Renewable Energy & Energy Development
New Presidential Executive Order Restricts Purchase of Bulk-Power System Equipment
On May 1st, President Trump issued an Executive Order on Securing the US Bulk-Power System. The Executive Order prohibits certain transactions involving bulk-power system electric equipment and may have important consequences for renewable energy developers. It also establishes a task force to address national security issues in energy-related procurement by federal agencies and in the…
NY’s Governor Cuomo Signs Law Introducing One-Stop Shop for Renewable Energy Project Permitting
On April 3, 2020, with the passage of the Accelerated Renewable Energy Growth and Community Benefit Act, New York adopted sweeping changes to the siting of large-scale renewable energy projects.[1] The new law will streamline and accelerate the permitting and construction of renewable energy projects, and is intended to help New York achieve the Climate…
Renewables Developers: The Latest Stimulus Could Help You
The Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted on March 27. It contains provisions that could provide relief to a wide variety of small businesses, including developers of renewable energy projects. Paycheck Protection Program The CARES Act implements a variety of programs to support small businesses, defined as businesses (including the self-employed,…
EPA Proposes Updates to Clean Water Act’s Water Quality Certification Requirements
On August 8, 2019, the United States Environmental Protection Agency (“EPA”) published a set of proposed amendments (the “Proposed Rule”) to the regulations governing the issuance of Water Quality Certifications by states pursuant to Section 401 (“Section 401 Water Quality Certification”) of the Clean Water Act (“CWA”). Under the Section 401 Water Quality Certification process,…
New York State Passes the Most Ambitious Climate Change Legislation in the Nation and Advances Offshore Wind Energy Development with Inaugural Procurement of Offshore Renewable Energy Credits
On July 18, 2019, Governor Andrew M. Cuomo signed into law the New York Climate Leadership and Community Protection Act (“CLCPA”), the most ambitious climate change legislation in the country. The CLCPA, among other things, codifies the State’s goals of reaching net-zero carbon emissions by 2050, including an 85% decrease in greenhouse gas emissions by…
SPR Solidifies Its Position at the Forefront of Efforts to Bring Offshore Wind Energy to New York State
In February 2019, SPR closed a deal in which port developer Atlantic Offshore Terminals LLC acquired the future epicenter of offshore wind development in New York State. The offshore wind energy industry is emerging rapidly in the northeastern United States, and a critical component of its success is the establishment of a port facility where…