Factsheet: Alternate Energy Development Fund

Alternate Energy Development Fund

Key Information
Full name of Instrument & Measure (English): 
Alternate Energy Development Fund
Description: 
The goal for the use of the alternate energy development fund is to encourage and promote the development, implementation and construction of alternate energy projects. Each loan and/or grant proposal must involve the research, development, implementation, operation and/or construction of an alternate energy project. Also, projects of renewable resources from Biomass: waste materials utilization, plant production for energy, plant conversion for energy.
Goal/Aim: 
Support production of renewable electricity. Support investments in biomass electricty systems. Support R&D for biobased products

Sector/Topic targeted:

Responsible Authority: 
Kentucky Energy Cabinet

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2013