electricity – Duane Morris Energy and Environmental Blog

June 7, 2022 by W. Patrick Dinnin

Enforcement of New Solar Panel Tariffs Delayed in Move to Boost Industry

On June 6, 2022, President Joe Biden signed an order that will exempt Southeast Asian nations from any new tariffs on solar panels for two years in order to alleviate concerns about the crippling effects of an ongoing Commerce Department investigation into whether manufacturers of solar panel components in Southeast Asia are being used to circumvent U.S. tariffs on Chinese solar companies. Biden will also invoke the Defense Protection Act to drive U.S. manufacturing of solar panels and other clean energy technologies in the future, with the support of loans and grants. If production ramps up as expected, the administration expects domestic solar manufacturing to triple by 2024.

To read the full text of this Alert by Duane Morris attorneys Brad Thompson and Patrick Dinnin, please click here.

December 1, 2021December 1, 2021 by W. Patrick Dinnin

New York on the Path to Requiring All-Electric Buildings

Developers of new buildings in New York state and of new and renovated buildings in New York City may soon be prohibited from powering and heating their buildings with any fossil fuels. Bills are pending in the New York Senate and the New York City Council that, if enacted, would require newly constructed buildings in the state―and in the case of the city, renovated buildings―to be developed as all-electric buildings. With stakeholder opposition to both bills, either could see changes as they work their way through their respective legislative processes.

To read the full text of this Alert by Duane Morris attorney Phyllis Kessler, please visit the Firm website.

November 17, 2021November 22, 2021 by Duane Morris

Funding the UK’s Nuclear Revolution

Current forecasts in the UK are that electricity demand will double in the next 30 years. Front and centre of the government’s planned solution for energy generation between now and 2050 is nuclear power. The Nuclear Energy (Financing) Bill 2021-2022 proposes for the government to negotiate an arrangement with a specially regulated nuclear company, which would receive regular payments from electricity supply companies to help fund the construction of a new nuclear facility.

To read the full text of this Alert by Duane Morris partner Steve Nichol, please visit the Firm website.

October 4, 2021November 19, 2021 by Duane Morris

New Pricing Framework for Solar and Wind Power Projects

On 30 September 2021, the Vietnam Ministry of Industry and Trade (“MOIT”) confirmed that there would be No FIT extension for wind energy projects after 31 October 2021.

The Ministry of Industry and Trade recently issued a new draft Circular on regulations on methods of building electricity generation price brackets and determining electricity generation prices, power purchase agreement for solar and wind energy projects. This Circular will apply to solar energy projects that have not met the COD deadline of 1 January 2021 or wind energy projects that have not met the COD deadline of 1 November 2021. Though it is only at draft stage, it is expected that the Circular will come into force soon and give developers as well as investors clarity on renewable power projects development and related transactions.

To read the full text of this post by Duane Morris partner Dr. Oliver Massmann, please visit the Duane Morris Vietnam Blog.