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The Ocean’s Treasures and the Tech That Unlocks It.

Energy Central

Since these centers produce copious amounts of heat that is detrimental to the electronics, between 2018 and 2019 Microsoft successfully tested the reliability, practically and sustainably of under water data centers by placing a. of total electricity demand by 2030.

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New IRS Guidance on Obtaining Refunds for Net Operating Loss Carrybacks, Corporate AMT Carryforward Credits and Filing Amended Returns for Partnerships

The Energy Law

The CARES Act recognized that the 5-year carryback of NOLs incurred during tax years 2018, 2019 and 2020 could be disadvantageous to some taxpayers, and so provided three sets of elections for such taxpayers in its amendments to section 172 of the Code. Revenue Procedure 2020-24 provides guidance with respect to each of these sets.

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2020 Louisiana Investment Adviser Update

The Energy Law

Starting on May 1, 2020, and no later than June 30, 2020, investment advisers (and broker-dealers) will be required to file a Form CRS electronically through the IARD (the CRD for broker-dealers). These priorities generally follow the SEC’s 2019 examination priorities. Available at [link].

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Maritime Industry COVID 19 Update

The Energy Law

On February 18, 2020, the Centers for Disease Control and Prevention (CDC) issued a revised Interim Guidance for Ships on Managing Suspected Coronavirus Disease 2019. Declarations of Security and Inspection are now able to be submitted electronically after a remote visual conversation.

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Guidance and Relief for Retirement Plans Due to the COVID-19 Pandemic

The Energy Law

Good faith delivery includes use of electronic means where the plan fiduciary reasonably believes participants have effective access, including email, text messages, and continuous access websites. Unless the IRS provides subsequent additional relief, the actions described below must be performed by July 15, 2020.

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Challenges of Integrating Renewables Into Today’s Power Grids

Enverus

Variability and unpredictability of renewables Forecasts suggest that 62% of global electricity will be generated by renewables by 2050, up from 27% in 2019. Extended power outages can disrupt businesses, as well as damage electronic devices and cause the loss of important data. Here are five challenges and potential solutions.

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Louisiana and Texas COVID-19 Stay-at-Home Orders and Effects on State Courts

The Energy Law

Day-to-day life has been dramatically impacted by the coronavirus disease 2019 (COVID-19), and many courts in Louisiana and Texas have been forced to close or limit operations in conjunction with stay-at-home orders. This article was updated on April 14, 2020. In addition, no residential eviction cases may proceed until after April 19, 2020.