Ethanol Production Incentive (Mississippi)

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Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place Mississippi

Name Ethanol Production Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Industrial
Eligible Technologies Biomass, CHP/Cogeneration, Ethanol
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount varies















Maximum Incentive 6,000,000 per fiscal year









Terms see summary


Date added to DSIRE 2002-07-08
Last DSIRE Review 2002-07-09



References DSIRE[1]


Summary

The Department of Agriculture and Commerce offers cash payments to encourage ethanol production plants in Mississippi to use corn and other agriculture and forest resource commodities produced in the state. These payments apply only to ethanol, anhydrous alcohol and wet alcohol fermented and produced at plants in Mississippi.

     Businesses will receive $0.20 for each gallon of ethanol or anhydrous alcohol produced on or before 6/30/05, or for 10 years after the start of production--whichever is later. For each gallon of wet alcohol produced on or before 6/30/05, or for 10 years after the start of production--whichever is later--businesses will receive a payment in cents per gallon calculated by the formula "alcohol purity in percent divided by five," and rounded to the nearest cent per gallon, but not less than $0.11 per gallon.
     The producer payments for anhydrous alcohol and wet alcohol under this section may be paid to the original producer. No payments shall be made for production that occurs after 6/30/15.
     Additional payments will be made  to producers of ethanol or wet alcohol in the amount of 1.5 cents/kWh of electricity generated using biomass in a cogeneration facility at an ethanol plant located in the state. These payments will be made only for electricity generated at cogeneration facilities that begin operation by 6/30/05.  The payments apply to electricity generated on or before the date 10 years after the producer first qualifies for payment under this subsection. 
     Payments to a single producer may not exceed $6,000,000 per fiscal year, and total payments to all producers may not exceed $37,000,000 per fiscal year.


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"