Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
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Xcel Energy Renewable Development Fund (RDF) was created in 1999 as an outcome<br />
of 1994 Minnesota legislation concerning spent nuclear fuel at Xcel Energy’s Prairie<br />
Island Nuclear Plant. The Xcel RDF provides grants periodically through a Request for<br />
Proposals process. Renewable energy technologies eligible for funding typically include<br />
wind, biomass, solar, hydroelectric generators and fuel cells. Funding is generally split<br />
between new development projects that result in the production of renewable energy,<br />
and research and development.<br />
The first round of grants from the Xcel Energy RDF program, completed in 2001,<br />
supported 19 projects with nearly $16 million in funding. In 2005 the Minnesota Public<br />
Utilities Commission approved the second round of projects funded from the Xcel<br />
Energy RDF program - 29 projects totaling nearly $37 million.<br />
A third round of funding is anticipated in 2006 or 2007.<br />
Contact:<br />
Xcel Energy<br />
Renewable Development Fund<br />
Phone: (800) 354-3060<br />
Fax: (612) 330-7601<br />
E-mail: mark.g.ritter@xcelenergy.com or michelle.m.swanson@xcelenergy.com<br />
Agricultural Improvement Loan Program<br />
www.mda.state.mn.us/AgFinance/improvement.html<br />
This low-interest loan program, administered by the Minnesota Department of<br />
Agriculture through the Minnesota Rural Finance Authority (RFA), provides loans to<br />
farmers for improvements or additions to permanent agricultural facilities. This is a<br />
"participation loan," where loans are made by individual financial institutions working with<br />
the RFA, of which there are more than 400 in the state. RFA participation is limited to<br />
45% of the principal amount of the loan, or $200,000, whichever is less. Technology<br />
using biomass or biogas qualifies for loan, includes fuel cells.<br />
Contact:<br />
Gary Blahosky, Senior Loan Officer<br />
Minnesota Department of Agriculture<br />
Agricultural Finance Division<br />
625 Robert Street North<br />
St. Paul, MN 55155-2538<br />
Phone: (651) 201-6666 or (651) 201-6004<br />
E-mail: gary.blahosky@state.mn.us<br />
Web: www.mda.state.mn.us/AgFinance/default.htm<br />
Anaerobic Digestion Production Incentive<br />
www.revisor.leg.state.mn.us/bin/getpub.php?pubtype=STAT_CHAP_SEC&year=current<br />
§ion=216C.41&image.x=39&image.y=5<br />
www.mda.state.mn.us/feedlots/digester.htm<br />
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