IPP

Independent Power Production Facility (IPP) means a source that:
(1) Is nonrecourse project financed, as defined by the Secretary of Energy at 10 CFR part 715;
(2) Is used for the generation of electricity, eighty percent or more of which is sold at wholesale; and
(3) Is a new unit required to hold allowances under Title IV of the Clean Air Act; but only if direct public utility ownership of the equipment comprising the facility does not exceed 50 percent.

Source

40 CFR § 72.2


Scoping language

The terms used in this part, in parts 73, 74, 75, 76, 77 and 78 of this chapter shall have the meanings set forth in the Act, including sections 302 and 402 of the Act, and in this section as follows:

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