Australian government legislates for net zero by 2050, locks-in pledge to prevent future reversals
Last week, the Australian federal government proposed legislation that will certainly lock-in Australia's commitment to accomplish net zero by 2050 along with offering greater oversight as well as accountability over progression on climate change in a sharp separation from the previous administration.
Aug 4, 2022 // Markets & Finance News, Policy, Australia, Oceania, coal, legislation, net zero, legal
Spain slaps windfall tax obligation on power companies
Spain will introduce a windfall tax on power firms and banks from following year to fund steps designed to assist Spaniards handle soaring inflation.
Jul 15, 2022 // Markets & Finance News, Spain, Europe, policy, legislation, utility, energy crisis, inflation, Windfall tax
Net metering development can 'substantially' increase rooftop solar in Mississippi
The Mississippi Public Service Payment has actually voted to embrace an upgraded set of net metering and also interconnection rules in a move that can "considerably" expand roof solar in the state.
Jul 15, 2022 // Rooftop PV, USA, Mississippi, North America, policy, net metering, legislation
Spain slaps windfall tax on power companies
Spain will present a windfall tax on power companies as well as financial institutions from next year to fund measures made to assist Spaniards manage rising inflation.
Jul 14, 2022 // Markets & Finance News, Spain, Europe, legislation, utility, energy crisis, inflation, Windfall tax
Rallies anticipated in California as CPUC meets to discuss NEM3.0.
Rallies are set to be kept in San Francisco and also Los Angeles as the California Public Utilities Commission (CPUC) meets to discuss controversial net metering proposals for the state.
Jun 2, 2022 // Plants, Markets & Finance News, Policy, California, USA, CPUC, North America, rooftop solar, Gavin Newsom, net metering, legislation, nem3.0, net energy metering
Green hydrogen infrastructure, legislation required to build on REPowerEU plan
Europe has established a leading position throughout the green hydrogen value chain but now should increase financial investments to develop out infrastructure while committing green hydrogen targets to legislation.
May 18, 2022 // Markets & Finance News, Policy, European Union, green hydrogen, european commission, legislation, REPowerEU
Florida legislators vote to eliminate roof solar net metering
Florida lawmakers have actually passed a costs that will remove credits for families with PV systems, amidst warnings that the legislation could undercut the state's rooftop solar market.
Mar 9, 2022 // Residential, Policy, Rooftop PV, USA, SEIA, Florida, North America, US utilities, Vote Solar, net metering, legislation
Biden set to separate BBB however poised to prioritise clean energy parts of bill
President Joe Biden thinks he can win support for the energy and also ecological campaigns included in his Build Back Better (BBB) Act, saying he is confident of obtaining "big chunks" of the US$ 1.75 billion legislation authorized into regulation.
Jan 20, 2022 // Markets & Finance News, Policy, USA, North America, Joe Biden, investment tax credit, policy, Joe Manchin, legislation, Build Back Better
Solar modules readied to gain from reduced VAT rates in EU
Solar modules marketed in the European Union (EU) could be subject to lower value included tax (VAT) rates after an agreement was reached this week by finance ministers from throughout the bloc.
Dec 9, 2021 // Markets & Finance News, SolarPower Europe, European Union, legislation, tax, european council
ITC extension, domestic production support included in US Democrats' Build Back Much better framework
US clean power and environment adjustment actions would receive US$ 555 billion of financial investments under a suggested economic framework unveiled by President Joe Biden yesterday (28 October).
Nov 1, 2021 // Markets & Finance News, USA, SEIA, ENERGY STORAGE, ITC, North America, investment tax credit, legislation, biden administration, nancy pelosi, budget reconciliation, infrastructure bill
Illinois climate bill to sustain virtually 10GW of solar PV by 2030
The Senate of Illinois has passed regulations that will commit the US state to getting to 50% renewables by 2040 and 100% carbon-free electrical energy by 2045.
Sep 15, 2021 // Markets & Finance News, USA, SEIA, ENERGY STORAGE, North America, Illinois, energy transition, legislation, renewable portfolio standards
Washington state reveals policies to guide utilities to carbon-free generation by 2045
Utilities running in the US state of Washington should remove coal-fired generation by the end of 2025 as well as resource 100% of their electricity from sustainable or non-carbon-emitting resources by 2045, according to new guidelines revealed by regulators.
Jan 12, 2021 // Markets & Finance News, Policy, USA, Washington, utilities, North America, legislation, pacific power, avista, puget sound energy
New york city's financial alleviation strategy to back 'quick change to tidy renewable resource'
Severely struck by the COVID-19 dilemma, New York State has actually decided to "drastically accelerate the siting as well as building of tidy power projects" as one aspect of its roadmap for financial return.
Apr 6, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, USA, New York, North America, energy transition, covid-19, legislation, permitting, large-scale renewables, community benefit, clean energy targets, economic stimulus, employment, labour