New Jersey 10-year energy plan urges cogeneration reliance
The New Jersey DOE has drafted a 10-year master plan aimed at expanding state-wide conservation measures and encouraging the development of more than 2000 MW of cogenerated electricity through a combination of tax incentive and financial assistance programs. Although the plan deals with all sectors of energy use, the focus is on reducing industrial fuel and power costs. The incentives include a five-year exemption of new cogeneration facilities from property taxes, new buy-back rates equal to full avoided costs, and utility tariffs that allow the wheeling of cogenerated power. Part of the relicensing of casino-hotels could be a requirement for investigating the feasibility of installing a cogeneration system.
- OSTI ID:
- 5850900
- Journal Information:
- Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 10:12; ISSN EUSND
- Country of Publication:
- United States
- Language:
- English
Similar Records
New Jersey passes cogeneration tax exemptions, Jersey Central Power and Light develops state's first long-term buyback offer
Regulations/tax incentives: impact on cogeneration projects
Related Subjects
290800 -- Energy Planning & Policy-- Heat Utilization-- (1980-)
291000 -- Energy Planning & Policy-- Conservation
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320304* -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes-- Waste Heat Recovery & Utilization
COGENERATION
DEUS
ENERGY CONSERVATION
ENERGY POLICY
ENERGY SYSTEMS
FEDERAL REGION II
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
GOVERNMENT POLICIES
NEW JERSEY
NORTH AMERICA
POWER GENERATION
SELLBACK
STEAM GENERATION
TAX CREDITS
TAXES
USA