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Power Plant Emission Reductions Using a Generation Performance Standard
 

1  Energy Information Administration, Analysis of Strategies for Reducing Multiple Emissions from Power Plants: Sulfur Dioxide, Nitrogen Oxides, and Carbon Dioxide, SR/OIAF/2000-05 (Washington, DC, December 2000).

2  This analysis was prepared in response to comments received from reviewers of the previous (Phase I) analysis. Independent expert reviewers suggested that alternative policy instruments—particularly a dynamic generation performance standard—for reducing power sector emissions should be analyzed. This report was reviewed by two of those reviewers, Dallas Burtraw and Karen Palmer of Resources for the Future.

3  A renewable portfolio standard program calls for a share of generation or sales of electricity to come from nonhydroelectric renewable facilities. All suppliers of electricity must either produce the required share themselves or purchase credits from others who produce more than they need.

4  Energy Information Administration, Analysis of Strategies for Reducing Multiple Emissions from Power Plants: Sulfur Dioxide, Nitrogen Oxides, and Carbon Dioxide, SR/OIAF/2000-05 (Washington, DC, December 2000).

5  Energy Information Administration, Analysis of Strategies for Reducing Multiple Emissions from Power Plants: Sulfur Dioxide, Nitrogen Oxides, and Carbon Dioxide, SR/OIAF/2000-05 (Washington, DC, December 2000). Readers should refer to the report for a thorough description of the 18 cases analyzed. The analysis in this report is limited to a comparison of the results of selected integrated cases with and without a CO2 GPS program.

6  The definition of covered facilities differs among GPS proposals. In some, allowances are allocated to all generators. In others they are allocated only to fossil-fired generators that produce the emissions.

7  C. Fischer, Rebating Environmental Policy Revenues: Output-based Allocations and Tradable Performance Standards (Washington, DC: Resources for the Future, January 21, 1999).

 8 L.H. Goulder, I.W.H. Perry, R.C. Williams III, and D. Burtraw, The Cost-Effectiveness of Alternative  Instruments for Environmental Protection in a Second Best Setting (Washington, DC: Resources for the Future, March 1998).