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The US EPA proposes Affordable Clean Energy (ACE) Rule to replace the Clean Power Plan
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Report summary
On 21 August 2018, the US EPA proposed the Affordable Clean Energy (ACE) Rule to replace the 2015 Clean Power Plan. The proposal (1) identifies "inside the fenceline" heat rate improvements as the Best System of Emission Reductions for existing steam generating fossil fuel-fired EGUs; (2) updates the implementing regulations for this and all future emission guidelines promulgated under CAA section 111(d); and (3) takes comment on New Source Review (NSR) permit requirements for sources when they undertake efficiency improvements. Although it has a long way to go, this new proposed rule could have consequential impacts for coal producers, the power sector and the country's CO2 emissions.
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