Bureau of Land Management finalizes rules for renewable energy projects on public lands

Dave Kovaleski | Source: Daily Energy Insider | Posted 04/17/2024

The U.S. Bureau of Land Management (BLM) recently published its final rules regarding leasing and rental rates for renewable energy projects on public lands. The new rules will reduce rents and fees for renewable energy projects through 2035 and eliminate duplicative payments for renewable energy developers. They will also extend lease terms for renewable projects to 50 years. In addition, the rules will remove competitive leasing requirements in priority development areas and make it easier to develop standalone energy storage projects on public lands.

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The U.S. Bureau of Land Management (BLM) has finalized new rules that aim to reduce rents and fees for renewable energy projects on public lands until 2035. These regulations will also extend lease terms for renewable projects to 50 years, eliminate duplicative payments for developers, and make it easier to develop standalone energy storage projects on public lands. The final rules align closely with recommendations put forth by the Solar Energy Industries Association (SEIA), with SEIA's president Abigail Ross Hopper commending the BLM for implementing these changes.

In response to the new rules, Hopper stated that the BLM's actions will streamline the process for building clean energy projects on public lands, noting that these regulations will help in reversing historical favoritism towards fossil fuels. The collaboration between BLM and the solar and storage industry is seen as a positive step towards enhancing the grid's reliability and delivering clean energy to a wider consumer base. Moving forward, stakeholders will continue advocating for practical solutions to meet ambitious clean energy targets.

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Source Link: https://dailyenergyinsider.com/news/43382-bureau-of-land-management-finalizes-rules-for-renewable-energy-projects-on-public-lands/

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Bureau of Land Management finalizes rules for renewable energy projects on public lands

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