View all text of Part A [§ 16421 - § 16423]
§ 16423. Advanced Power System Technology Incentive Program
(a) Program
The Secretary is authorized to establish an Advanced Power System Technology Incentive Program to support the deployment of certain advanced power system technologies and to improve and protect certain critical governmental, industrial, and commercial processes. Funds provided under this section shall be used by the Secretary to make incentive payments to eligible owners or operators of advanced power system technologies to increase power generation through enhanced operational, economic, and environmental performance. Payments under this section may only be made upon receipt by the Secretary of an incentive payment application establishing an applicant as either—
(1) a qualifying advanced power system technology facility; or
(2) a qualifying security and assured power facility.
(b) Incentives
(c) Eligibility
For purposes of this section:
(1) Qualifying advanced power system technology facility
(2) Qualifying security and assured power facility
(d) Authorization
(Pub. L. 109–58, title XII, § 1224, Aug. 8, 2005, 119 Stat. 954.)