Renewable Energy & Energy Development
Energy Community Guidance for Brownfields under the Inflation Reduction Act
The Internal Revenue Service (IRS) and the Treasury Department released guidance last month on the bonus credit available for certain production and investment tax credits issued to qualified projects located in “energy communities” pursuant to the Inflation Reduction Act of 2022 (IRA). The IRA allows taxpayers to deduct a percentage of the cost of eligible…
New York State’s FY 2024 Budget Includes Decarbonization and Renewable Energy Investments But Lacks Gov. Hochul’s Housing Plan
On May 3, 2023, New York Governor Kathy Hochul announced the highlights of the approved Fiscal Year 2024 state budget, including numerous investments in decarbonization programs and renewable energy development. Notably absent from the budget are the elements of Governor Hochul’s housing plan, which included a commitment to build 800,000 new units in a decade…
U.S. Fish and Wildlife Service Proposes Incidental Eagle Take General Permits for Wind-Energy Projects
The United States Fish and Wildlife Service (USFWS) recently proposed to develop a general permit under the Bald and Golden Eagle Protection Act (the Eagle Act) for the incidental take of eagles associated with qualifying wind-energy projects and power lines, as well as disturbance take and nest take. This blog post provides a discussion of…
New York continues nation-leading progress in offshore wind in 2022
As 2022 kicks off, New York is already building on its leadership in development of offshore wind capacity, with nation-leading investments, new lease areas, and permit approvals. On January 5, as part of the State of the State, Governor Kathy Hochul announced a plan to invest $500 million in offshore wind manufacturing, ports, and…
Court Dismisses Challenge to ORES Regulations for Large-Scale Renewables
On October 7, 2021, the Supreme Court, Albany County, dismissed a challenge that sought to vacate the final regulations promulgated in March 2021 by the Office of Renewable Energy Siting (ORES) pursuant to Executive Law § 94-c. The regulations create new streamlined procedures for the siting of large-scale renewable energy projects in New York. The…
Equinor Becomes Leading U.S. Offshore Wind Developer with 2,500 Megawatt Award from New York State
In his January 13, 2021 State of the State address, Governor Andrew M. Cuomo announced that New York will contract with Equinor Wind US LLC (Equinor) for 2,490 megawatts (MW) of offshore wind energy, the largest combined procurement of offshore wind energy by a state in U.S. history. Governor Cuomo also announced plans to make…
