EPA Curbs State Review of Energy Projects

June 2, 2020
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The post EPA Curbs State Review of Energy Projects appeared first on POWER Magazine.

The Trump administration on June 1 moved to limit the ability of individual states to use provisions of the Clean Water Act (CWA) to block energy projects, a potential win for the power generation and other energy industry sectors that have battled lengthy licensing and permitting reviews and rejections based on climate change arguments.

The rulemaking is a setback for those who oppose the siting of oil and natural gas transportation pipelines, and power generation projects such as coal- and natural gas-fired power plants, and hydroelectric dams, the permitting of which has been among the biggest legal and political battlegrounds in recent years.  

Environmental Protection Agency (EPA) Administrator Andrew Wheeler on Monday signed a rule that restricts the scope of state reviews under Section 401 of the Clean Water Act. Wheeler defended the action in a call Monday with media, saying the EPA wants “to make sure we are limiting the 401 process just to water quality,” noting the rule excludes limits on state reviews of climate and air pollution impacts.…

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With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions

May 31, 2020
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The post With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions appeared first on POWER Magazine.

vogtle-nuclear-power-plant-construction

Fresh off the announcement that the final module for Vogtle Unit 3 was placed at the nuclear expansion project in Georgia, Southern Company said on May 27 that it was setting “a long-term greenhouse gas (GHG) emissions reduction goal of net-zero emissions by 2050.”

The announcement was made during Southern Company’s annual stockholders meeting, which was held as an online event this year due to the COVID-19 pandemic. The company also reaffirmed its intermediate goal of a 50% reduction of GHG emissions from 2007 levels by 2030.

“I continue to be confident that we are prepared and well-positioned to meet the needs of our customers, employees, communities and investors well into the future and will succeed in the transition to a net-zero carbon future,” Tom Fanning, chairman, president and CEO of Southern Company, said in a statement. “As always, we are committed to providing clean, safe, reliable and affordable energy to the customers we are privileged to serve.”…

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IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves

May 29, 2020
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The post IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves appeared first on POWER Magazine.

Wind turbine

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year. 

In its May 27–issued Notice 2020-41, the IRS essentially modified prior notices addressing the “beginning-of-construction” requirements for both the production tax credit (PTC), which applies to renewables facilities under section 45 of the IRS code, and the investment tax credit (ITC), for energy property under section 48. 

Responding to pleas by industry and a bipartisan group of lawmakers to extend the so-called “Continuity Safe Harbor,” the IRS now gives qualifying renewables projects that began construction in either 2016 or 2017 until December 2021 to complete projects. As crucially, the new notice also provides a three-and-a-half month safe harbor for taxpayer-paid services or property on or after Sept.…

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