Full Title: Assessing the Final Clean Power Plan Energy Market Impacts
Author(s): John Larsen, Sarah O. Ladislaw, Michelle Melton, and Whitney Herndon
Publisher(s): Center for Strategic and International Studies, Rhodium Group
Publication Date: May 1, 2016
Full Text: Download Resource
Description (excerpt):
The U.S. electricity sector is undergoing a period of rapid change. The U.S. Environmental Protection Agency’s Clean Power Plan (CPP), regulating carbon dioxide (CO2) from existing power plants, is a significant—but by no means the only—catalyst for the transitions underway in the sector. In the third and final note in our series on the CPP, we explore the energy market outcomes of the rule under two scenarios and discuss what factors could change the magnitude of these impacts. As we have previously noted and explain in more detail below, projecting actual energy market outcomes is made challenging by the flexibility states have in implementing the rule, by the uncertainty facing the CPP as a result of the legal process now underway, and by the non-regulatory factors also influencing energy markets.