Despite the uncertainty surrounding the immediate future of the U.S. offshore wind industry after the re-election of Donald Trump, industry participants including the Bureau of Ocean Energy Management (“BOEM”) are cautiously moving forward with development activities.
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Offshore Wind in the Second Trump Administration
The offshore wind space in the U.S. is set for a period of uncertainty following the re-election of Donald J. Trump on November 5th. While there is still a lack of clarity around his future plans and potential outcomes, Trump’s rhetoric on the campaign trail and, importantly, actions undertaken during his previous administration, suggest that…
First Commercial Offshore Wind Lease Sale in the Gulf of Maine Completed
On October 29, the Bureau of Ocean Energy Management (BOEM) held an auction for offshore wind areas in the Gulf of Maine. Although BOEM leased an offshore wind area in the Gulf of Maine for a research installation last August, the October auction was the first commercial offshore wind lease sale in the region.…
Dispute Resolution Considerations in Construction Contracts
During a recent webinar, “Dispute Resolution Considerations in Construction Contracts”, I was joined by my colleagues Chris Kolosov and Emily Anderson to discuss the dispute resolution alternatives available to parties involved in construction contracts.…
Central Atlantic Auction – Key Takeaways and Next Steps
On August 14, the Bureau of Ocean Energy Management (BOEM) held an auction for two offshore wind areas in the Central Atlantic off the coasts of Delaware, Maryland and Virginia. While seventeen companies were qualified to bid on the areas in the Final Sale Notice, only six companies made bids during the auction, continuing…
Navigating Construction Contracts in the Energy Sector – Insights from Sheppard Mullin’s Webinar Series
Construction contracts in the energy sector involve unique challenges and risks, particularly with respect to bonds and mechanic’s liens.…
Green Hydrogen in the US: Insights from Sheppard Mullin’s Energy Team
Hydrogen is increasingly vital in the global energy transition.…
Navigating the Solarscape: Our Handy Solar Tariffs Cheat Sheet
The solar industry is starting to get whiplash. Over the past year in particular, the industry has experienced a whirlwind of regulatory changes making solar tariffs some of the most complex tariffs in all of U.S. importing history. We should not expect the changes to lessen as the solar industry remains a focus for policymakers,…
Claiming Inflation Reduction Act Tax Credits and Deductions on Your 2024 Return? Make Sure You Complied with the Prevailing Wage and Apprenticeship Requirements
Tax season is here. As a result, many companies may be seeking to claim the increased tax credits and deductions available under the Inflation Reduction Act (the “IRA”). As we discussed in previous posts you can read here and here, many of the IRA’s tax credits and deductions for various clean energy projects are…
6 Key Considerations for Selling Carbon Pollution-Free Electricity to the Federal Government
In line with the goals set forth in the Federal Government’s Federal Sustainability Plan, the General Services Administration (“GSA”) recently issued a Request for Information (“RFI”) stating its intent to acquire approximately 2,700,000 MWh of carbon pollution-free (“CFE”)[1] retail electricity supply annually for a term of up to 10 years in the PJM Interconnection/Regional…