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Pages 84-89

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From page 84...
... 84 The financing options available to the sponsors of renewable energy projects at airports include those that are traditionally available to airports as well as those that are available to government entities. Based on an analysis of the potential funding sources for renewable energy projects, the options discussed below were found to have the greatest potential for use by airports.
From page 85...
... Funding a Renewable Energy Project 85 the highest priorities to support airport operations, safety, and security. It is unlikely that an airport would use entitlements to fund a renewable energy project.
From page 86...
... 86 Developing a Business Case for Renewable Energy at Airports and other airport air quality improvements. VALE funds were available to airport solar projects until recently; however, the FAA has determined that use of VALE for solar is no longer within the intent of the program but could be funded under Section 512.
From page 87...
... Funding a Renewable Energy Project 87 energy and credit the consumer of the green power. RECs are most often sold on a per megawatthour (MWh)
From page 88...
... 88 Developing a Business Case for Renewable Energy at Airports 8.2.3 Debt and Equity Debt is the amount of money borrowed from one party by another party usually to allow the borrower the ability to purchase a commodity. Many companies or individuals use debt to purchase products or services such as renewable energy.
From page 89...
... Funding a Renewable Energy Project 89 can be sold and the value of that electricity (e.g., wholesale, retail rate) vary among states.

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