Energy

Bioenergy Program for Advanced Biofuels

The Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuel producers to expand their production levels. Other than corn starch ethanol, nearly every other type of biofuel is eligible for the program, including ethanol, biodiesel, biogas, butanol or biofuels derived from cellulose (like perennial grasses or agricultural residues), sugar or starches, waste […]

Oil Royalty Relief – Deep Water

Oil and gas companies that drill on public lands or in federal waters pay royalties for the oil and gas they extract. The amount of royalties they pay depends on the amount extracted, the market price for oil and gas, and the royalty rate. Typically, the government sets limits on the amount of oil and […]

Special Tax Rate for Nuclear Decommissioning Reserve Funds

Owners of nuclear power plants can claim a tax deduction for any payments made to a Nuclear Decommissioning Reserve Fund in a tax year. The fund is used to satisfy any liabilities associated with decommissioning a nuclear power plant and the costs of administering the fund, but can also be used for investing. The payments […]

Nuclear Energy Enabling Technologies

The Nuclear Energy Enabling Technologies (NEET) program is designed to support early stage research and development of advanced nuclear technologies. In particular, it is intended to support these areas of nuclear technology research and development (R&D): (1) “crosscutting” R&D of advanced fuels and advanced reactors; (2) advanced modeling R&D through Nuclear Energy Advanced Modeling and […]

Reactor Concepts Research and Development

The Department of Energy (DOE) Reactor Concepts Research, Development, and Demonstration (RD&D) program uses taxpayer funding to develop and demonstrate new commercial reactor designs. The program includes research and development of small modular reactors, light water reactor improvement and advanced reactor designs. Renamed in fiscal year 2011, the Reactor Concepts RD&D program was formerly the […]

Production Tax Credit for Open- and Closed-Loop Biomass

Renewable electricity production tax credits (PTC) provide a per-kilowatt-hour (kWh) tax credit for electricity generated from certain renewable sources for the first 10 years of a project under Section 45 of the tax code. Open-loop biomass refers to facilities that produce electricity by burning organic waste that is a byproduct of agriculture, construction or timber-related […]

Production Tax Credit for Municipal Solid Waste

Renewable electricity production tax credits (PTC) provide a per-kilowatt-hour (kWh) tax credit for electricity generated from certain renewable sources for the first 10 years of a project under Section 45 of the tax code. In the case of facilities that use municipal solid waste as a feedstock to produce electricity, the PTC is 1.3 cents […]

Biological and Environmental Research – Biological Systems Science

The Department of Energy’s (DOE) Biological and Environmental Research (BER) program conducts peer-reviewed scientific research, involving studying health and environmental issues. In 2007, the DOE established three Bioenergy Research Centers (BRCs) in order to focus advanced biotechnology-based resources on biofuel production. According to the DOE, the BRCs are presently conducting research on processes needed for […]