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Renewable Energy Production Incentive _REPI_

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					 Renewable Energy Production Incentive (REPI)
MISSION: To promote increases in the generation and utilization of
   electricity from renewable energy resources by public power electric
   utilities (generally municipal utilities), electric cooperatives, and
   States and their sub-entities and to further the advance of renewable
   energy technologies.


VISION: Serve as a financial incentive that facilitates the increased
   use of renewable energy generation facilities owned by public and
   cooperative entities.


GOAL: Provide financial incentives for public entities that build
   renewable energy generation comparable to tax credits available to
   the private sector.
Renewable Energy Production Incentive (REPI)
Program Contacts:
   – DOE Headquarters - Program Objectives &
     Guidance
        Larry Mansueti, Program Manager (202) 586-1640
        email: lawrence.mansueti@ee.doe.gov
   – DOE Golden Field Office - Implementation &
     Support
       Keith Bennett, Project Engineer (303) 275-4905
       1617 Cole Blvd, Golden, CO 80203
       email: keith_bennett@nrel.gov
   – Webpage: http://www.eren.doe.gov/power/repi.html
Renewable Energy Production Incentive (REPI)
Program History
   • EPACT 1992 - provide annual incentive to government
     owned producers, 1.5 cents per kWh, indexed for inflation
   • Renewable Power Source
       - - Wind                 -- Solar (electricity only)
       - - Geothermal           -- Biomass
   • Subject to annual appropriation
   • Eligible for 10 years from start of operation
   • Rules per 10 CFR 451
Renewable Energy Production Incentive (REPI)
Principal Constituencies
   • Organizations representing qualifying utilities
      – American Public Power Association
      – National Rural Electric Cooperative Association
   • Organizations representing renewable energy community
      – Solar Energy Industries Association
      – American Wind Energy Association
      – National Biomass Industries Association
   • Organizations representing environmental, climate
     change, and sustainable energy interests
Renewable Energy Production Incentive (REPI)
10 CFR 451 Criteria
   • Application Content Requirements
   • Ownership - Political subdivision of State or electric
     cooperative
   • Recent Start-up - after October 1, 1993 and before
     September 30, 2003
   • Produce net electricity, metered, and sold to customers
   • Tier 1 - Wind, Solar, Geothermal (excl. dry steam), or
     Closed-Loop Biomass
   • Tier 2 - Open-Loop Biomass
                                      TIER 1 AND TIER 2 PAYMENT HISTORY

                  $4,000,000




                  $3,000,000
$ PAID PER YEAR




                                                                                   Tier 2
                  $2,000,000
                                                                                   Tier 1



                  $1,000,000




                         $0
                               1994      1995   1996   1997   1998   1999   2000
                                                 PRODUCTION YEAR
             YR 2000 TIER 1 PRODUCTION
                   78,574,049 kWh


                               3,104,929
                                 766,432




                                           Wind - 95%
                                           Solar - 4%
                                           Biomass - 1%




74,702,688
Renewable Energy Production Incentive (REPI)
            Year 2000 Wind Projects
Renewable Energy Production Incentive (REPI)
 Key Issues:
    - - Ownership of Facility
    - - Produce and Sell Electricity
    - - Start-up Dates
    - - Pre-Application ASAP
    - - Timely Application (by Dec 31 of each FY)
    - - Production Data - Federal Fiscal Year
    - - Payment Cycle (Dec - April - May)
    - - Automated Clearing House Forms
Renewable Energy Production Incentive (REPI)
Plans and Expectations:
   • Minuses
      – Legislation Expiration, Sept 30, 2003
      – Yearly variance in appropriations for incentives
   • Pluses
      – Two years to enter program
      – Expect to provide full Tier 1 incentive
   • Plans
      – Replacement Legislation (e.g. S249)
      – Web-Based Application Process (in CY2003)

				
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