42 U.S.C. § 15974 — Coal gasification

submitted 21 years ago by Pub. L. 109-58 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 53 words · no verdicts yet

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The Energy Secretary may guarantee a loan for a coal gasification power plant of at least 400 megawatts, if it competes in deregulated markets without any subsidy from ratepayers.

The Secretary may guarantee a loan for a project that produces energy from a plant using integrated gasification combined cycle technology, as long as the plant (1) has a capacity of at least 400 megawatts, (2) sells power at competitive rates in deregulated markets, and (3) does not get any direct or indirect subsidy from ratepayers.

the actual law source: uscode.house.gov ↗public domain

The Secretary is authorized to provide loan guarantees for a project to produce energy from a plant using integrated gasification combined cycle technology of at least 400 megawatts in capacity that produces power at competitive rates in deregulated energy generation markets and that does not receive any subsidy (direct or indirect) from ratepayers.

Source credit: (Pub. L. 109–58, title IV, § 414, Aug. 8, 2005, 119 Stat. 755.)

history & why it existsrecord from the source credit

2005Enacted · Pub. L. 109-58 · 119 Stat. 755

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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