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COPYRIGHT 2008 Hart Energy Publishing, LP.
Taylorville Energy Center (TEC) managing project developer Tenaska will apply for the $133 million in federal tax incentives originally awarded to Tampa Electric Co., (TECO) for an integrated gasification combined cycle (IGCC) plant, but will do so without the ability to enter into long term sales contracts that it had hoped for.
So explained Bart Ford, Tenaska's business development vice president, in an interview with Gasification News .
The U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) originally selected TECO to receive $133 million in investment tax credits for its bituminous IGCC project in 2006. But TECO subsequently abandoned the project, leaving the money available for another IGCC facility.
Nebraska-based Tenaska wanted to apply for that money by the May 2 application deadline with a...
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