Toward new institutional relationships in the development of small scale hydroelectric power
This paper will briefly discuss three principle subjects. These subjects are recent changes in hydroelectric licensing, provisions of the Public Utility Regulatory Policies Act of 1978 (PURPA) and the regulations promulgated pursuant to the Act by the Federal Energy Regulatory Commission (FERC) and Sections 221 and 222 (e), and Section 242 of the Crude Oil Windfall Profit Tax Act of 1980. The FERC has recently reformed its licensing and permit regulations and Congress has enacted Section 408 of the Energy Security Act to exempt certain projects from the FERC licensing. PURPA and the FERC regulations promulgated pursuant thereto guarantee markets for the output of small scale hydroelectric (SSH) plants and the provisions of the Windfall Profit Tax Act measurably assist in the raising of capital for the construction of SSH facilities. All three incentives are significant given the electric utility markets confronted by SSH developers and the capital intensive nature of SSH projects.
- Research Organization:
- Energy Law Institute Franklin Pierce Law Center Concord, New Hampshire
- OSTI ID:
- 6818366
- Report Number(s):
- CONF-801210-
- Journal Information:
- Alternative Energy Sources; (United States), Vol. 4; Conference: 3. Miami international conference on alternative energy sources, Miami Beach, FL, USA, 15 Dec 1980
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
SMALL-SCALE HYDROELECTRIC POWER PLANTS
FINANCIAL INCENTIVES
LICENSING
REGULATIONS
ELECTRIC UTILITIES
SIZE
WINDFALL PROFITS TAX
HYDROELECTRIC POWER PLANTS
POWER PLANTS
PUBLIC UTILITIES
TAXES
130400* - Hydro Energy- Legislation & Regulations
130500 - Hydro Energy- Economic
Industrial
& Business Aspects