Cogenerators tell needs to meet NJ objectives
Higher avoided cost rates based on long-term capacity needs, long-term availability of gas at competitive prices, standard long-term contracts, mandatory and less costly wheeling, less costly and speedier interconnection and streamlined procedures for securing air quality and environmental permits is the package of incentives deemed necessary to achieve the State of New Jersey's pro-cogeneration energy objectives in the opinion of industry representatives. The president of Cogeneration Development Corp. proposed a three-part program. (1) State law should increase the rate of return if a utility lowers the Btu's of fuel it consumes per kilowatt hour produced. Solar, wind, hydro and refuse-derived electricity would count toward kilowatts produced but not add to Btu's consumed. The formula would give the utility full credit for purchases of cogenerated electricity at the cogenerator's net fuel rate. (2) State law should permit its electric utilities to invest up to a prescribed percentage of their net worth in cogeneration facilities as minority partners with profits and losses kept outside of rate-making formulations. (3) State hearings should be held after enactment of the two laws to explore levels of cogeneration needed in order to mothball or decommission the state's least efficient generating plants. These steps would go far to remove the artificial obstacles hampering cogeneration in New Jersey and to enlist the active support of utilities.
- OSTI ID:
- 6152116
- Journal Information:
- Cogeneration; (United States), Journal Name: Cogeneration; (United States) Vol. 2:6; ISSN COGEE
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
290800 -- Energy Planning & Policy-- Heat Utilization-- (1980-)
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
COGENERATION
DEUS
DUAL-PURPOSE POWER PLANTS
ELECTRIC UTILITIES
ENERGY POLICY
ENERGY SYSTEMS
FEDERAL REGION II
FINANCIAL INCENTIVES
GOVERNMENT POLICIES
NEW JERSEY
NORTH AMERICA
POWER GENERATION
POWER PLANTS
PUBLIC UTILITIES
STEAM GENERATION
USA