Today, members of the Transportation and Infrastructure Committee and Aviation Subcommittee announced the introduction of the Aviation Innovation, Reform, and Reauthorization (AIRR) Act (H.R. 4441). The AIRR Act is a six-year reauthorization of the Federal Aviation Administration (FAA). While the proposed reforms to air traffic control garnered the most attention in the media, the AIRR Act also addressed efforts to integrate civil unmanned aircraft systems (UAS) into the National Airspace System (NAS). (more…)
WE KNOW ENERGY®
Unmanned Aircraft System / Drone Update – House Transportation Committee Announces FAA Reauthorization ActWednesday, February 3, 2016 2:13 pm by Michael Weller
The draft comprehensive energy bill released by Senator Murkowski, Chair of the Senate Committee on Energy and Natural Resources, and reflecting her collaboration with Senator Cantwell, the Ranking Member on the Committee, contains a number of provisions relating to hydro. If enacted in anything close to their present form, these provisions would represent the most ambitious reform of the hydroelectric licensing process since the Electric Consumers Protection Act of 1986 (“ECPA”). However, ECPA essentially represented a bargain between owners of existing hydro who were concerned about the possibility of municipal take overs upon relicensing, and the environmental community who wanted to essentially retrofit the National Environmental Policy Act concepts into projects that were developed under the Federal Power Act (“FPA”) and constructed in the early and mid-twentieth century. The most recent draft hydro reform amendments, by contrast, are largely procedural and appear to be designed to make the hydro process ushered in by ECPA actually work more effectively, without the delays, environmental squabbling, litigation and expense engendered by the existing regime. (more…)
Bracewell & Giuliani
On Monday 15th June, Bracewell & Giuliani, Khalid Anwer & Co and the Middle East Solar Industry Association hosted a webinar – Pakistan’s Renewable FiT: What Developers and Lenders Need to Know, which was attended by sponsors, lenders and other key stakeholders. (more…)
Tracy London and Tom Swarbrick
The Government of Egypt has said that it must invest US$12 billion in the electricity sector over the next five years in order to meet the country’s urgent electricity demands. Renewable energy will be a key component, with investment in the sector anticipated to exceed US$10 billion.
In recent years, renewable energy projects in Egypt have been developed under four separate schemes. Two have followed a competitive bid process. Under the first scheme, the New & Renewable Energy Authority (NREA) procured 750 MW of wind power capacity and a further 10 MW of solar capacity. Under the second scheme, Egypt has sought to procure 450 MW of renewable energy supply on a build-own-operate (BOO) basis. (more…)
Hot on the heels of the long-awaited release of definitive guidelines on SPV incorporation (on which we reported on 7 April), the Egyptian Electricity Transmission Company has released discussion drafts of the major project documents proposed for Egypt’s renewable feed in tariff. This programme was launched at the end of 2014 and the first round of bidders was prequalified almost immediately thereafter. Those prequalified bidders are now gearing up to execute their projects – and it is becoming increasingly apparent that this will require them to move with some rapidity. (more…)
Egypt’s Egyptian Electric Utility and Consumer Protection Regulatory Agency – EgyptERA – has issued its long-awaited guidelines on special purpose vehicle incorporation. These guidelines are identical to the draft guidelines on which we reported on 24 March.
As expected, the guidelines permit a prequalified developer to hold equity sufficient to build up to 100MW per substation and in each of the solar and wind programmes. It is understood that there will be four separate solar project substations and five separate wind project substations. Therefore, a single qualified developer could theoretically hold up to 400MW worth of solar projects and up to 500MW of wind projects in the programme. (more…)