PUBLIC LAW 109–58—AUG. 8, 2005
119 STAT. 1121
account for at least 65 percent of annual heat input; and (II) electricity will account for at least 65 percent of net useful annual energy output; (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 (iv) on which construction commences not later than the date that is 3 years after the date of the issuance of the guarantee; (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— (i) may include repowering of existing facilities; (ii) may be built in stages; (iii) shall have a combined output of at least 100 megawatts; (iv) shall be located in a western State at an altitude greater than 4,000 feet; and (v) shall demonstrate the ability to use coal with an energy content of not more than 9,000 Btu/lb; (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 (ii) use those streams to facilitate the production of ultra clean premium fuels through the FischerTropsch process; and (E) a project to produce energy and clean fuels, using appropriate coal liquefaction technology, from Western bituminous or subbituminous coal, that— (i) is owned by a State government; and (ii) may include tribal and private coal resources. (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 title available for petroleum coke gasification projects.
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