Full Title: Energy and Consumer Impacts of EPA’s Clean Power Plan
Author(s): NERA Economic Consulting
Publisher(s): NERA Economic Consulting
Publication Date: November 1, 2015
Full Text: Download Resource
Description (excerpt):
NERA used a state-of-the-art energy/economy model (NewERA) to assess the impacts of the CPP
- Impacts are measured relative to projected baseline conditions (i.e., without CPP)
- Baseline values for this analysis, including electricity demand and supply, capital costs, and fuel costs, are based on the AEO 2015 reference case projections
NERA analyzed two alternative scenarios for mass-based CPP compliance, differing in the extent of trading each assumes (state versus regional)*
- Both scenarios identify least cost compliance from all available options within the assumed trading regions, including end-use energy efficiency
- Results for both are presented for two cases on whether or not some of the value of allowances is used to lower electricity rate impacts