Renewable Energy Project Development and Regulation | L4509
Continuing a policy trend that has gathered momentum for several years, the federal, state and local governments have strongly encouraged renewable energy development in the United States to address several important strategic objectives, including (i) reducing the threat of climate change, (ii) spurring the economy out of recession, and (iii) providing energy security to the United States. A national renewable energy standard is in discussion. Many states have already established progressive renewable portfolio standard targets, and just about everyone has something to say about the new "green economy." Renewable energy will play a very important global role in the years to come, and practitioners who wish to master the law of renewable energy will need to speak the language of renewable energy fluently.
This course will examine the broad range of legal topics that a renewable energy lawyer must understand in order to practice effectively. We will examine the structure, regulation, and functioning of the electric energy industry in the United States. We will explore in detail the law applicable to the development, ownership and operation of renewable energy projects across the spectrum of technologies. Significant emphasis will be placed on the practical "real world" issues encountered in developing, financing and operating these projects. While the primary focus of this course is the regulation and development of renewable energy projects, we will also explore the renewable energy policy arena and its implications, and the mechanics and issues associated with financing energy projects. Finally, the course will also address legal, policy and economic and financing issues associated with the expansion and improvement of the transmission grid to support renewable energy development. Various guest lecturers including leading practitioners in the field and developers of renewable energy projects in the region will participate in the course.
Credit Hours: 3
ULW: This course does not satisfy the Upper Level Writing requirement (ULW)