42 U.S. Code § 15971 - Integrated coal/renewable energy system

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(a) In general
Subject to the availability of appropriations, the Secretary may provide loan guarantees for a project to produce energy from coal of less than 7,000 Btu/lb. using appropriate advanced integrated gasification combined cycle technology, including repowering of existing facilities, that—
(1) is combined with wind and other renewable sources;
(2) minimizes and offers the potential to sequester carbon dioxide emissions; and
(3) provides a ready source of hydrogen for near-site fuel cell demonstrations.
(b) Requirements
The facility—
(1) may be built in stages;
(2) shall have a combined output of at least 200 megawatts at successively more competitive rates; and
(3) shall be located in the Upper Great Plains.
(c) Technical criteria
Technical criteria described in section 15962 (b) of this title shall apply to the facility.
(d) Investment tax credits
(1) In general
The loan guarantees provided under this section do not preclude the facility from receiving an allocation for investment tax credits under section 48A of title 26.
(2) Other funding
Use of the investment tax credit described in paragraph (1) does not prohibit the use of other clean coal program funding.

Source

(Pub. L. 109–58, title IV, § 411,Aug. 8, 2005, 119 Stat. 754.)

 

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