42 U.S. Code § 16513 - Eligible projects
(a) In general
The Secretary may make guarantees under this section only for projects that—
Projects from the following categories shall be eligible for a guarantee under this section:
(2) Advanced fossil energy technology (including coal gasification meeting the criteria in subsection (d)).
(5) Carbon capture and sequestration practices and technologies, including agricultural and forestry practices that store and sequester carbon.
(8) Production facilities for the manufacture of fuel efficient vehicles or parts of those vehicles, including electric drive vehicles and advanced diesel vehicles.
(c) Gasification projects
The Secretary may make guarantees for the following gasification projects:
(1) Integrated gasification combined cycle projects
Integrated gasification combined cycle plants meeting the emission levels under subsection (d), including—
(A) projects for the generation of electricity—
(i) for which, during the term of the guarantee—
(I) coal, biomass, petroleum coke, or a combination of coal, biomass, and petroleum coke will account for at least 65 percent of annual heat input; and
(ii) that have a design that is determined by the Secretary to be capable of accommodating the equipment likely to be necessary to capture the carbon dioxide that would otherwise be emitted in flue gas from the plant;
(iii) that have an assured revenue stream that covers project capital and operating costs (including servicing all debt obligations covered by the guarantee) that is approved by the Secretary and the relevant State public utility commission; and
(B) a project to produce energy from coal (of not more than 13,000 Btu/lb and mined in the western United States) using appropriate advanced integrated gasification combined cycle technology that minimizes and offers the potential to sequester carbon dioxide emissions and that—
(C) a project located in a taconite-producing region of the United States that is entitled under the law of the State in which the plant is located to enter into a long-term contract approved by a State public utility commission to sell at least 450 megawatts of output to a utility;
(D) facilities that—
(i) generate one or more hydrogen-rich and carbon monoxide-rich product streams from the gasification of coal or coal waste; and
(2) Industrial gasification projects
Facilities that gasify coal, biomass, or petroleum coke in any combination to produce synthesis gas for use as a fuel or feedstock and for which electricity accounts for less than 65 percent of the useful energy output of the facility.
(3) Petroleum coke gasification projects
The Secretary is encouraged to make loan guarantees under this subchapter available for petroleum coke gasification projects.
(d) Emission levels
In addition to any other applicable Federal or State emission limitation requirements, a project shall attain at least—
(2) a 90-percent removal rate (including any fuel pretreatment) of mercury from the coal-derived gas, and any other fuel, combusted by the project;
(3) total nitrogen oxide emissions in the flue gas from the project that do not exceed 0.08 lb/MMBtu; and
Source(Pub. L. 109–58, title XVII, § 1703,Aug. 8, 2005, 119 Stat. 1120; Pub. L. 109–168, § 1(b)(1),Jan. 10, 2006, 119 Stat. 3580; Pub. L. 110–140, title I, § 134(b),Dec. 19, 2007, 121 Stat. 1513.)
2007—Subsec. (b)(8). Pub. L. 110–140added par. (8) and struck out former par. (8) which read as follows: “Production facilities for fuel efficient vehicles, including hybrid and advanced diesel vehicles.”
2006—Subsec. (c)(4). Pub. L. 109–168substituted “Department of Energy’s Clean Coal Power Initiative for Fischer-Tropsch” for “clean coal power initiative under part A of subchapter IV for”.
Effective Date of 2007 Amendment