As the 115th Congress gets underway, Senators Rob Portman (R-OH) and Jeanne Shaheen (D-NH) have reintroduced the Energy Savings and Industrial Competitiveness Act, better known as Portman-Shaheen. The bill is cosponsored by Senators Michael Bennet (D-CO), Susan Collins (R-ME), Chris Coons (D-DE), Al Franken (D-MN), Joe Manchin (D-WV), Mark Warner (D-VA), and Roger Wicker (R-MS).

Portman-Shaheen was introduced in the previous three congresses with bipartisan support. The bill is aimed at using low-cost tools to make it easier for private sector energy users to become more efficient while also making the country’s largest energy user – the federal government – more efficient.

The bill is focused on Buildings, Manufacturers, and the Federal Government:

Continue Reading Portman-Shaheen Energy Efficiency Bill Reintroduced in Senate

Seed financing is critical to entrepreneurs and emerging growth stage companies looking to jumpstart their business, yet the initial investment a business needs can often be the hardest to find. Particularly for clean energy companies building new, industry-disrupting technologies, bringing in early financing can enable start-ups to develop and test their products and designs. On Thursday, February 16, our own Kristin Gerber, an attorney in Mintz Levin’s Corporate & Securities Practice, will host an event in Cambridge, MA entitled “Overview of Seed Stage Financing Structures.” Kristin will address many questions surrounding seed financing, including how entrepreneurs can exact the most mileage out of this category of finding and how this financing can be structured.

Continue Reading Upcoming Event: Overview of Seed Stage Financing Structures

A group of Republican senior statesmen is calling for a carbon tax to fight climate change. Led by former Secretary of State James A. Baker III, former Secretary of State George P. Shultz and former Secretary of Treasury Henry M. Paulson Jr., the group believes a carbon tax, which depends on increasing fossil fuel prices to reduce consumption, is a “conservative climate solution” based on free-market principles. Baker and his colleagues met with White House officials on Wednesday to discuss their proposals, which would eliminate nearly all of the Obama Administration’s climate policies with a national carbon tax. This rising tax would start at $40 per ton and be returned to every American in the form of a quarterly check from the Social Security Administration. To learn more about their proposal, read on!

Continue Reading GOP Senior Statesmen Call for Carbon Tax

In our current business environment, managing cybersecurity risks is of the utmost importance. Our own Tom Burton, Member of the firm’s Corporate & Securities Section and Founder and Chair of the firm’s Energy Technology Practice, was recently interviewed by Marcus McInnis, Director of Operations for Lockheed Martin’s Cybersecurity Innovation Center, on this increasingly popular topic. In the interview, featured by ThreatReady Resources, Tom discusses the impact of data breaches in the M&A context, prevention methods, and more.

For tips on protecting your company, click here to view the full interview.

The United States and Canada form the largest integrated energy market in the world, operating on more than 50 grid connections of transmission wires and pipelines, according to EUCI. EUCI’s 3rd Annual U.S./Canada Cross-Border Energy Trade Summit will look at the state of energy trade in the Northeast, focusing on recent and proposed cross-border transmission projects for power and natural gas. Industry and policy-maker experts will evaluate the complex process of facilitating increased energy transactions, with emphases on the related intricate planning, multi-party cooperation, and associated regulatory, technical, and financial issues. Taking place March 1-2 in Boston, panel discussions will evaluate the role of Canadian imports for an optimal future resource mix in the Northeast, debating how to balance the often-competing needs of competitive markets, energy security and diversity, environmental compliance, and economic growth in an increased cross-border energy future.

Continue Reading Upcoming Event: EUCI’s U.S./Canada Cross-Border Energy Trade Summit

With President-Elect Donald Trump and his administration officially moving into the White House this Friday, the landscape of energy policy, investment, and incentives could see major changes in 2017. Given this backdrop, it seems like a good time to review some of the most important trends and policies concerning clean energy that we covered in 2016.

Here are 2016’s top 5 most popular blog posts at Energy Tech Matters:

Continue Reading Year in Review: The Most Popular Blog Posts of 2016

Financial advisory and asset management firm Lazard recently published its annual report on the costs of electricity generation technologies, finding that the costs for clean energy projects continue to decrease. The tenth version of Lazard’s Levelized Cost of Energy Analysis (LCOE 10.0) shows that the cost of large-scale solar projects continue to rapidly decline, falling by 11% in 2016 and thus 85% since 2009. This makes new solar projects competitive with natural gas power plants in some regions of the U.S., even before federal investment tax credits, and in many regions across the country, wind projects are the lowest cost option among all energy technologies, before federal tax credits. To learn more about Lazard’s report, read on!

Continue Reading Lazard Annual Report Reveals Steady Decline in Costs of Clean Energy Technologies

On December 15, 2016, the MIT Energy Initiative (MITEI) released an in-depth research report providing guidance for the evolving electric power sector. The MITEI report, The Utility of the Future, proposes major regulatory, policy, and market overhauls to electric power systems around the world for efficient integration of distributed and centralized energy resources. Through a set of analysis-based recommendations, the comprehensive study has two overarching proposals: the development of a comprehensive system of prices and regulated charges that apply to all network users, and the removal of inefficient barriers that currently impede the integration and competition of distributed and centralized resources. To learn more about MITEI’s report, read on! Continue Reading MIT Energy Initiative Releases Report for Evolving Electric Power Sector

Settling during your appeal of an unfavorable district court judgement may leave you stuck with the lower court’s original ruling, as suggested in the recent district court ruling in Protegrity USA, Inc., et al. v. Netskope, Inc., Case No. 15-cv-02515-YGR (N.D. Cal. Sept. 13, 2016).

Our colleagues William Meunier and Matthew Galica published “Think Before You Settle: Protegrity Teaches Timing is Important When Negotiating Settlement Agreements” on Global IP Matters, which was then featured in The National Law Review. Continue Reading Think Before You Settle: Protegrity Teaches Timing is Important When Negotiating Settlement Agreements

The Obama Administration recently announced new financing for renewable energy projects through several initiatives domestically and around the globe. From committing $125 million in Overseas Private Investment Corporation (OPIC) financing for renewable energy projects in El Salvador and India to announcing seven Innovation Challenges with a goal of reducing carbon emissions, the Administration hopes to continue the global transition to zero-and-low carbon energy sources. To learn more about these new initiatives, read on!

Continue Reading Obama Administration Announces New Financing and Innovation Actions for Renewable Energy