Repowering assistance
In general
The Secretary shall carry out a program to encourage biorefineries in existence on the date of enactment of the Food, Conservation, and Energy Act of 2008 to replace fossil fuels used to produce heat or power to operate the biorefineries by making payments for—
the installation of new systems that use renewable biomass; or
the new production of energy from renewable biomass.
Payments
In general
Amount
The Secretary shall determine the amount of payments to be made under this section to a biorefinery after considering—
the quantity of fossil fuels a renewable biomass system is replacing;
the percentage reduction in fossil fuel used by the biorefinery that will result from the installation of the renewable biomass system; and
the cost and cost effectiveness of the renewable biomass system.