Advanced Power Cycle Development Corporation Act

[AI summary unavailable — showing source text] Advanced Power Cycle Development Corporation Act - Establishes the Advanced Power Cycle Development Corporation. States that the function of the Corporation shall be to select, on the basis of the best engineering information available, the two or more most technically, environmentally, and economically feasible methods for producing electricity at high efficiencies using advanced power cycles with minimum adverse environmental impact using coal. Provides that, after selection of such methods, the Corporation is authorized to design, construct, operate, and maintain a demonstration-type facility for each method selected in order to determine the technical and economical feasibility thereof. Stipulates that if, on the basis of the operation of each such demonstration facility, the Corporation determines the method so demonstrated is a technically, environmentally, and economically feasible method for producing electricity from coal on a commercial scale and at appreciably greater efficiencies than conventional means, the Corporation is authorized to design, construct, operate, and maintain, for each such method demonstrated, a full-scale commercial-size facility to produce electrici…