Exploring the Costs of EPA's Clean Power Plan: A Closer Look at Regulatory Design
This RFF–EPRI webinar explored the assumptions and methods that have led to the different cost estimates.
Event Details
In June 2014, the US Environmental Protection Agency (EPA) released its Clean Power Plan, proposing the nation’s first carbon pollution rules for existing power plants. Concurrently, EPA also released the corresponding regulatory impact analysis (RIA), which provides a range of cost estimates for compliance with the rule. Since then, a number of external studies have also sought to quantify the costs of compliance, monitoring, and reporting.
This RFF–EPRI webinar explored the assumptions and methods that have led to the different cost estimates. Experts from EPRI and RFF highlighted several key challenges in calculating overall regulatory costs, providing an intellectual framework for policymakers and the power sector as they consider the impacts on their states and industries.
This was the third event in a joint EPRI–RFF series on EPA’s Clean Power Plan: Exploring Opportunities for Collaboration and Compliance.
Agenda
12:00 p.m.
Welcome and Introduction
- Kristin Hayes, Assistant Director, RFF's Center for Energy and Climate Economics, Resources for the Future
12:05 p.m.
Overview of EPA’s Regulatory Impact Assessment; Review of Cost Estimate Studies and Ranges
- Tom Wilson, Senior Program Manager, Electric Power Research Institute
(Download presentation.)
12:20 p.m.
Challenges in Modeling the Costs of Energy Efficiency as a Resource
- David Young, Senior Technical Leader, Electric Power Research Institute
(Download presentation.)
12:35 p.m.
Challenges in Evaluating the Use of New Natural Gas Combined Cycle (NGCC) units for Compliance, and Their Interaction with Mass-Based vs. Rate-Based Compliance Approaches
- Dallas Burtraw, Darius Gaskins Senior Fellow, Resources for the Future
(Download presentation.)
12:50 p.m. Q&A
1:15 p.m.
Adjourn
