Worldwide: Renewables

The global shipping industry is transitioning away from high-emission fuels, creating opportunities for biofuel producers and energy investors. Two federal policy frameworks—Section 45Z and the Renewable Fuel Standard—are shaping the future of low-carbon marine fuels by expanding incentives and improving fuel economics to close the cost gap with conventional options.

The court vacated IRS Notice 2025-42, restoring the Five Percent Safe Harbor as a potential path for certain wind and solar projects to establish beginning of construction.

On June 6, 2026, the U.S. District Court for the District of Columbia vacated Internal Revenue Service (IRS) Notice 2025-42, which eliminated the 5% Safe Harbor for most wind and solar projects seeking clean energy...

A federal court has vacated IRS Notice 2025-42, restoring the Five Percent Safe Harbor for renewable energy projects seeking clean energy tax credits under Sections 45Y and 48E.

During the 2026 ACORE Finance Forum, McDermott’s co-head of Energy & Project Finance, Ed Zaelke, moderated a panel on “Making Markets: Sources of Capital to Meet the Challenge” with Alain Halimi of Nomura...

As the United States grapples with unprecedented electricity demands from AI data centers, electric vehicle adoption, and industrial electrification, the nation faces a critical infrastructure crossroads.

The patchwork of carbon pricing regimes across the U.S. and globally has become one of the most consequential – and least discussed – variables in AI data center siting decisions.

As interconnection queues swell and approval timelines stretch to five years or more, data center developers are increasingly turning to behind-the-meter generation to secure reliable power. While natural gas offers the fastest path, its carbon footprint clashes with net-zero commitments. Small modular reactors are emerging as a compelling carbon-free alternative. This article examines the current state of SMR deployment for data centers and the key regulatory considerations developers should keep in mind.

Throughout April 2026, U.S. Department of Energy (DOE) Secretary Chris Wright testified before four U.S. House of Representatives and U.S.