2014 US Code
Title 42 - The Public Health and Welfare (Sections 1 - 18445)
Chapter 149 - National Energy Policy and Programs (Sections 15801 - 16538)
Subchapter XII - Electricity (Sections 16421 - 16481)
Part A - Transmission Infrastructure Modernization (Sections 16421 - 16423)
Sec. 16423 - Advanced Power System Technology Incentive Program
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 149 - NATIONAL ENERGY POLICY AND PROGRAMS SUBCHAPTER XII - ELECTRICITY Part A - Transmission Infrastructure Modernization Sec. 16423 - Advanced Power System Technology Incentive Program |
| Contains | section 16423 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 109-58, title XII, §1224, Aug. 8, 2005, 119 Stat. 954. |
| Statutes at Large Reference | 119 Stat. 954 |
| Public and Private Law | Public Law 109-58 |
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The Secretary is authorized to establish an Advanced Power System Technology Incentive Program to support the deployment of certain advanced power system technologies and to improve and protect certain critical governmental, industrial, and commercial processes. Funds provided under this section shall be used by the Secretary to make incentive payments to eligible owners or operators of advanced power system technologies to increase power generation through enhanced operational, economic, and environmental performance. Payments under this section may only be made upon receipt by the Secretary of an incentive payment application establishing an applicant as either—
(1) a qualifying advanced power system technology facility; or
(2) a qualifying security and assured power facility.
(b) IncentivesSubject to availability of funds, a payment of 1.8 cents per kilowatt-hour shall be paid to the owner or operator of a qualifying advanced power system technology facility under this section for electricity generated at such facility. An additional 0.7 cents per kilowatt-hour shall be paid to the owner or operator of a qualifying security and assured power facility for electricity generated at such facility. Any facility qualifying under this section shall be eligible for an incentive payment for up to, but not more than, the first 10,000,000 kilowatt-hours produced in any fiscal year.
(c) EligibilityFor purposes of this section:
(1) Qualifying advanced power system technology facilityThe term "qualifying advanced power system technology facility" means a facility using an advanced fuel cell, turbine, or hybrid power system or power storage system to generate or store electric energy.
(2) Qualifying security and assured power facilityThe term "qualifying security and assured power facility" means a qualifying advanced power system technology facility determined by the Secretary, in consultation with the Secretary of Homeland Security, to be in critical need of secure, reliable, rapidly available, high-quality power for critical governmental, industrial, or commercial applications.
(d) AuthorizationThere are authorized to be appropriated to the Secretary for the purposes of this section, $10,000,000 for each of the fiscal years 2006 through 2012.
(Pub. L. 109–58, title XII, §1224, Aug. 8, 2005, 119 Stat. 954.)
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