Biofuels

Hawaiian Electric Companies Propose Comprehensive Energy Plans

Hawaiian Electric Companies have proposed comprehensive electric energy plans with a goal to achieve more than 65 percent renewable energy by 2030.   On August 26, 2014, the Hawaiian Electric Companies – Hawaiian Electric, Maui Electric, and Hawaii Electric Light Company – proposed electric energy plans in response to the Hawaii Public Utilities Commission’s (PUC)…...

IRS Clarifies Eligibility Criteria for Renewable Energy Tax Credits

IRS Notice 2014-46 provides additional eligibility clarification for renewable energy tax credits and lowers the Safe Harbor requirement from 5 percent to 3 percent. On August 8, 2014, the Treasury Department and the Internal Revenue Service (IRS) released guidance (Notice 2014-26) providing additional clarification regarding eligibility requirements for the renewable electricity production tax credit (PTC)…...

Massachusetts Enacts Legislation Establishing Thermal Energy Credits

Massachusetts has enacted legislation, qualifying renewable heating and cooling technologies for Alternative Energy Credits under the Alternative Energy Portfolio Standard. On August 1, 2014, the Massachusetts Legislature enacted S 2214 – An Act Relative to Credit for Thermal Energy Generated with Renewable Fuels – mandating utilities to procure renewable thermal energy credits to meet their…...

California and Mexico Sign Climate and Energy Agreements

During a Trade and Investment Mission to Mexico, California Governor Brown signed agreements with Mexico to enhance cooperation on environmental issues and encourage cross-border clean energy investments. On July 28, 2014, California Governor Edmund G. Brown, Mexico’s Ministry of Environment and Natural Resources Undersecretary Rodolfo Lacy, and Mexican National Forestry Commission Director General Jorge Rescala…...

New Initiative to Promote Efficient Wood-Heating Technologies

Renewable Heat NY will facilitate a sustainable, high-efficiency, and low-emissions wood heating sector across New York. On July 29, 2014, Governor Andrew M. Cuomo launched Renewable Heat NY, a $27M initiative aimed to build market for high-efficiency, low-emissions wood-fired heating systems across state.  The initiative will offer incentives to replace highly polluting outdoor and indoor…...

DOE Issues $4B Loan Guarantee Solicitation

DOE has issued a $4B loan guarantee solicitation to support innovative renewable energy and energy efficiency projects that mitigate greenhouse gas emissions. On July 3, 2014, the Department of Energy (DOE) issued a loan guarantee solicitation of up to $4B for innovative renewable energy and energy efficiency projects aimed to prevent, reduce, or sequester greenhouse…...

New York Doubles Contract Length for Large-Scale Renewable Projects

Revisions to New York’s Main Tier RPS will increase contract lengths for large-scale renewable projects from 10 years to 20 years, providing greater investor certainty. On July 2, 2014, the New York State Public Service Commission (PSC) announced major changes to the state’s Main Tier Renewable Portfolio Standard (RPS) program to promote large-scale renewable projects…....

NY Governor Announces $200M for Buffalo Billion Initiative

New investments in the Buffalo Billion initiative, including advanced manufacturing and clean energy technologies, are expected to create more than 1,300 jobs. On June 30, 2014, New York Governor Andrew M. Cuomo announced approximately $200M in Buffalo Billion Initiative funding to support high-tech projects that would create more than 1,300 jobs, boost economic growth, and…...

EPA Extends 2013 RFS Compliance Deadline

EPA has extended compliance demonstration and attest engagement reporting deadlines for 2013 Renewable Fuel Standards. On June 16, 2014, the Environmental Protection Agency (EPA) published to the Federal Register a rule extending regulatory deadlines for obligated entities under the 2013 Renewable Fuel Standards (RFS) program to ensure timely amendment of current deadlines before compliance obligations take…...

Biodiesel Producers Call for Higher RFS Mandate

Biodiesel producers have written to President Obama requesting a higher biofuel blending mandate under the 2014 Renewable Fuel Standard to enable sustained industry growth. On May 29, 2014, 117 biodiesel companies and businesses represented by the National Biofuel Board (NBB) wrote to President Obama petitioning for a higher biofuel blending mandate under the 2014 Renewable…...

Federal Regulations and Tax Credits Support Diesel and Natural Gas Vehicle Adoption

Despite the recent surge in domestic crude oil and natural gas production, diesel-fueled passenger vehicles and natural gas-fueled fleet vehicles still face challenges in achieving large-scale adoption. Overview Diesel-fueled vehicles provide an option for manufacturers to meet Environmental Protection Agency (EPA) emissions standards and National Highway Traffic Safety Administration average fuel-efficiency standards of 54.5 miles…...