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U.S. Department of Energy
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Regulations/tax incentives: impact on cogeneration projects

Journal Article · · Energy Econ., Policy Manage.; (United States)
OSTI ID:6867622
A number of legal and financial incentives relate to cogeneration. The Public Utility Regulatory Policies Act (PURPA) rules dealing with power sales by cogenerators to utilities have been controversial in the areas of avoided costs and exemptions and in their objective of benefiting cogenerators instead of sharing savings. The Natural Gas Policy Act is more lenient in this respect. Both the Energy Tax Act and the Windfall Profits Tax support cogeneration development with tax credits. Three new bills introduce additional incentives of ownership and tax credits. Utility enthusiasm for cogeneration will ultimately depend on its cost effectiveness to central power generation. (DCK)
OSTI ID:
6867622
Journal Information:
Energy Econ., Policy Manage.; (United States), Journal Name: Energy Econ., Policy Manage.; (United States) Vol. 2:1; ISSN EEPMD
Country of Publication:
United States
Language:
English