CRS Publishes Guides to Renewable Energy in the EPA Clean Power Plan
Parts 1 and 2 of `Renewable Energy in the EPA Clean Power Plan` explain emission rate credits and how the U.S. EPA`s Clean Power Plan may effect existing renewable energy markets
SAN FRANCISCO -- Center for Resource Solutions recently released two reports on the U.S. EPA’s Clean Power Plan, which directs states to implement greenhouse gas emissions limits for existing electricity generators.
Renewable Energy in the EPA Clean Power Plan. Part 1: Introduction to Emission Rate Credits gives an overview and explanation of Emission Rate Credits (ERCs), which can be used by regulated generators to lower their reported emissions rates. ERCs can be generated by renewable energy facilities, energy efficiency, and other measures. These credits can be traded between states that meet certain requirements.
Renewable Energy in the EPA Clean Power Plan. Part 2: Interactions With and Impacts on RECs and Renewable Energy Markets explains the interplay of ERCs and emissions allowances with renewable energy certificates, existing state renewable portfolio standards, and the voluntary renewable energy market. The report also gives guidance to states that want to protect the integrity of their existing clean energy markets.
“The Clean Power Plan offers states a set of options and tools for reducing emissions in our number-one source of greenhouse gases nationally—the electric power sector,” said lead author Todd Jones, senior manager, policy and climate change programs at Center for Resource Solutions. “Renewable energy has a large role to play, and we think these reports can help states develop their plans.”
The reports are available for download at Center for Resource Solutions Publications. To learn more about Renewable Energy in the EPA Clean Power Plan, contact lead author Todd Jones, email@example.com or 415-561-2118.
To learn more about clean energy and the EPA Clean Power Plan, join our free webinar on November 19th, “Clean Power Plan: Interactions and Implications for Renewable Energy Markets.” Learn more at CRS Events.