An Investigation of Privately Financed Renewable Energy Projects for Army Installations
Abstract
This report presents the results of an investigation to determine the feasibility of using private or third party financing to implement renewable energy systems at Army installations. Many renewable energy technologies were investigated, the present cost of energy from commercially available technologies was determined, and potential barriers to the use of third party financing for renewable energy projects were determined. Two large-scale renewable energy technologies were identified that are likely to be attractive to private investors under third party financing arrangements because of their technical and economic success; concentrating photovoltaic systems and solar thermal electric systems. It is recommended that action be taken to implement these technologies on Army installations. Other technologies such as geothermal, ocean thermal energy conversion and tidal or wave energy conversion may be competitive with the cost of energy at selected installations. Existing energy costs and the cost of energy from renewable systems should be compared. The results of this study indicate that while there are no real (legislative) barriers to impede implementation of energy projects using third party financing, there are perceived barriers that hamper the implementation of such projects. These impediments can be eliminated by providing an education program and incentive.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1990
- Accession Number
- ADA227584
Entities
People
- Gerald L. Cler
- Henry M. Healey
Organizations
- Construction Engineering Research Laboratory