Innovative financing in state energy policy

Conference · Sat Mar 01 04:00:00 EST 1986 · Energy Technol. (Wash., D.C.); (United States)

OSTI ID:5537474

Wolcott, D R

Difficulty in acquiring project financing is generally recognized as the key institutional barrier impeding widespread utilization of energy conservation and renewable energy technologies. A number of states have implemented energy policy initiatives over the last few years that address this fundamental issue by attempting to facilitate the flow of financial resources into cogeneration, small power production, and other energy efficient applications. In the first generation of state financing initiatives of the early 1980s, funds were generally obtained from public sources and were disbursed in relatively conventional manners such as through grants and loans. In the second generation of financing programs currently in vogue, private sources of funds are being tapped through performance-based transactions such as shared savings contracts and energy service agreements. A third generation of financing initiatives can now be envisioned in which state institutions are created to marshall managerial and financial resources for public purposes through public/private cooperative ventures. 16 references.

• Research Organization: New York State Energy Research and Development Authority, Albany, NY
• OSTI ID: 5537474
• Report Number(s): CONF-860303-
• Conference Information: Journal Name: Energy Technol. (Wash., D.C.); (United States) Journal Volume: 13
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
COGENERATION
CONTRACTS
DEUS
ENERGY CONSERVATION
ENERGY SOURCES
ENERGY SYSTEMS
FINANCING
LEGAL ASPECTS
POWER GENERATION
RENEWABLE ENERGY SOURCES
STATE GOVERNMENT
STEAM GENERATION