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Articles by Jonathan Wilcon
Energy Storage Rides a Wave of Growth but Uncertainty Looms: A Global Opportunity and Regulatory Roadmap for 2025
ENERGY STORAGE RIDES A WAVE OF GROWTH BUT UNCERTAINTY LOOMS: A GLOBAL OPPORTUNITY AND REGULATORY ROADMAP FOR 2025 A Global Opportunity and Regulatory Roadmap for Energy Storage in 2025 The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours (MWh), year-over-year in 2024 and are expected to go beyond the terawatt-hour mark before 2030.
Executive Order Halts Offshore Wind Leasing, Orders Review of Federal Leasing and Permitting Practices for Wind Projects
The Trump-Vance administration issued an executive order temporarily halting offshore wind leasing and calling for a review of the federal governmental leasing and permitting practices for all wind projects.
US Offshore Wind Roundup as of March 2023
Despite global economic headwinds, the US offshore wind industry has continued to slowly but steadily blossom, driven largely by enhanced vision and cooperation among federal government agencies under the Biden administration, coastal states and utilities looking to make good on renewable procurement and other climate change pledges, and private industry and capital seeking new opportunities for the next generation of large-scale clean power.
New Tax Credits and Monetization Opportunities for Energy Storage Have the Chance to Revolutionize the Industry
The Inflation Reduction Act of 2022 (IRA), which was signed into law on August 16, 2022, enacted a wide range of legislation addressing climate change, healthcare, prescription drug pricing, and tax matters. Specific to energy storage, the act’s changes to the Internal Revenue Code of 1986, as amended (Code), have the potential to be a game-changer for the energy storage industry in the United States, in terms of both deployment and equipment manufacture.
Energy Storage: A Global Opportunity And Regulatory Roadmap For 2023
The renewable energy industry continues to view energy storage as the answer to its problem of how to maintain grid reliability with only sporadic energy production. Energy storage can transform intermittent clean energy—primarily derived from wind and solar—into a reliable source of 24/7 generation.
New Tax Credits and Monetization Opportunities for Energy Storage Have the Chance to Revolutionize the Industry
The Inflation Reduction Act of 2022 (IRA), which was signed into law on August 16, 2022, enacted a wide range of legislation addressing climate change, healthcare, prescription drug pricing, and tax matters. Specific to energy storage, the act’s changes to the Internal Revenue Code of 1986, as amended (Code), have the potential to be a game-changer for the energy storage industry in the United States, in terms of both deployment and equipment manufacture.
White House Partnership Aims to Speed Up Construction of Offshore Wind Farms | JD Supra
Another boost to the growing US offshore wind industry came on June 23, 2022, when the Biden-Harris administration and several cabinet secretaries announced new initiatives, including a partnership with 11 eastern states described as a “first-of-its-kind forum for collaboration between federal and state officials to accelerate offshore wind progress.” The Federal-State Offshore Wind Implementation Partnership brings together Connecticut, Delaware, Maine, Maryland, Massachusetts, New...
Offshore Wind Update: Checks Are in the Mail | JD Supra
As many industry observers predicted (and hoped), 2022 has been a breakout year for the nascent US offshore wind industry.
Jones Act Compliance Strategies For US Offshore Wind Construction
As renewable energy continues to comprise a larger share of the US power mix, offshore wind remains the next frontier of the US green energy boom. Today, the US hosts only one operational commercial offshore wind farm, the five-turbine, 30-MW Block Island Wind Farm. However, a robust pipeline of projects is under development with leases secured, development well underway, and construction targeted for 2022–2024.
Jones Act Compliance Strategies for US Offshore Wind Construction | JD Supra
As renewable energy continues to comprise a larger share of the US power mix, offshore wind remains the next frontier of the US green energy boom. Today, the US hosts only one operational commercial offshore wind farm, the five-turbine, 30-MW Block Island Wind Farm. However, a robust pipeline of projects is under development with leases secured, development well underway, and construction targeted for 2022–2024.
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