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The Clean Power Plan (CPP) – the first national carbon regulation in the US was promulgated on Aug 3, 2015. The plan aims to reduce carbon emissions to 32 percent below 2005 levels by 2030. While the ultimate goal is clear, the rule provides for multiple pathways to get there. As such, there are more than 560 trillion theoretical outcomes to CPP based upon which compliance option is adopted and how states and power systems group together to achieve these targets. In this insight, we go through the CPP rulemaking process, compliance mechanisms, and compliance outlook relative to our H1 reference cases.
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This report includes 1 file(s)
Complying with CPP - What will it take.pdf PDF - 2.67 MB
Description
This Power Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For participants, suppliers and advisors who want to look at the trends, risks and issues within the power industry, this report gives you an expert opinion and analysis to help inform your decision making.
Wood Mackenzie's detailed analysis and reliable market forecasts provide a strong reference, enabling a quick and concise description about the relationship between this event and its implications.
Underpinned by our extensive gas, coal and oil markets research, Wood Mackenzie's detailed analysis and reliable market forecasts provide a reliable foundation for investments and corporate planning. We help you understand key regulatory and economic drivers, and emerging industry trends in the power industry.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Insight | Nov 2015
Complying with the Clean Power Plan (CPP) – What will it take?
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