The impact of recent legislative and regulatory incentives on cogeneration
This paper proposes that the regulations promulgated to promote cogeneration since the National Energy Act (NEA) of 1978 have provided valuable, but inadequate, incentives for the combined production of electric power and useful thermal energy. Topics considered include the regulatory incentives for cogeneration, the Public Utility Regulatory Policies Act (PURPA), PURPA qualifying standards, avoided cost, the Fuel Use Act (FUA), environmental regulations affecting cogeneration, utility benefits, and utility ownership. The key part of the NEA affecting cogeneration is PURPA, whose broad objective is to encourage conservation and efficient use of energy resources by utilities. The FUA mandates a prohibition against the use of oil or natural gas as the primary energy source in any new electric power plant, or any new major fuel-burning installation that consists of a boiler. The examined regulations offer incentives which provide regulatory relief, allow the use of clean fuels, provide tax credits and accelerated depreciation incentives, guarantee a market for the electric power generated at an attractive price, and have attempted to make cogeneration attractive to industrial owners at both the State and Federal level.
- Research Organization:
- General Electric Company, Schenectady, NY
- OSTI ID:
- 6638673
- Report Number(s):
- CONF-830446-
- Journal Information:
- Proc. Am. Power Conf.; (United States), Journal Name: Proc. Am. Power Conf.; (United States) Vol. 45; ISSN PAPWA
- Country of Publication:
- United States
- Language:
- English
Similar Records
Regulations/tax incentives: impact on cogeneration projects
Utility involvement in cogeneration and small power production since PURPA
Related Subjects
290800 -- Energy Planning & Policy-- Heat Utilization-- (1980-)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320304 -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes-- Waste Heat Recovery & Utilization
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
BOILERS
COGENERATION
COST
DEPRECIATION
DEUS
ENERGY CONSERVATION
ENERGY SOURCES
ENERGY SYSTEMS
FINANCIAL INCENTIVES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
LAWS
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
PETROLEUM
POLLUTION REGULATIONS
POWER GENERATION
PRICES
PUBLIC UTILITY REGULATORY POLICIES ACT
REGULATIONS
STANDARDS
STEAM GENERATION
TAX CREDITS