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U.S. Department of Energy
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Utility pacts could lure cogeneration financing

Journal Article · · Energy User News; (United States)
OSTI ID:6884241
Negotiations by New York and Pennsylvania utilities for long-term purchase agreements and pre-set rates with cogenerators will simplify financing for new power producers by allowing banks and investors to estimate their earnings. The avoided-cost basis for utility purchase is imprecise and makes it difficult to estimate these earnings. A review of contract negotiations, including some in California, raises the question of whether a utility's avoided costs should be determined by a continuous updating or on the basis of its long-term resource plans. State public utility commissions will rule on this and other questions. (DCK)
OSTI ID:
6884241
Journal Information:
Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:40; ISSN EUSND
Country of Publication:
United States
Language:
English