Ensuring Renewable Energy Investment and Growth in Tax Reform By Gregory WetstoneDecember 6, 2017 With the Senate version of the Tax Cuts and Jobs Act (H.R. 1) passing on December 2, we’re now in the midst of House-Senate Conference for resolution of the differences between the two bills. The differences are quite significant, which suggests an intensive and difficult negotiation over the next number of days as they seek… Read more
Responding to The Wall Street Journal’s Editorial on Wind Energy and Tax Reform By Gregory WetstoneNovember 15, 2017 The Wall Street Journal published a misguided editorial over the weekend that supported the House tax bill’s damaging provisions to retroactively revise wind incentives. I wanted to share ACORE’s response in my letter to the editor, which was published in print on Nov. 15 as the lead response to their editorial (full text below). Wind, Solar Are Shedding Subsidies. Oil?… Read more
A Better Path for Reliability, Resilience and Affordability By Todd FoleyOctober 23, 2017 A few weeks ago, Secretary of Energy Rick Perry proposed that the Federal Energy Regulatory Commission (FERC) intervene in the nation’s electricity markets to establish new rules that would have electricity consumers subsidize uneconomical coal and nuclear power plants and pay more for power in their electricity bills. In response, today ACORE submitted comments to FERC emphasizing the important… Read more
Responding to Administrator Pruitt’s Comments on the Wind and Solar Tax Credits By Gregory WetstoneOctober 23, 2017 Environmental Protection Agency Administrator Scott Pruitt.The Hill As reported recently by The Hill, Environmental Protection Agency Administrator Scott Pruitt thinks the solar investment tax credit and wind production tax credit should be eliminated. Speaking at an event in Kentucky, Pruitt said “I would do away with these incentives that we give to wind and solar…I’d let… Read more
Renewable Energy Finance: State of Play By Keith Martin, Norton Rose FulbrightAugust 22, 2017 Four project developers did a rapid survey across the renewable energy finance landscape at the 14th annual Wall Street Renewable Energy Finance Forum in New York in late June. The conference is organized by the American Council on Renewable Energy and Euromoney. The four are Jim Murphy, president and chief operating officer of Invenergy, Gaetan… Read more
Offshore Wind in the US: A Look at Industry Prospects By George Felcyn, Bracewell, LLPMay 2, 2017 Proponents of renewable energy in the U.S. have watched as a growing number of once promising innovations—from solar and onshore wind farms to geothermal and distributed generation—have increasingly achieved commercial scale around the country. Yet the development of large-scale offshore wind projects has lagged that of its renewable counterparts in the U.S., as well as… Read more
