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Organics RecyclingFunding Opportunities
Amy BaradMarch 27, 2012
Types of projects Stages of project development Funding sources and opportunities Where to find more information
Agenda
Commercial Composting
Anaerobic Digestion at Wastewater Treatment Plantsor Industrial Facilities
Farm-Based Anaerobic Digestion
Multi-Technology Processing Facility
Harvest Power, London, ON
Stages of Project Development
Public Engagement
Site Assessment Feasibility Detailed Design Public Review/Permitting Bidding/Procurement Construction Operations
Developer
Community
Municipality
Regulatory Entities
Economic Development
Agencies
Investors Lenders
Markets
Many Players
Project Stage
Sited on Public Property Private Enterprises
Agricultural Enterprises
Planning: Site Assessment
$$ ??
Planning: Feasibility $$ $$ $$
Design ?? $$
Project Review $ $ $
Construction $$ $$$ ?
Operations ? $ $
An Array of Funding Opportunities
MA Department of Environmental Protection (DEP) MA Department of Agricultural Resources (DAR) MA Department of Energy Resources (DOER) MA Clean Energy Center (MassCEC) MassDevelopment
Plus US Department of Agriculture (USDA)
Many Potential Funding Agencies
Grants Loans Loan Guarantees Tax Credit Bonds Tax-Exempt Financing Production Incentives
Varied Approaches to Financial Support
Sustainable Materials Recovery Program technical and financial assistance for public and private entities
involved in the collection, processing, composting and recovery of organic materials
Recycling Loan Fund flexible lending programs for working capital, refinancing and real
estate acquisition, purchasing of machinery and equipment and acquisition financing with reduced interest rates for projects involved in the collection and processing of organic material
Revolving Loan Fund for Clean Water Low interest loans to assist municipalities for planning and
construction of projects, which may include AD systems at WWTPs
MA DEP Programs
Green Communities Grants (86 communities currently eligible) Wide range of energy and greenhouse-gas reduction activities eligible
Qualified Energy Conservation Bonds Federally funded; state makes allocations
Renewable Portfolio Standard Alternative Energy Portfolio Standard
Dept. of Energy Resources Programs
Commonwealth Organics-to-Energy grants Recipients must be Renewable Energy Trust ratepayers (served by
an investor-owned utility or a municipal electric company that joined RET)
Construction grants Feasibility studies (coming soon) Technical support for municipalities
Assistance with review of projects proposed by private developers Assistance with development of muni-sponsored project
Massachusetts Clean Energy Center
MA Department of Agricultural Resources Agricultural Energy Grant Program Agricultural Environmental Enhancement Program assistance accessing USDA programs
USDA Farm Service Agency Loan and Loan Guarantee Program Natural Resources Conservation Service’s Environmental Quality
Incentives Program Rural Development Building & Industry Loan Guaranty Program Rural Development Energy Program Rural Development Value-Added Producer Grant
Agricultural Resources
Brownfields Redevelopment Fund Tax-Exempt Financing
for qualifying “Solid Waste Disposal Facilities,” District Energy Systems, and small manufacturing facilities
lowers debt costs 1-2%
MassDevelopment
DEP Sustainable Materials Recovery Program technical and financial assistance to public and private entities
involved in the collection, processing, composting and recovery of organic materials
MassCEC Organics-to-Energy Program Grants for public entities in municipalities participating in the
Renewable Energy Trust DOER Green Communities Program
Grants for siting a renewable energy facility on GC muni-owned land MassDevelopment Brownfields Redevelopment Fund
Grants (for public entities) and loans (for private entities) for conducting Phase I Site Assessments
Site Assessment Assistance
Available after facility is complete and generating energy Facility must be qualified by the MA Dept. of Energy Resources For every megawatt-hour of energy produced, also produce
“certificate” Types
Renewable Energy Certificates (RECs) – for renewable energy Alternative Energy Certificates (AECs) – for combined heat & power
Energy Production Incentives
Project Stage
Sited on Public Property
Private Enterprises
Agricultural Enterprises
Planning: Site Assessment
$$ ??
Planning: Feasibility
$$ $$ $$
Design ?? $$
Project Review $ $ $
Construction $$ $$$ ?
Operations ? $ $
Details on DEP’s CERP Websitewww.mass.gov/dep/cleanenergy.htm
Comments? Questions?
Sign up for MassCEC emails:www.masscec.com/organics
617-315-9310