His breadth of experience in finance, M&A, and state and federal utility regulation keeps him actively engaged as a member of Stoel Rives’ Energy Development team.
Click here for Chad Marriot's full bio.
DOI/DOE MOU for Offshore Renewable Energy Projects, Part 2
To follow up on my colleague Janet Jacobs’ blog on this exciting topic, here’s some more detailed information about the MOU, especially as it relates to marine and hydrokinetic ("MHK") technologies:
The United States Department of Energy’s Office of Energy Efficiency and Renewable Energy (“EERE”) and the United States Department of the Interior’s …
U.S. DOE Releases Funding Opportunity Announcement for Marine and Hydrokinetic Technology Development
Today, the U.S. Department of Energy (the "DOE") released the long-awaited Financial Assistance Funding Opportunity Announcement ("FOA") titled "Marine and Hydrokinetic Technology Readiness Advancement Initiative." Federal funding for this initiative for fiscal year 2010 is expected to be up to $15.36 million, with the possibility of continued funding at, or near, that…
REMINDER: Upcoming DOE Funding for Marine Hydrokinetics
On March 11, 2010, I posted a blog about the U.S. Department of Energy’s (the "DOE") upcoming Funding Opportunity Announcement ("FOA") for hydrokinetic technology development. The DOE issued a Notice of Intent announcing the FOA earlier that week. To access the Notice of Intent, click here, and enter "hydrokinetic" in the search field.
The DOE was expected…
Department of Energy, Department of the Interior, and Army Corps of Engineers Sign Memorandum of Understanding for Hydropower
On March 24, 2010, three federal agencies announced a Memorandum of Understanding for Hydropower (the “MOU”) that impacts developers of traditional hydropower, hydrokinetic, pumped storage, and small-scale hydropower facilities. The Department of Energy (“DOE”), the Department of the Interior (“DOI”), and the Department of the Army, through the U.S. Army Corps of Engineers (“USACE”) (collectively, the…
Tradable RECs Now Count Toward California’s RPS
On Thursday March 11, 2010, the California Public Utility Commission (the "CPUC") created a market for tradable renewable energy credits ("TRECs") in the state. That’s big news. In its 149-page decision, the CPUC stated that investor-owned utilities ("IOUs"), energy service providers, and community choice aggregators may now use TRECs to comply with California’s ambitious renewable portfolio standard ("RPS"). These entities are now permitted to purchase a portion of their RPS compliance from generation sources other than those they own (e.g., distributed solar generation facilities within the state and certain out-of-state facilities).
Continue Reading Tradable RECs Now Count Toward California’s RPS
DOE Announces Upcoming Funding for Marine Hydrokinetics
Good news for marine hydrokinetics! On Wednesday, the U.S. Department of Energy ( the "DOE") issued a Notice of Intent announcing that its Wind and Hydropower Technologies Program will publish a Funding Opportunity Announcement ("FOA") for hydrokinetic technology development no later than March 31, 2010. This announcement comes just six months after the DOE awarded…