Section 3.107.745. Review of abstracts.  


Latest version.
  • 	(a)  The authority, in consultation with the emerging energy technology fund advisory committee, will evaluate and rank abstracts not rejected under 3 AAC 107.740 based on how well the proposed project addresses the statutory priorities under AS 42.45.375, and the following criteria:  
    		(1) feasibility of the proposed technology;  
    		(2) innovation and quality of the technical explanations submitted;  
    		(3) how well the proposed project will demonstrate emerging energy  technologies, test methods of conserving energy, improve an existing energy technology, or deploy an existing technology that has not previously been demonstrated in the state;   
    		(4) how well the proposed project addresses the priority considerations established for projects under the request for grant applications;  
    		(5) whether the proposed schedule is realistic;  
    		(6) whether the energy technology can be beneficial when deployed in the state;  
    		(7) how suitable the proposed project site is;  
    		(8) the extent to which existing research and development demonstrates the energy technology and the systems and components included are likely to successfully work in the proposed location and environment in the state;  
    		(9) the extent to which the proposed project will advance the commercialization of the energy technology not later than the next five years;  
    		(10) capabilities of the project team;  
    		(11) potential commercial market for the proposed technology or energy from the proposed technology; and  
    		(12) an evaluation of the finance plan and budget for the proposed project.  
    	(b)  The authority may reject a proposal based upon the review under this section and AS 42.45.375. The authority will provide written notice to the applicant of the rejection. The notice may be given by electronic mail.  
    

Authorities

42.45.375;44.83.080

Notes


Authority
AS 42.45.375 AS 44.83.080
History
Eff. 1/26/2012, Register 201