Full Title: Design Principles for a Rate-Based Federal Plan Under EPA's Clean Power Plan
Author(s): Advanced Energy Economy (AEE)
Publisher(s): Advanced Energy Economy (AEE)
Publication Date: May 1, 2015
Full Text: Download Resource
Description (excerpt):
This summer, the Environmental Protection Agency will release a draft Federal Plan to implement the Clean Power Plan in states that do not submit a satisfactory state plan. Some groups have argued that inclusion of advanced energy—even renewable energy and energy efficiency, which are both part of EPA’s calculation of state goals—is beyond EPA’s authority in a Federal Plan.
AEE’s whitepaper Design Principles for a Rate-Based Federal Plan Under EPA’s Clean Power Plan describes how the Federal Plan can use EPA’s jurisdiction over emitting power plants in combination with a voluntary rate-based credit trading system to incorporate both zero- and low-emission generation resources and demand-side resources. While EPA has many options for including advanced energy in either a mass-based or rate-based Federal Plan, this white paper outlines a fair and simple way to ensure that states have access to a full range of cost-effective compliance options under a rate-based Federal Plan.