Financing a cogeneration project

Conference · Tue Jun 01 04:00:00 EDT 1982 · Energy Technol. (Wash., D.C.); (United States)

OSTI ID:5516149

Seplow, K F

The potentials of cogeneration are reviewed in this paper. Lack of progress in the 1970's is attributed to fear of regulation, uncertainty as to the receptivity of the market, and capital requirements of cogeneration. PURPA, the Public Utilities Regulatory Policies Act of 1978, cleared regulatory and market fears. Cogeneration would not be subject to regulations, and a concept of ''avoided cost'' would provide a market to other utilities. Operating and efficiency standards were also created. Tax credits were broadened between 1978 and 1981. When it is asked now, Where will the capital for cogeneration come from. there are many answers. Debt financing, ownership with third party operation, transfer of tax benefits through tax lease, transfer of benefits through TBT (tax benefit transfer releases), and third party ownership and operation, are just a few possible answers.

• Research Organization: Kidder, Peabody and Co. Inc.
• OSTI ID: 5516149
• Report Number(s): CONF-820217-
• Conference Information: Journal Name: Energy Technol. (Wash., D.C.); (United States) Journal Volume: 9
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296001* -- Energy Planning & Policy-- Electric Power Generation-- (-1989)
CAPITAL
CAPITALIZED COST
COGENERATION
COST
DEUS
EFFICIENCY
ENERGY SYSTEMS
FINANCING
LAWS
MARKET
NATIONAL ENERGY ACT
OWNERSHIP
POWER GENERATION
PUBLIC UTILITY REGULATORY POLICIES ACT
REGULATIONS
STANDARDS
STEAM GENERATION
TAX CREDITS