42 U.S.C. § 15971 — Integrated coal/renewable energy system
submitted 21 years ago by Pub. L. 109-58 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 186 words · no verdicts yet
This section authorizes loan guarantees for an integrated coal and renewable-energy project in the Upper Great Plains. It sets output, coal, carbon, hydrogen, staging, technical, and tax-credit rules.
(a) Generally Subject to the availability of appropriations, the Secretary* may provide loan guarantees for a project* to produce energy from coal of less than 7,000 Btu/lb. using appropriate advanced integrated gasification combined cycle technology, including repowering of existing facilities, that— (1) is combined with wind and other renewable sources; (2) minimizes and offers the potential to sequester carbon dioxide emissions; and (3) provides a ready source of hydrogen for near-site fuel cell demonstrations. (b) Requirements The facility— (1) may be built in stages; (2) must have a combined output of at least 200 megawatts at successively more competitive rates; and (3) must be located in the Upper Great Plains. (c) Technical criteria Technical criteria described in section 15962(b) of this title shall apply to the facility. (d) Investment tax credits (1) Generally The loan guarantees provided under this section do not preclude the facility from receiving an allocation for investment tax credits under section 48A of title 26 . (2) Other funding Use of the investment tax credit described in paragraph (1) does not prohibit the use of other clean coal program funding.
Subject to the availability of appropriations, the Secretary* may provide loan guarantees for a project* to produce energy from coal of less than 7,000 Btu/lb. using appropriate advanced integrated gasification combined cycle technology, including repowering of existing facilities, that—
is combined with wind and other renewable sources;
minimizes and offers the potential to sequester carbon dioxide emissions; and
provides a ready source of hydrogen for near-site fuel cell demonstrations.
The facility—
may be built in stages;
shall have a combined output of at least 200 megawatts at successively more competitive rates; and
shall be located in the Upper Great Plains.
Technical criteria described in section 15962(b) of this title shall apply to the facility.
The loan guarantees provided under this section do not preclude the facility from receiving an allocation for investment tax credits under section 48A of title 26.
Use of the investment tax credit described in paragraph (1) does not prohibit the use of other clean coal program funding.
Source credit: (Pub. L. 109–58, title IV, § 411, Aug. 8, 2005, 119 Stat. 754.)
- 2005Enacted · Pub. L. 109-58 · 119 Stat. 754
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-58 on 2005-08-08.
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