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Tag Archive: renewable energy development

Clean Economy Act Leads on Renewable Energy

wind turbines and solar arraysAmong the accomplishments of our General Assembly, the Clean Economy Act and Clean Energy and Community Flood Preparedness Act have set a framework to increase momentum in renewable energy development. A lot of the details are in this article from our friends at the Virginia Mercury.

A number of beneficial effects will follow on from these acts and other legislation:

In the solar arena, the two major investor-owned utilities are tasked with constructing significant amounts of new solar generation capacity. As well, the retail PPA pilot cap of 50 MW in Dominion’s territory has been adjusted. Utilities will be under new and significant mandates with respect to energy storage and Virginia is adopting energy efficiency resource standards for these utilities. Off-shore wind projects get a big boost. Plus, there are schedules established for the closure of certain coal and biomass facilities in Virginia.

Importantly, it looks like Virginia is poised to join the Regional Greenhouse Gas Initiative (RGGI), which will facilitate carbon cap and trade. We are closely examining the other effects of energy and business legislation passed in the session and signed into law by the governor. If you have any questions about new or existing laws on energy regulation, development or any business and energy industry issue, please reach out to one of our energy and business lawyers.

Renewable Energy Down South

Later today, we will be heading to Atlanta for the Southeast Renewable Energy conference being held at the Westin Atlanta Perimeter Hotel. We’re going to this networking event where the entire southeast renewable energy community gathers to get the latest insights into the market and to meet key players as well as clients and colleagues.

In the sessions on Thursday and Friday, we hope to learn about the key trends impacting renewable energy project development, finance and investment; meet with utility procurement managers; and engage in networking with the decision-makers who are driving the industry forward. If you are planning to attend, please look for me and let’s talk about renewable energy in Virginia and the Mid-Atlantic.

If you have questions about or issues in renewable energy, just contact any of our renewable energy lawyers.