Analysis of how changed federal regulations and economic incentives affect financing of geothermal projects
The effects of various financial incentives on potential developers of geothermal electric energy are studied and the impact of timing of plant construction costs on geothermal electricity costs is assessed. The effect of the geothermal loan guarantee program on decisions by investor-owned utilities to build geothermal electric power plants was examined. The usefulness of additional investment tax credits was studied as a method for encouraging utilities to invest in geothermal energy. The independent firms which specialize in geothermal resource development are described. The role of municipal and cooperative utilities in geothermal resource development was assessed in detail. Busbar capital costs were calculated for geothermal energy under a variety of ownerships with several assumptions about financial incentives. (MHR)
Year of publication: |
2007-05-14
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Authors: | Meyers, D. ; Wiseman, E. ; Bennett, V. |
Subject: | geothermal energy | energy planning, policy and economy | GEOTHERMAL ENERGY | FINANCIAL INCENTIVES | GEOTHERMAL POWER PLANTS | LOAN GUARANTEES | CAPITAL | CAPITALIZED COST | ELECTRIC UTILITIES | INSTITUTIONAL FACTORS | INVESTMENT | MANAGEMENT | OWNERSHIP | REGULATIONS | TAX CREDITS | COST | ENERGY | ENERGY SOURCES | FINANCIAL ASSISTANCE | FINANCING | POWER PLANTS | PUBLIC UTILITIES | RENEWABLE ENERGY SOURCES | THERMAL POWER PLANTS |
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