Updates to the Interconnection Application Process in the Wake of FERC Order 2023
Earlier this year, Clean Energy Counsel issued a Client Alert regarding the proposed Revised Addendum to Final Proposal and CAISO’s initiative to adopt processes that build on the requirements established by FERC Order 2023. As the process changes continue to move forward, CAISO held a 2024 Resource Interconnection Standards Fair on September 17, 2024, to update stakeholders that have submitted interconnection requests for the Queue Cluster 15 study process (“Cluster 15”).
Developers Encouraged to Participate in Upcoming California RFOs
On June 12, 2024, the CAISO Board of Governors will decide whether to approve the California Independent System Operator (“CAISO”) proposed Revised Addendum to Final Proposal (the “Addendum”). Resulting from the 2023 Interconnection Process Enhancement initiative, which has been a stakeholder process focused on “enhancing coordination of resource procurement and interconnection, resource planning and transmission to achieve state reliability and policy need,” the Addendum clarifies:
New IRA Domestic Content Guidance: New Safe Harbor and Revised Guidance
Yesterday, Treasury and the IRS released Notice 2024-41 modifying Notice 2023-38 which provides for material updates in how taxpayers could qualify for Domestic Content Bonus Credit amounts.
Corporate Transparency Act
The Corporate Transparency Act, which went into effect on January 1, 2024, is intended to counter money laundering, the financing of terrorism, and other illicit activity by requiring the reporting of the beneficial ownership of entities operating in the United States.