Emissions trading by electric utilities for acid deposition control

Thesis/Dissertation · Sun Jan 01 04:00:00 EST 1984

OSTI ID:5966590

Raufer, R K

The Environmental Protection Agency (EPA) has developed the Emissions Trading Program (ETP) in recent years, which is a limited market approach to pollution control. The currency in the market is the Emission Reduction Credit (ERC). Market impediments have slowed the development of the ETP, however, and have contributed to the hoarding of ERCs. Transactions in the existing ETP were analyzed, and both general and utility-specific market impediments were identified. The implications of these impediments on an acid deposition ERC market were then determined. A survey of utilities and Public Utility Commissions in the area of the country most likely to be affected by acid deposition control legislation was conducted to determine: their experience with the ETP; and their reaction to a mechanism which could enhance market use (i.e., ERC leasing). The survey identified very limited formal use of the ETP, although the program is well understood, and apparently well established internally. The reaction to leasing was sufficiently favorable for a market analysis to be conducted, focusing on the state of Illinois. Costs for as many as seven SO/sub 2/ control technologies were determined for each of the 66 existing or planned coal-fired utility units in the state, and projected operations for each unit from 1983 through the year 2000 were obtained from production cost modeling runs or other data.

• OSTI ID: 5966590
• Country of Publication: United States
• Language: English

Related Subjects

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290300 -- Energy Planning & Policy-- Environment
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54 ENVIRONMENTAL SCIENCES
ACID RAIN
AIR POLLUTION CONTROL
ATMOSPHERIC PRECIPITATIONS
CHALCOGENIDES
CONTROL
ELECTRIC UTILITIES
FEDERAL REGION V
FOSSIL-FUEL POWER PLANTS
ILLINOIS
MANAGEMENT
MARKET
NORTH AMERICA
OXIDES
OXYGEN COMPOUNDS
POLLUTION CONTROL
POWER PLANTS
PROGRAM MANAGEMENT
PUBLIC UTILITIES
RAIN
SULFUR COMPOUNDS
SULFUR DIOXIDE
SULFUR OXIDES
THERMAL POWER PLANTS
USA