This Flash Note from Make Consulting examines a few implications of the new carbon regulations for the U.S.power sector, particularly the impact on the wind power market in highlighted states. It summarizes the rule’s requirements and timeline. This Flash Note (for Make clients) analyses the plan’s effect on state renewable energy standards, REC markets, fossil fuel generation, power prices, and federal incentives. It also assesses the potential impact on MAKE’s U.S.forecast scenarios and opportunity for wind power.
- Proposed EPA rule calls for CO2 reductions from existing power plants of 17% by 2030 from current levels
- Flexible compliance options for individual state plans creates largest opportunity for energy efficiency, natural gas, and renewables
- Largest opportunity for wind exists in wind-rich states that can transmit wind power and sell credits to other states
Filed Under: News, Policy