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42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 16423

Advanced Power System Technology Incentive Program

Ch. 149 — NATIONAL ENERGY POLICY AND PROGRAMS
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 149
Statutory Text

42 U.S.C. § 16423 — Advanced Power System Technology Incentive Program

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition 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 From the U.S. Government Publishing Office, www.gpo.gov

§16423. Advanced Power System Technology Incentive Program

(a) Program 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) Incentives Subject 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) Eligibility For purposes of this section: (1) Qualifying advanced power system technology facility The 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 facility The 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) Authorization There 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.)

Source: uscode.house.gov — public domain Official Source ↗
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boisestandard.org
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42 U.S.C. § 16423
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The statutory text of 42 U.S.C. § 16423 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 42 U.S.C. § 16422 42 U.S.C. § 16431 →
Ch. 149 — NATIONAL ENERGY POLICY AND PROGRAMS
42 U.S.C. § 1580142 U.S.C. § 1581142 U.S.C. § 1581242 U.S.C. § 1581342 U.S.C. § 1582142 U.S.C. § 1582242 U.S.C. § 1582342 U.S.C. § 1582442 U.S.C. § 1583142 U.S.C. § 1583242 U.S.C. § 1583342 U.S.C. § 1583442 U.S.C. § 1584142 U.S.C. § 1584242 U.S.C. § 1585142 U.S.C. § 1585242 U.S.C. § 1585342 U.S.C. § 1585442 U.S.C. § 1585542 U.S.C. § 1587142 U.S.C. § 1587242 U.S.C. § 1587342 U.S.C. § 1587442 U.S.C. § 1588142 U.S.C. § 1588242 U.S.C. § 1588342 U.S.C. § 1589142 U.S.C. § 1590142 U.S.C. § 1590242 U.S.C. § 15903
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