Joel Meister

Renewable Energy Tax & Project Finance | Politics | Good Music | Opinions expressed are my own and do not consist of legal advice | RTs ≠ endorsements

[Joel Meister @MeisterWorks]

Glad you had a great time, too, @deafheavenband. Come back to DC soon!

[Joel Meister @MeisterWorks]

@FoleyandLardner #Energy Team in full swing at @Infocast's #Finance Summit, including a panel on Labor/Apprenticeship #tax issues moderated by Adam Schurle. Thanks panelists Navisun, @Origis_Services, @McCarthyBuild, & @LIUNA! #SolarWind23 Guidance recap: https://t.co/ux1tJcFlZg

[Joel Meister @MeisterWorks]

New podcast episode is up, touching on the latest chatter from the Infocast Projects & Money conference in New Orleans. Which conference will the Foley team see YOU at this year? #PoweredbyFoley #energy #podcast https://t.co/BicghsI1iM

[Nat Bullard @NatBullard]

Notable that for California solar project developers there is basically no such thing anymore as solar WITHOUT storage. And for any other ISO or balancing authority, it’s only a matter of time before they all look like the west. https://t.co/N88lq7kL1T

[Jason Burwen 🔋🔋🔋 @jburwen]

With Hurricane Ian likely to create long lasting power outages, this report on back-up capabilities of customer-sited #energystorage and #solar is critical. Even small systems can enable large % of households to be resilient. This should become standard in hurricane-prone areas.

[Joel Meister @MeisterWorks]

It's getting technical early this am, but we've got our coffee! Excited to finally be back in the conference game at @infocast_events #HydrogenHubs. Don't miss @FoleyandLardner's Tom Hoffmann moderate his panel @ 1:30 on #power #grid applications.

[Joel Meister @MeisterWorks]

In the latest episode of the Powered by Foley podcast, @FoleyandLardner's Adam Schurle & Tori Roessler join us to dig into the Inflation Reduction Act's changes to the #ITC and #PTC & unpack key considerations for #solar, #wind and #energystorage projects. https://t.co/ldXfFGdpZQ

[Joel Meister @MeisterWorks]

@jburwen @cody_a_hill @SolarInMASS @a_s_chapman @MarieWasher @USCleanPower Agree they will want to get details right. Industry will definitely need to be engaged to educate on the technical characteristics of these projects so guidance is clear and reflects Congressional intent. Fortunately, I think the original Reg Project helped w Treas learning curve

[Joel Meister @MeisterWorks]

@a_s_chapman @cody_a_hill @jburwen @MarieWasher We highlighted the retrofits issue often over the years in PLR and ITC Reg Project comments, noting that adding storage to existing projects should qualify - and I think many understood the rationale. So makes sense they might try to cover those in the language.

[Joel Meister @MeisterWorks]

@a_s_chapman @cody_a_hill @jburwen @MarieWasher Guidance will reveal wrinkles in views but B(i) is post-IRA storage added to existing pre-IRA, placed-in-service storage; B(ii) is later additions of storage to post-IRA storage projects. In both, I think they are saying they should qualify even if capacity is used inartfully.

[Joel Meister @MeisterWorks]

@jburwen @cody_a_hill @a_s_chapman @MarieWasher Always happy to chat! I think this is one (of many areas) where guidance by Treasury is important. One note however: the 80/20 Rule is more for when you are trying to claim that the entirety of the existing facility (or energy property) is eligible for a credit (eg wind repower)

[Joel Meister @MeisterWorks]

In its inaugural podcast episode, Powered by Foley launches into discussion on the #Auxin case & Biden #solar Executive Order with former #Commerce Dept. chief of staff/acting general counsel (and current Foley partner) Mike Walsh. https://t.co/4x2IUpIDHX

[Joel Meister @MeisterWorks]

This week, @Energy announced significant funding opportunities to support a robust domestic #battery #supplychain and keep pace with #EVs and stationary #energystorage. We break them down for you on the @FoleyandLardner Energy blog: https://t.co/Ng6ceRzAJo

[U.S. Department of Energy @ENERGY]

NEWS: Thanks to @POTUS’ Infrastructure Law, we’re investing $3.1B to:
🚗 Make electric vehicles more affordable
🔋 Advance battery technologies to charge faster, longer
🛡 Store & dispatch more renewable energy
🇺🇸Protect the planet with American ingenuity
https://t.co/7MdevxNYlB

[The Sunion @thesunionnews]

Oh Crap, The CEO Just Said “I Think We Should Make One More Run At This Opportunity Zone Thing” https://t.co/iOBDoK95HO

[The Sunion @thesunionnews]

Report: 2.8% Of Developers Whose Entire Business Plan Relies On Securing Letters Of Credit Actually Know What That Financial Instrument Is https://t.co/4Cp2lSaCYX

[Utility Dive @UtilityDive]

New York to double energy storage target to at least 6 GW by 2030 https://t.co/09NBGrzyb2

[Jeff St. John @jeffsaintjohn]

What happens when the cost of electricity is dominated by the fixed costs of the infrastructure to deliver it, rather than the cost of generating the power itself? We're about to find out: https://t.co/jD83htkgUy

[Tal Barak Harif @TalBarakHarif]

I feel like everyone I know either has Covid or a new job

[Joel Meister @MeisterWorks]

Stem, ENGIE North America partner to integrate storage management and EV charging platform https://t.co/FJMt7oRlWU via @UtilityDive

[Joel Meister @MeisterWorks]

A new plan for solar net metering could slow adoption of home batteries — just when the state needs them most. @CanaryMediaInc https://t.co/rVMKvHfpHB