The changes in budget 2014 expand the types of equipment that are eligible for this tax incentive to include water current energy equipment, essentially equipment that can be used to generate electricity through a turbine being placed in moving water, such as a river, without the use of a dam. The other addition to the list of equipment is for gasification equipment. This is equipment that takes waste material and converts it into producer gas or synthetic gas, which can then be used to generate electricity.
This measure expands the ability to make use of this provision to situations where the equipment generates synthetic gas for sale to other users of that gas.