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Demand For Green Electricity

Florida cities such as Jacksonville, Gainesville, New Smyrna Beach.

State of Texas adopted a 5% portfolio requirement.

State of North Carolina has adopted standards.

Public Service Commission in Florida is exploring ways to increase the supply of renewable based electricity.

 

You must Use the Best Technology Available


Gasification instead of incineration.

Use the syngas from this process as the fuel.

Use a combined cycle process for efficiency:
1. The gas turbine burns the syngas to generate electricity.
2. Capture the exhaust heat, heat water and use the steam to turn a steam turbine.

 

You must be able to produce electricity at a competitive price

Purchase the farm where the energy crop will be grown.

Plant the ideal energy crop.

Build the power plant utilizing the ideal technology on the farm to reduce transportation costs.

Structure the project finance so as to best utilize the tax credits that the project will earn.

 



 

University of West Florida UWF Haas Center for Business Research & Economic Development