Energy Policy Act

World Energy Invited to Submit Part II Application for the U.S. Department of Energy Loan Guarantee

Retrieved on: 
Monday, March 18, 2024
Energy Policy Act, Part, LPO, Aviation, Carbon, Primary energy, DOE, SAF, Renewable energy

BOSTON, March 18, 2024 /PRNewswire/ -- World Energy, LLC, a low-carbon solutions pioneer and leading SAF producer, today announced it has been invited by the U.S. Department of Energy (DOE) to submit the Part II Application for an approximately $2 billion loan guarantee through the Title 17 Clean Energy Financing Program.

Key Points: 
  • BOSTON, March 18, 2024 /PRNewswire/ -- World Energy, LLC, a low-carbon solutions pioneer and leading SAF producer, today announced it has been invited by the U.S. Department of Energy (DOE) to submit the Part II Application for an approximately $2 billion loan guarantee through the Title 17 Clean Energy Financing Program.
  • We applaud the leadership shown by the Biden-Harris administration and the Department of Energy to collaborate with private industry to meet this critical need."
  • World Energy's invitation to advance in the loan guarantee application process highlights the company's dedication to sustainable innovation and carbon reduction solutions for hard-to-abate sectors.
  • The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II Application, and DOE's determination whether to proceed.

179D Tax Deduction (2024): Guide on How To Claim Published by Better Business Advice

Retrieved on: 
Friday, March 1, 2024
Professional Services, Business, Environment, Commercial Building & Real Estate, Green Technology, Construction & Property, Accounting, Documentation, HVAC, Inflation, Real estate investment trust, Tax, IRS, Certification, Energy Policy Act, ETS, Life insurance

Better Business Advice takes readers through a step-by-step process on how to claim the deduction, emphasizing the importance of each phase from assessing project eligibility to engaging qualified professionals for certification.

Key Points: 
  • Better Business Advice takes readers through a step-by-step process on how to claim the deduction, emphasizing the importance of each phase from assessing project eligibility to engaging qualified professionals for certification.
  • The guide underscores the significance of maintaining detailed documentation as a critical component for substantiating the deduction during IRS audits.
  • Addressing the challenges and considerations inherent in claiming the 179D deduction, Better Business Advice underscores the indispensable role of Engineered Tax Services .
  • For more information on the 179D Tax Deductions and to access the complete guide, visit Better Business Advice's website .

FTC Issues Annual Report on Ethanol Market Concentration 2023

Retrieved on: 
Wednesday, January 3, 2024
Federal Trade Commission, Competition, Industry, Social media, Ethanol, Exercise, Blog, Energy Policy Act, Commission, Bureau, FTC, News

The Federal Trade Commission has issued its 2023 Report on Ethanol Market Concentration.

Key Points: 
  • The Federal Trade Commission has issued its 2023 Report on Ethanol Market Concentration.
  • The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.”
    As in prior years, the 2023 report concludes that “[t]he level of concentration and large number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or coordinate on price or output levels, is unlikely on a nationwide basis.”
    The Commission vote to approve the report was 3-0.
  • The lead staff attorney on this matter for the FTC is Christopher Grengs in the Bureau of Competition.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

FTC Seeks Public Comments on Review of Labeling Requirements for the Alternative Fuels Rule

Retrieved on: 
Thursday, October 26, 2023
Comment, Consumer protection, Federal Trade Commission, Commission, Social media, AFV, EV, Energy Policy Act of 1992, Regulations.gov, Environmental protection, News, Energy Policy Act, Fuel pump, Federal Register, Electricity, Nutrition labeling requirements of the Affordable Care Act, Systematic review, Hydrogen, EPA, Review, FTC, Blog, Register, Dietary supplement

The Federal Trade Commission is seeking public comments on the costs, benefits, necessity, and regulatory and economic impact of its Labeling Requirements for Alternative Fuels and Alternative Fueled Vehicles (AFVs), also called the Alternative Fuels Rule, including issues related to electric vehicle charging stations.

Key Points: 
  • The Federal Trade Commission is seeking public comments on the costs, benefits, necessity, and regulatory and economic impact of its Labeling Requirements for Alternative Fuels and Alternative Fueled Vehicles (AFVs), also called the Alternative Fuels Rule, including issues related to electric vehicle charging stations.
  • The FTC is conducting this review as part of its ongoing, systematic review of all agency rules and guides.
  • The FTC first published the Alternative Fuels Rule in 1995 as directed by the Energy Policy Act of 1992.
  • In addition to seeking comments on general questions about the rule, the FTC now seeks comments on specific issues related to electric vehicle charging stations.

FTC Seeks Public Comments on Review of Labeling Requirements for the Alternative Fuels Rule

Retrieved on: 
Tuesday, October 24, 2023
Comment, Consumer protection, Federal Trade Commission, Commission, Social media, AFV, EV, Energy Policy Act of 1992, Regulations.gov, Environmental protection, News, Energy Policy Act, Fuel pump, Federal Register, Electricity, Nutrition labeling requirements of the Affordable Care Act, Systematic review, Hydrogen, EPA, Review, FTC, Blog, Register, Dietary supplement

The Federal Trade Commission is seeking public comments on the costs, benefits, necessity, and regulatory and economic impact of its Labeling Requirements for Alternative Fuels and Alternative Fueled Vehicles (AFVs), also called the Alternative Fuels Rule, including issues related to electric vehicle charging stations.

Key Points: 
  • The Federal Trade Commission is seeking public comments on the costs, benefits, necessity, and regulatory and economic impact of its Labeling Requirements for Alternative Fuels and Alternative Fueled Vehicles (AFVs), also called the Alternative Fuels Rule, including issues related to electric vehicle charging stations.
  • The FTC is conducting this review as part of its ongoing, systematic review of all agency rules and guides.
  • The FTC first published the Alternative Fuels Rule in 1995 as directed by the Energy Policy Act of 1992.
  • In addition to seeking comments on general questions about the rule, the FTC now seeks comments on specific issues related to electric vehicle charging stations.

Global Industrial Motors Market Outlook & Forecast Report 2023-2028 Featuring Key Vendors - ABB, Allied Motion, Ametek, CG Global, Danfoss, Johnson Electric, NIDEC, Regal Rexnord, Siemens, & WEG - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 10, 2023
HVAC, Machinery, Manufacturing, Mining, Urbanization, VFD, End Use Energy Demand Centres, Automation, Energy Policy Act, Organization, DC, Nidec, MEPS, AC, FHP, IE4, Energy policy of the European Union, Workforce, Growth, ABB, Heat, Minimum energy performance standard, Epact, IHP, Air conditioning, Internet of things, Acceleration, Renewable energy, Automotive industry, Heating, ventilation, and air conditioning, Warehouse, Electric motor, Ventilation, EU

As we navigate through this report, you will find valuable value propositions for product development and gain valuable insights into the major vendors dominating the Industrial Motors Market.

Key Points: 
  • As we navigate through this report, you will find valuable value propositions for product development and gain valuable insights into the major vendors dominating the Industrial Motors Market.
  • The Asia-Pacific (APAC) region emerged as the frontrunner in the global industrial motors market, capturing a commanding share of over 33% in 2022.
  • Within APAC, key players in the industrial motors market include China, Japan, India, and South Korea, all of which are significant markets for industrial motors.
  • The industrial motors market encompasses two main types of motors: AC and DC motors, both widely used across various applications.

Sunnova Signs $3.0 Billion Loan Guarantee Agreement with U.S. Department of Energy to Expand Clean Energy Access

Retrieved on: 
Thursday, September 28, 2023
Residential Building & Real Estate, White House, Federal Government, Alternative Energy, Construction & Property, Energy, Green Technology, Technology, Finance, Banking, Apps, Applications, Professional Services, Environment, Public Policy, Government, Software, Utilities, U.S. Department of Energy, Office of Inspector General, VPP, NOVA, John Berger (author), Energy Policy Act, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, Consumer, Ball State Center for Energy Research/Education/Service, Cloud computing, Energy Policy Act of 2005, Kramer Levin Naftalis & Frankel, DOE, LPO, Citigroup, Panda Energy International, FICO, Greenhouse, NYSE, ATLAS, Renewable energy, Hestia, Sunnova

Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.

Key Points: 
  • Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
  • “Today marks the beginning of an exciting chapter in our pursuit of a cleaner and more equitable energy landscape.
  • Sunnova anticipates the loan guarantee agreement will support over an estimated $5.0 billion in Sunnova loan originations, reduce the company’s weighted average cost of capital, and generate interest savings.
  • The DOE loan guarantee agreement is issued pursuant to Title XVII of the Energy Policy Act of 2005.

Blue Biofuels Reveals the Highly Positive Impact of the Inflation Reduction Act on Its Business Outlook

Retrieved on: 
Tuesday, July 25, 2023
Carbon, PALM, CFPC, Energy Policy Act, Cellulose, Tonne, Ethanol, SAF, Sugar, RIN, Aviation, OTCQB, Energy Policy Act of 2005, Environmental policy of the Joe Biden administration, LCFS, Consultant, Government, EPA, Inflation, BEACH, Biofuel, Aviation biofuel, Inflation Reduction Act of 2022, Transport, Renewable energy

Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.

Key Points: 
  • Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.
  • The Inflation Reduction Act passed on August 16, 2022, and clarified this year by the Biden Administration, provides additional fuel credits.
  • Section 45Z of the Inflation Reduction Act offers a Clean Fuel Production Credits (CFPC) per gallon of transportation fuel produced.
  • Blue Biofuels offers a unique path to making SAF that belongs only to Blue Biofuels.

Sunnova Announces $3 Billion U.S. Department of Energy Conditional Commitment to Expand Clean Energy Access and Lay Foundation for Virtual Power Plant Capabilities

Retrieved on: 
Thursday, April 20, 2023
Utilities, Environment, Technology, Alternative Energy, Green Technology, Energy, Software, U.S. Department of Energy, Office of Inspector General, VPP, NOVA, John Berger (author), Energy Policy Act, U.S. Department of Defense Strategy for Operating in Cyberspace, Consumer, Ball State Center for Energy Research/Education/Service, Cloud computing, Energy Policy Act of 2005, Kramer Levin Naftalis & Frankel, DOE, LPO, Citigroup, Panda Energy International, FICO, Greenhouse, NYSE, ATLAS, Renewable energy, Hestia, Sunnova

To be eligible, each energy system must be outfitted with Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.

Key Points: 
  • To be eligible, each energy system must be outfitted with Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
  • Sunnova believes this approach is expected to expand access to Sunnova’s EaaS offerings, lay the foundation for future virtual power plant (VPP) activities, decrease greenhouse gas emissions, and increase the demand response impact of residential power systems.
  • “Project Hestia would make possible a historic private sector investment in disadvantaged American communities and energy infrastructure,” said William J.
  • Baker Botts acted as legal advisor to Sunnova and Kramer Levin acted as legal advisor to the financial advisors.

Calumet Reaches Key Application Milestone for Loan Guarantee from the U.S. Department of Energy

Retrieved on: 
Monday, March 27, 2023
U.S. Department of Energy, Office of Inspector General, Energy Policy Act, Aviation, Calumet Specialty Products Partners, Energy Policy Act of 2005, Part, DOE, LPO, MRL, Title, Renewable energy, Calumet

INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that its Montana Renewables subsidiary has been invited by the U.S. Department of Energy to submit a Part II Application for a $600 million loan guarantee through the Title XVII Innovative Clean Energy Loan Guarantee Program.

Key Points: 
  • INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that its Montana Renewables subsidiary has been invited by the U.S. Department of Energy to submit a Part II Application for a $600 million loan guarantee through the Title XVII Innovative Clean Energy Loan Guarantee Program.
  • Achieving this invitation to the Part II process is a key milestone for Calumet in the Department of Energy's Loan Programs Office ("LPO") process.
  • The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II Application, and DOE's determination whether to proceed.
  • "On behalf of all of Calumet, we thank the LPO for the opportunity to advance to Phase II of the loan application process," said Bruce Fleming, CEO of Montana Renewables, LLC ("MRL").