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

Financing options for projects converting forestry and farm wastes to energy

Technical Report ·
OSTI ID:6023554
A significant barrier to increased use of wastes and residues as fuel by small- and medium-sized industries is financing of projects. This document covers governmental and private sector financing options available to prospective users of wood residues and agricultural wastes for industrial applications-direct combustion, steam generation, or cogeneration. This guide contains four major sections. Section I provides brief descriptions of the type of project financing options available to industry through private sector sources. This section is not intended to provide the level of detailed information required to make a final determination of the best source of private sector financing for a particular company or organization. It does, however, present a concise review of the options available on which more detailed study can be based. Section II introduces the availability of assistance for specific types of projects from federal, state, and several municipalities. Section III presents two case studies of costs, annual savings, return on investment, and payback periods for these projects, as well as the affects of depreciation, taxes, tax credits and sale of excess power. All facts and figures were supplied by the individual companies or by their engineering consulting firms. A checklist for decisions concerning bioenergy projects, as well as addresses and contacts in regional government agency offices involved in providing financial assistance, are included in the final section.
Research Organization:
Solar Energy Research Inst., Golden, CO (USA)
DOE Contract Number:
AC02-77CH00178
OSTI ID:
6023554
Report Number(s):
SERI/TR-733-689; ON: DE83014244
Country of Publication:
United States
Language:
English