Questions Remain Around BLM’s Renewable Energy Rents Rule
Questions Remain Around BLM’s Renewable Energy Rents Rule The U.S. Bureau of Land Management’s (BLM) July 2024 Renewable Energy Rule reduces annual costs of operating wind and solar energy projects on federal lands, but its complexity makes it difficult for developers and financiers to forecast BLM charges and decide whether to opt in by July 1, 2026. The Renewable Energy Rule overhauls how the agency charges annual rents and capacity fees for renewable energy rights-of-way. Please refer to our article on the original rule for an overview of its major components. The rule generally lowers [...]