Cogeneration financing: an interview with Michael Pope
Excerpts from an interview with Michael Pope of Pope, Evans, and Robbins (PER) emphasizes the advantages of using coal to produce utility and industrial steam, but difficulties in raising capital have kept energy managers from pushing fuel conversion as a top priority. PER is responding with financing arrangements that take advantage of investment tax credits and accelerated depreciation to enable clients to convert without a capital outlay. Third-party financing is especially beneficial to industrial companies that can't make full use of incentives. PER uses the same criteria as bank and other lending institutions in evaluating potential clients. New legislation to modify the Public Utility Regulatory Policies Act will be beneficial to cogeneration. (DCK)
- OSTI ID:
- 6884200
- Journal Information:
- Energy Manage. (Cleveland, Ohio); (United States), Journal Name: Energy Manage. (Cleveland, Ohio); (United States) Vol. 8:4; ISSN ENEMD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
290800* -- Energy Planning & Policy-- Heat Utilization-- (1980-)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CAPITAL
COGENERATION
DEUS
ENERGY SYSTEMS
FINANCIAL INCENTIVES
FINANCING
FUEL SUBSTITUTION
INVESTMENT
POWER GENERATION
STEAM GENERATION