The Bipartisan Policy Center (BPC) issued a report this week analyzing the impact of new and pending regulations under the Clean Air Act (CAA) on the reliability of the country's electric system. The report's conclusion is that the reliability impacts will be "manageable" and that tools are available to address localized reliability issues. However, the report also warns that careful planning will be required by utilities and regulators to apply these tools and to minimize increases in electricity prices resulting from the new rules. This report comes on the heels of announcements by several large utilities of their intent to shut down coal plants as a result of EPA's overly ambitious agenda.
The five rules considered in the BPC analysis are: (1) the Transport Rule, (2) Utility Air Toxics Rule, (3) Coal Combustion Waste Disposal Regulations, (4) Clean Water Act Section 316(b) Cooling Water Intake Structures, and (4) Greenhouse Gas Performance Standards.
The BPC is a think tank that was established in 2007 by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell. Its stated purpose is "to develop and promote solutions that can attract public support and political momentum in order to achieve real progress."
Read the BPC's press release here.