The Renewable Energy Challenge
ScottMadden's understanding of the issues and approach to developing implementation strategies
A presentation by three ScottMadden partners, Jere Jacobi, Stu Pearman, and Brad Kitchens, who are actively engaged in supporting clients on this most important issue.
Carbon will have a price and soon. Regions and states are already creating a patchwork quilt of carbon rules and the proposed federal legislation (Warner-Lieberman) allocates far fewer allowances than today's generation output requires. Renewables offer one solution to a complex set of issues by offering a means to hedge the supply portfolio, both geographically and by fuel source. Renewable portfolio standards are proliferating and increasing in scope. RPS standards now apply to 40% of the U.S. load and in the past two years one third of the standards have been adopted and Federal legislation is becoming a definite possibility. Developing a strategy, business model, and business case for renewables is complex and time consuming, requiring a unique combination of skills that include origination and project development for permitting, licensing, incentive, tax and credit management.
ScottMadden can bring to bear partners and staff with experience in renewables strategy and business model development as well as legal and transactional matters and offer assistance in creating a renewables portfolio strategy, developing expertise across all phases of the renewables value chain, building business model capabilities and expertise, narrowing and making renewables portfolio choices, and understanding evolving renewables legislative, tax, and standards interpretation.