Lava Law - Legal Issues in Geothermal Energy Development
As a reliable renewable energy source, geothermal can help power our homes and businesses and buttress local economies while leaving cleaner skies for our children. Major global corporations, new sources of investment capital, and power buyers large and small have been drawn to geothermal power. The Energy Policy Act of 2005 provided long-awaited federal support. At the same time, more and more states are crafting legislation to support renewable energy and a cleaner environment, including renewable portfolio standards and tax incentives. The industry outlook is strong.
Nonetheless, geothermal energy projects like other major projects face a plethora of real property issues, regulatory and permitting requirements, interconnection, transmission, andpower purchase negotiations, financing challenges, tax matters, and construction contracting issues.
Recognizing these challenges, and as part of our commitment to the growth and success of the renewable energy industry, in 2004 the Stoel Rives Geothermal Team developed LAVA LAW: Legal Issues in Geothermal Energy Development. This guide contains insights we have gained during the last ten years of serving the U.S. geothermal industry.
We update this publication annually, so please contact us with any comments.
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