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DISCLAIMER: This blog is published for general information only - it is not intended to constitute legal advice and cannot be relied upon by any person as legal advice. U.S. Treasury Regulations require us to notify you that any tax-related material in this blog (including links and attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding tax penalties, and may not be referred to in any marketing or promotional materials.  While we welcome you to contact our authors, the submission of a comment or question does not create an attorney-client relationship between the Firm and you.

Tuesday
Aug162011

Governor's Energy Office Offers Web Resource for Efficiency Incentive Programs

The Maine Office of Energy Independence and Security is now providing information on energy-related grants for Maine businesses, nonprofits, government entities, and others in the state. 

The Web initiative, called Grants Connector, will serve as a resource for information on federal, state, and private energy efficiency incentives and programs.  OEIS will monitor federal and state legislative and regulatory actions, appropriations, and programs and compile the information at Grants Connector.  The initiatives may include investment tools relating to tax credits, rebates, low-interest loans, research and development, pilot programs, and more.  

The Grants Connector website will be updated monthly.  To receive an email notification of each update, email Jeff Marks.

OEIS is an arm of the Governor’s office and does not fund programs directly.

 

 

Friday
Aug122011

Energy News Roundup: August 6-August 12

This week in regional energy news …

Friday
Aug052011

Energy News Roundup: July 30-August 5

This week in regional energy news …

 

Wednesday
Aug032011

Marine Technology Reports on "World Wave & Tidal Market"

An article in the current issue of Marine Technology magazine provides a concise summary of the market and related issues present in the developing wave and tidal renewable energy marketplace.  This is of particular interest to us in New England, considering the tidal range in Maine and on-going tidal projects such as the Muskeget Channel installation, contracted to provide power to both Edgartown and Nantucket.  The article, entitled “World Wave & Tidal Market,” forecasts capital expenditures of $1.2 billion installing 150MW of wave and tidal stream capacity between 2011 and 2015, a six-fold increase over the previous five years.  Tidal projects are expected to be the subject of almost 54% more expenditures than wave projects.  Market issues include the need to bring down current high costs, increase access to capital, improve investor confidence and lessen grid connection constraints.   The entire issue of Marine Technology, including the article, may be accessed here.

Friday
Jul292011

Energy News Roundup: July 23-July 29

This week in regional energy news …

 

 

Wednesday
Jul272011

ISO New England Publishes 2011-2012 Regional Electricity Outlook and 2010 Financial Report

ISO New England has published its fourth annual Regional Electricity Outlook, Bringing Possibilities Into Focus.  Through the Regional Electricity Outlook, ISO-NE hopes to help New England’s energy stakeholders understand the causes and impacts of the challenges facing New England’s evolving electricity landscape.  The report identifies challenges in the areas of “Resource Performance and Flexibility,” “Increased Reliance on Natural-Gas-Fired Capacity,” “Generation Retirements,” “Integration of Variable Resources” and “Aligning System Planning and Wholesale Electricity Markets.”  It discusses “Advancing Grid Planning and Market Design” and describes the gains made by ISO-NE, market participants, states, and other stakeholders toward securing a more reliable and sustainable electricity future for the New England.  Finally, the report provides key facts such as the fact that there has been approximately $4 billion in transmission investment in the region since 2002, with another $5 billion planned.

ISO New England has also published its 2010 Financial Report. That annual report includes a Management Discussion and Analysis that describes last year’s operations and impacts on ISO-NE’s financial position as well as ISO-NE’s audited financial statements. The Regional Energy Outlook and the Financial Report are posted together on ISO-NE’s website.

 

Friday
Jul222011

Energy News Roundup: July 16-July 22