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U.S. Department of Energy
Office of Scientific and Technical Information

Impact of tax incentives on the commercialization of solar thermal electric technologies

Technical Report ·
OSTI ID:5353057
This study was conducted to explore the impacts of the current and proposed tax incentives affecting the commercialization prospects for the solar thermal central receiver technology concept. The study was carried out using a newly developed methodology for integrated technical, market, economic and financial analysis of advanced power generation technologies. In particular, detailed financial cash flow analyses of intermediary financing of solar thermal central receiver technology under a variety of technical, economic and financial conditions were conducted. This analysis established the investor-perceived economic value as compared with the projected installed costs of solar thermal central receiver technology. A primary conclusion of this study is, that in spite of the rapid pace of technical development of the solar thermal option, the scheduled termination of these incentives will seriously impair full commercialization of this technology. Therefore, the Congressionally proposed enhancement and extension of the present federal tax incentives through 1995, combined with the various state tax credits during the early commercialization period, are essential for successful transfer of the solar thermal central receiver technology to the private sector.
Research Organization:
Polydyne, Inc., Menlo Park, CA (USA)
DOE Contract Number:
AC04-76DP00789
OSTI ID:
5353057
Report Number(s):
SAND-83-8178; ON: DE84006795
Country of Publication:
United States
Language:
English