June 17, 2009
Federal Dollars Will Fuel Investment into Renewables
The American Recovery and Reinvestment Act of 2009 provides a flow of federal dollars to developers of renewable energy technologies and other energy-related technologies. On the "how" of the equation, Ted Murphy, energy lawyer with the firm's Washington office, points out that the Department of Energy has set goals to start making loan guarantees and has stated a desire to have monies available by July.
Murphy's practice focuses on energy regulation, particularly FERC electric regulation, FERC jurisdiction over electric utility sector transactions under Section 203 of the Federal Power Act, electric reliability matters, the restructuring of the U.S. electric and gas industries, and the Public Utility Holding Company Act ("PUHCA").