Note: You can
download a Microsoft Word document of our draft "Model
Fuel
Contract". Be patient, it is a very large file!
[If the file does not download automatically, a box
will appear on your browser asking you to select the application
type that you want to open the file in. Most word processing
applications are located in your computer's Program File
such as Microsoft Word or Wordperfect, etc. Click "browse"
and scroll down to your spreadsheet software application and
click.]
Key Points: The "Model Fuel Contract" is a
work-in-progress draft contract between an energy crop fuel
supplier and an electric utility. While technical (legal and
engineering) in scope -- the general audience may find the
document's pricing section of particular interest.
Through the proposed pricing mechanism, we are attempting to
identify "value" and a sharing of this value between parties.
SO2 & NOx: Under the Clean Air Act, a market was created
for Companies to buy and sell NOx and SO2 credits. By co-firing
energy crop fuel, emission credits may be created which have a
market value. [want to
learn more about this?]
CO2 Emissions: Many companies are cutting CO2
emissions to head off tougher regulations. In voluntary
programs, some companies are allocating a value of $5 per ton
for CO2 reductions. [want
to
learn more about this?]
Renewable Energy Portfolio Standards: In addressing the
issue of electricity deregulation, the U.S. Congress and many
States are considering (or have enacted) minimum levels of
Renewable Energy that electric utilities must either generate or
purchase in the open market . [want to
learn more about this?]
Tax Credits: In March 2003, the Finance Committee of the U.S. Senate proposed
extending and explanding tax credits for the production of
electricity from using biomass fuels -- including
biomass co-firing in coal power plants. [want to
learn more about this?]
