New EPA Source Performance Standards of CO2 Emissions for Existing Units: Peeling the Onion
Under the “Clean Power Plan,” EPA’s much anticipated proposed regulation of CO2 emissions from existing power plants under Section 111(d) of the Clean Air Act, EPA is proposing state-level CO2 emission rate standards. The agency projects that the state limits will reduce total power sector emissions by 30% from 2005 levels by 2030. Overall, the proposal offers many of the flexibility measures that states and stakeholders had been requesting from EPA. However, it takes account of the potential of those “beyond-the-fence” measures, including energy efficiency, in the standards themselves – resulting in more ambitious limits. States, and the utilities and IPPs within them, now face the challenge of determining how their compliance options stack up against EPA’s expectations and whether they should go it alone or partner with others to lower compliance costs.
This webinar will explore the multitude of issues presented by the proposed Clean Power Plan. These include:• How was the rule designed and how defensible are the beyond-the-fence “building blocks” in determining the standards?
• How are the requirements calculated? What was the interaction between the four “building blocks” and the modeling to achieve the
• What kind of issues do generators and states need to evaluate in determining programs design?
a. Is it more cost effective/more advantageous to advocate for a tradable rate-based standard vs. a mass-based cap vs a portfolio
approach to meet the requirements?
b. Should a state go it alone, or join together with others – and do those states need to be geographically linked?
c. How should generation owners think realistically about their compliance deadlines?
d. What combination of different measures – unit retirements, new gas plants, renewable portfolio standards, end-use energy efficiency
policies – makes sense for state compliance plans? What will EPA approve? What will hit the target?
Please join us for an enlightening discussion by some of the most distinguished legal and analytical experts in the field.
Steven Fine, Vice President, ICF International
Chris MacCracken, Principal, ICF International
Kyle Danish, Partner, Van Ness Feldman
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CANCELLATION, REFUNDS & CREDITS
Should you be unable to attend, a refund, less a $50 administrative charge, will be made for cancellations received via letter or fax at least 3 working days before the event. We regret cancellations will not be accepted after that date. However, we will be pleased to transfer your registration to another member of your company or credit the registration fee to another Infocast conference if you register within 6 months from the date of this conference. In the event the conference is canceled, Infocast’s liability is limited to the refund of the conference registration fee only.