Independent power production facility

{
  "id": "MLC-T-ENV-014055",
  "term": "Independent power production facility",
  "field": "Environment",
  "term_source": "Independent Power Production Facility",
  "definition": "A source that:(1) Is nonrecourse project financed, as defined by the Secretary of Energy at 10 CFR part 715;(2) Is used for the generation of electricity, eighty percent or more of which is sold at wholesale; and(3) Is a new unit required to hold allowances under Title IV of the Clean Air Act; but only if direct public utility ownership of the equipment comprising the facility does not exceed 50 percent.",
  "abbreviation": "IPP Facility",
  "subject": "Built environments",
  "references": [
    "40 CFR 72.2 (CFR 2013)"
  ],
  "url": "https://mlchart.com/terminology/environment/independent-power-production-facility/"
}