|
Server : Apache/2.4.62 System : FreeBSD fbsdweb2.web.rcn.net 14.1-RELEASE FreeBSD 14.1-RELEASE releng/14.1-n267679-10e31f0946d8 GENERIC amd64 User : www ( 80) PHP Version : 8.3.8 Disable Function : NONE Directory : /domains/enrgy/statelin/ |
Upload File : |
<html>
<head>
<title>September 2001: Recent State Actions To Promote Energy Resource
Development</title>
</head>
<body style="font-family: Arial" vlink="#808080">
<div align="center"><center>
<table border="0" cellpadding="8" cellspacing="0" width="98%" bgcolor="#000000">
<tr>
<td width="100%" valign="middle"><a name="top"></a>
<img src="../images/pmamagsm.gif" alt="PMA Online Magazine" border="0" align="right" width="229" height="100"></td>
</tr>
</table>
</center></div><div align="center"><center>
<table border="0" cellpadding="8" width="98%">
<tr>
<td width="15%" valign="top" align="center">
<!--webbot bot="Include" U-Include="sl_sidebar.htm" TAG="BODY" startspan -->
<table border="2" cellpadding="8" width="15%" id="table1" bordercolor="#FFFF00" bgcolor="#C0C0C0">
<tr>
<td width="100%" valign="top" align="center"><map name="FPMap0_I1">
<area href="http://www.powermarketers.com/adrates.html" shape="rect" coords="14, 297, 97, 322">
<area href="http://www.powermarketers.com/pmajobs.htm" shape="rect" coords="11, 230, 95, 257">
<area href="http://www.powermarketers.com/main.htm" target="_parent" shape="rect" coords="12, 163, 96, 189">
<area href="http://www.powermarketers.com/power2.htm" target="_blank" shape="rect" coords="12, 95, 96, 121">
<area href="../pmamag.htm" shape="rect" coords="11, 29, 96, 54"></map><img rectangle="(12,163) (96,189) http://www.powermarketers.com/main.htm##_parent" rectangle="(12,95) (96,121) http://www.powermarketers.com/power2.htm##_blank" rectangle="(11,29) (96,54) ../pmamag.htm" src="../images/magmenu.gif" alt="PMA OnLine Magazine Menu" border="0" align="center" usemap="#FPMap0_I1" width="110" height="350"><p><a href="../searchpma.htm"><img src="../images/archives.gif" alt="Archives Search" border="0" align="center" WIDTH="70" HEIGHT="40"></a></p>
<p align="left"><strong><small><font face="Arial">About The Author:</font></small></strong></p>
<p align="left"><font face="Arial" style="font-size: 9pt">Robert A. Olson is a partner in the law firm of
Brown, Olson & Gould, P.C. which maintains a nationwide practice in energy law,
public utility law and related commercial transactions.</font></p>
<p><small><font face="Arial"><font style="font-size: 9pt">He can be reached at:</font><br>
<br>
<b><font color="#0000FF">Brown, Olson & Gould, PC</font></b><br>
2 Delta Drive<br>
Suite 301<br>
Concord, NH 03301<br>
<a href="mailto:[email protected]">[email protected]</a><br>
(603) 225-9716<br>
<a href="mailto:[email protected]"></a></font></small></p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p><a href="#top"><img src="../images/b-t-top.gif" alt="Back To Top" border="0" width="71" height="35"></a></td>
</tr>
</table>
<!--webbot bot="Include" i-checksum="45188" endspan --></td>
<td width="68%" valign="top">
<img src="../images/statelin.gif" alt="STATELINE by Robert Olson" border="0" width="375" height="75">
</center><p align="left"><b><u><br>
September 2001</u>
<br>
<font size="6">Recent State Actions To Promote
Energy Resource Development<br>
</font>
</b><strong>by Robert Olson -- Brown, Olson and Wilson, P.C.<br>
</strong><font face="Arial" size="2">(<em>originally published by PMA OnLine Magazine:
200</em>1/10/06)</font></p>
<center>
</p>
<font SIZE="3">
<p ALIGN="JUSTIFY">Two states recently took action to promote the
development of energy resources. New York enacted a law to reduce siting
approval times, and Louisiana created tax exemptions for merchant power
plants. </p>
</font><font FACE="Palatino" SIZE="3">
<p ALIGN="JUSTIFY"></p>
</font><font SIZE="3">
<p ALIGN="JUSTIFY">New York’s Governor Pataki signed a bill into law on
August 31, 2001 that provides for decreased siting times for plants that
reduce emissions. The bill amends part of New York’s public service law
which relates to siting and became effective immediately. The amended bill
calls for a 6 month reduction in the maximum siting period from one year to
6 months, measured from the date that the chairman determines that the
application satisfies the reduced emissions criteria to a final decision of
the board. </p>
</font><font FACE="Palatino" SIZE="3">
<p ALIGN="JUSTIFY"></p>
</font><font SIZE="3">
<p ALIGN="JUSTIFY">The provision will apply in either of the following two
circumstances. First, it will apply if an owner of an existing major
electric generation facility applies for a modification which demonstrates
that operation of the modified facility will result in a decrease of at
least 75% of its emission rate. Second, it will apply if an owner of an
existing facility applies to site a new major electric generating facility
either adjacent or contiguous to its existing generating facility which
demonstrates that the combined emissions reduction of at least 75% of their
current emissions. The 75% reduction must be of the following emissions: 1)
nitrous oxide; 2) sulfur dioxide; and 3) particulate matter. The percent
reduction will be calculated using a comparison between the annualized
potential of the facility to emit at the time of the application and the
annualized potential after the modifications or additions have been
completed. </p>
</font><font FACE="Palatino" SIZE="3">
<p ALIGN="JUSTIFY"></p>
</font><font SIZE="3">
<p ALIGN="JUSTIFY">Louisiana’s Board of Commerce and Industry approved a
modification of a rule on August 22, 2001 and a resolution which combined,
grants merchant power plants the same property tax exemption formerly only
granted to manufacturing plants. To encourage the siting of new merchant
plants, the proposed modification also permits a merchant plant developer to
apply for the property tax exemption before actually beginning construction
of the plant. The property tax exemption lasts up to 10 years and is
calculated as .015% of new investments and annual capitalized additions. The
exemption applies to all improvements in land, buildings, machinery and
equipment. </p>
</font><font FACE="Palatino" SIZE="3">
<p ALIGN="JUSTIFY"></p>
</font><font SIZE="3">
<p ALIGN="JUSTIFY">The Board of Commerce and Industry also resolved to ask
legislators to further encourage the development of new merchant plants by
either eliminating or phasing-out the state sales tax on the fuel used in
electric generation. </p>
</font><font FACE="Palatino" SIZE="3">
<p ALIGN="JUSTIFY"></p>
</font><font SIZE="3">
<p ALIGN="JUSTIFY">The rule modification was a result of Louisiana’s
legislative efforts to promote the development of power generation sources.
Both the Louisiana House and Senate passed resolutions "to urge and request"
the Department of Economic Development to develop strategies and incentives
to encourage merchant power development. This summer the legislature also
approved a study request, which calls on the House Committee on Commerce and
the Senate Committee on Commerce and Consumer Protection to act as a joint
committee to study the construction of new generating, cogeneration and
merchant power plants, the expansion and improvement of the transmission
grid, and incentives to encourage new construction of power plants. </p>
<!--webbot bot="Include" U-Include="sl_bottom.htm" TAG="BODY" startspan -->
<hr color="#FFFF00">
<blockquote>
<p align="left"><font face="Arial">
<small>Robert A. Olson is a partner in the law firm of Brown, Olson &
Gould P.C.
which maintains a nationwide practice in energy law, public utility law and related
commercial transactions. He can be reached at:</small></font><p align="center">
<font face="Arial"><small><font color="#0000FF"><b>Brown, Olson & Gould, PC</b></font><br>
2 Delta Drive, Suite 301<br>
Concord, NH 03301 <br>
<br>
<a href="mailto:[email protected]">[email protected]</a> | (603) 225-9716<a href="mailto:[email protected]"></a></small></font>
<!--webbot bot="Include" i-checksum="27861" endspan --></font></tr>
</table>
</div>
<p align="center"><a href="#top">
<img src="../images/b-t-top.gif" alt="Back To Top" border="0" width="71" height="35"></a></p>
</body>
</html>