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 […]
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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 […]
Continue Reading »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 […]
Continue Reading »Biorefinery Assistance Program
This program, formerly the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, provides loan guarantees of up to $250 million for the construction of commercial-scale biorefineries, the retrofitting of existing facilities to produce biofuels, or construction of renewable chemical and biobased manufacturing. To be eligible, fuels or products must be derived from renewable biomass […]
Continue Reading »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 […]
Continue Reading »Biomass Crop Assistance Program
The Biomass Crop Assistance Program (BCAP) was intended to spur development of advanced biofuels derived from non-food and feed crops. The goal was to pay individuals and companies to plant perennial grasses, harvest agricultural residues, collect wood waste, store biomass and transport these materials to bioenergy facilities. Instead of achieving these goals, the program provided […]
Continue Reading »Biomass Research and Development
The Biomass Research and Development Initiative (BRDI) is a joint program between the U.S. Departments of Energy and Agriculture that provides grants to companies, universities and government research centers to research, develop and demonstrate new ways to refine various feedstocks into biofuels or biobased chemicals and products. The program, originally created in the Biomass Research […]
Continue Reading »Stand-by Support for Nuclear Plant Delays
This program allows the Department of Energy (DOE) to cover up to $2 billion in costs caused by delays imposed by the Nuclear Regulatory Commission’s process or litigation. The Secretary of Energy is authorized to provide contracted standby support for up to six nuclear power plants, providing full coverage (up to $500 million) to the […]
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