Government relations and CHP project funding
We’ll help you interface with your government agencies, whether national or regional or local, to facilitate project approvals and remove roadblocks to completion.
We’ll also help you take leadership in economic and agronomic stewardship. Inbicon can take an active role in biofuels policy advisement and the resultant impact on agricultural policy. We can provide specific support with expanding feedstock infrastructures, as well as developing livestock feed requirements and approvals.
In some countries, like the United States, federal and state governments are helping develop sites where CHP projects would make sense to you and to Inbicon. This would include industry sectors such as chemical, refining, pulp and paper, food processing, and glass manufacturing.
Companies like Proctor & Gamble have already developed CHP projects to produce greener branded products for consumer markets by using renewable and alternative energy to power production.
Many projects are primarily government funded. The U.S. Federal EPA CHP program matches such projects with partners. We’ll work with you to seek funding in the form of direct financial grants, tax incentives, low-interest loans, or utility and environmental policies that increase the financial prospects for a project. Some incentives are aimed directly at installing CHP systems to reduce load on the grid or to reward efficient generation, while others provide funding specifically for biomass CHP systems. The CHP Partnership maintains a Funding Database to track incentives and provides detailed information on how to access revenue streams that financially reward, or monetize, the environmental benefits of CHP.
Many U.S. states have put in effect policies defining eligibility for performance-based grants. For example, implementing a CHP or combining cooling with a heat and power project with an electric generating capacity of more than one megawatt and serving a commercial, institutional, or industrial electricity customer with electric demand of at least 750 kilowatts (kW).