The Federal Energy Regulatory Commission has certified incremental hydropower generation at the 188.25-MW Kerr and 1.8-MW Phoenix hydroelectric projects as eligible for renewable energy production tax credits.
FERC granted a request in December by PPL Montana LLC, licensee for the Kerr project (No. 5), for certification of efficiency improvements from additional capacity that began service March 27, 2007. The project is on the Flathead River in Montana.
Based upon its review of information from the licensee, FERC certified incremental generation of 35,519,000 kWh, a 3.31 percent increase in generation due to project improvements. The total amount of generation with improvements is 1,107,239,000 kWh.
FERC also granted a request by Pacific Gas &Electric Co., licensee for Phoenix (No. 1061), for certification of efficiency improvements from a turbine upgrade completed Oct. 28, 2005. The project is on the South Fork of the Stanislaus River in California.
Based on information provided by the licensee, FERC certified incremental generation of 380,516 kWh, a 3.51 percent increase in generation from improvements. The total amount of generation with improvements is 11,221,437 kWh.
The commission has certified incremental generation at more than a dozen other hydroelectric projects for renewable energy production tax credits. (HNN 10/22/07)
The Energy Policy Act of 2005 amended Section 45 of the Internal Revenue Service Code to apply the tax credit to incremental production gains from efficiency improvements and capacity additions to existing hydro facilities placed in service after Aug. 8, 2005, and before Jan. 1, 2009.
Legislation that would have extended that period beyond the end of December 2008 failed to clear the first session of the current Congress but could be taken up again in the new session that begins in January. (HNN 12/19/07)