Full Title: The Final Clean Power Plan Rule: Drivers of Changing Asset Values
Author(s): David Gerhardt, Lin Deng, Parag Nathaney, and Chris MacCracken
Publisher(s): ICF International
Publication Date: December 1, 2015
Full Text: Download Resource
Description (excerpt):
The Environmental Protection Agency’s (EPA’s) final Clean Power Plan (CPP) rule will drive shifts in market prices and unit dispatch that will significantly impact generation asset values, especially in coal-intensive regions such as western PJM Interconnection LLC, Midcontinent Independent System Operator, Inc., and others.
In this quick take, ICF illustrates the CPP rule’s potential effects, and provides a sample analysis using the assumption that each state adopts a state-based mass-standard which covers new sources to address EPA’s leakage requirement.