clean power plan: a western and utah perspective on compliance with the rule power through ideas...
DESCRIPTION
Three options for compliance through “trading-ready” plans Energy Strategies LLC 3 Rate-Based Apply Subcategory rates to EGUs Use State GoalCustomized rates Mass-Based Apply Mass-based standards to affected EGUs Apply mass- based standards to affected and new EGUs State Measures Mass-Based Use mass-based state goal. Entities other than EGUs are responsible for compliance measures.TRANSCRIPT
![Page 1: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/1.jpg)
Clean Power Plan: A Western and Utah Perspective on
Compliance with the Rule
Power Through Ideas
Utah Air and Energy SymposiumOctober 27th, 2015
Jeff BurksEnergy Strategies, LLC
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2
Multiple pathways for state compliance
Energy Strategies LLC
Rate-Based Mass-BasedState Measures
Mass-Based
![Page 3: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/3.jpg)
3
Three options for compliance through “trading-ready” plans
Energy Strategies LLC
Rate-Based
Apply Subcategory
rates to EGUs
Use State Goal
Customized rates
Mass-Based
ApplyMass-based standards to
affected EGUs
Apply mass-based standards to affected and
new EGUs
State MeasuresMass-Based
Use mass-based state goal. Entities other than EGUs are responsible for compliance measures.
![Page 4: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/4.jpg)
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AZ CO ID MT Navajo NM NV OR UT Ute WA WY -
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
Total Planned ERC 2030 ERC for CPP Compliance Trading Ready
Emis
sion
Red
uctio
n Cr
edits
(ERC
s)2030 Western States Rate-Based Goals
(Trading Ready)
![Page 5: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/5.jpg)
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Western State Compliance under a Rate-Based Plan
AZ CO ID MT Navajo NM NV OR UT Ute WA WY -
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
Total Planned ERC 2030 ERC for CPP Compliance Trading Ready
Emis
sion
Red
uctio
n Cr
edits
(ERC
s)
![Page 6: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/6.jpg)
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2030 Western States Mass-Based Goals (Trading Ready)
AZ CO ID MT Navajo NM NV OR UTE UT WA WY -
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
45,000,000
50,000,000
EPA 2030 Carbon Emission Goal (Short Tons) Expected 2030 Carbon Emission (Short Tons)
Shor
t Ton
s CO
2
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Western State Compliance under a Mass-Based Plan
AZ CO ID MT Navajo NM NV OR UTE UT WA WY -
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
45,000,000
50,000,000
EPA 2030 Carbon Emission Goal (Short Tons) Expected 2030 Carbon Emission (Short Tons)
Shor
t Ton
s CO
2
![Page 8: Clean Power Plan: A Western and Utah Perspective on Compliance with the Rule Power Through Ideas Utah Air and Energy Symposium October 27 th, 2015 Jeff](https://reader036.vdocuments.net/reader036/viewer/2022082911/5a4d1bc67f8b9ab0599d5446/html5/thumbnails/8.jpg)
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Utah’s statewide projected compliance gap under a rate-based plan
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
ERCs Required for Compliance
Emis
sion
Red
uctio
n Cr
edits
(ERC
s)
ERCs required for compliance
ERCs created by 2030
Shortfall of ERCs
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Utah’s statewide projected compliance surplus under a mass-based plan
-
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
2012 Carbon Emission (Short Tons)
Shor
t Ton
s CO
2
Potential Surplus of Allowances
Projected 2030 CO2 Emissions
CO2 Emissions Cap
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Huntington Unit 1CO2 Emissions Compared to Goal
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 -
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
Sho
rt To
ns
First Year of Compliance
2022
CPP Emissions Goal for Huntington 1
Huntington Unit 1CO2 Emissions