A bill to authorize the appropriation of funds for a demonstration peat-fueled electrical generating plant located in North Carolina.

Authorizes the appropriation of specified funds to the Department of Energy under the Federal Nonnuclear Energy Research and Development Act of 1974 for fiscal years 1980 through 1986 for defraying approximately one-half of the cost of plant and capital equipment for a demonstration project consisting of a peat-fueled electrical generating plant in North Carolina, to be operated by the North Carolina Electric Membership Corporation, which shall pay the other half of such costs.