This white paper recommends that modeling done by transmission planners and other stakeholders meet four minimum standards to “conduct effective modeling of the CPP”: (1) stakeholder engagement and transparency, (2) study methodology and interactions between studyies, (3) study inputs, sensitivities, and probabilistic analysis, and (4) tools and techniques. The standards will help avoid studies that produce unfounded reliability and cost findings.
Policy & Politics: Clean Power Plan
In October 2015, Energy Innovation launched Energy Policy Solutions, an assessment of climate and energy policies to help meet decarbonization goals. We created a computer model, the Energy Policy Simulator, to quantitatively measure the cost and emissions impacts of more than 50 policies across all economic sectors. This page summarizes key findings from our model analysis, including recommended policy packages for meeting the U.S. 2025 emissions target and the Clean Power Plan target.
Energy Innovation identified a cost-effective package of six policies that the U.S. could use to meet the Clean Power Plan at a national average scale. This scenario actually exceeds the emissions goals in later years, as policies designed to meet earlier targets continue to reap benefits in later years, and saves the U.S. more than $40 billion between 2016 and 2030.
This document discusses the potential benefits, costs, and other economic impacts of the Clean Power Plan (CPP). The analysis profiles the electric power sector and weighs the plan’s impacts on energy costs, greenhouse gas emissions, and the economy. The report also estimates climate benefits and human health co-benefits associated with the CPP. A supplementary document also analyzes potential regulatory impacts and provides further background on related laws and executive orders.
This page explains the Clean Power Plan and offers the group’s analysis of its impacts through fact sheets, reports, and technical comments on the draft plan. Topics of these resources include how the Clean Power Plan works, how much it will cost, discussion of misleading studies about the Clean Power Plan, and more.
This resource describes the case for energy efficiency as a cost-effective compliance strategy for the Clean Power Plan. It argues that energy efficiency is the most cost-effective strategy for meeting air quality and energy goals, while also addressing system reliability. The paper includes case studies from around the country that discuss several major energy efficiency approaches and address key compliance plan questions.
This resource book provides information about the economic, environmental, and social imperative for the Clean Power Plan. It begins with a handful of chapters covering the consequences of climate change as it pertains to human health, extreme weather events, national security, wildlife habitats, and more. NRDC emphasizes that all these consequences are far costlier than implementation of the Clean Power Plan. The last several chapters of this book describe why the Clean Power Plan is important and how it will benefit the public, the economy, and the power grid.
This working paper argues that facilitating interstate reduction strategies provides many types of benefits to states and regulated entities, including lowering compliance costs; reducing concerns about competition among jurisdictions; responding to changing fuel prices, weather, and other uncertainties; improving administrative efficiency; and enhancing alignment with regional electricity markets. Designing plans to be compatible will allow states to “opt in” to interstate compliance in the future without committing to it in the state plan.
This report analyzes a variety of environmental, economic, and power sector-related impacts of the EPA’s proposed Clean Power Plan, looking at a range of baseline cases and Clean Power Plan cases. The analysis finds that the Clean Power Plan would reduce power sector CO2 emissions between 29 and 36 percent by 2030, with most of the early emissions reductions coming from natural gas replacing coal and later emission reductions coming from the addition of renewable energy sources. Overall, electricity prices are projected to increase slightly (3-7 percent) at first, but will level off by 2030.
This report examines six modeling studies of EPA’s proposed Clean Power Plan, comparing estimated impacts on power costs and the structure of the power sector. These studies all predict the Clean Power Plan will lead to a decline in power generation and coal production. Though they also estimate no growth in renewables and nuclear beyond the business-as-usual scenarios, the studies do highlight the role of energy efficiency in minimizing cost impacts.