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Code of Federal Regulations Title 40. Protection of Environment § 40.73.21 Phase II repowering allowances
Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Repowering allowances. In addition to allowances allocated under § 73.10(b), the Administrator will allocate, to each existing unit (under § 72.44(b)(1) of this chapter) with an approved repowering extension plan, allowances for use during the repowering extension period approved under § 72.44(f)(2)(ii) of this chapter (including a prorated allocation for any fraction of a year) equal to:
|
Unit's Repowering Allowances |
= |
[Unit's Baseline x the lesser of (1995 SIP or 1995 Actual Rate)]/2000 |
− |
Unit's Adjusted Basic Allowances |
where:
1995 SIP = Most stringent federally enforceable State implementation plan SO2 emissions limitation for 1995.
1995 Actual Rate=1995 actual SO2 emissions rate
Unit's Adjusted Basic Allowances are as listed in the following table
|
Unit |
Year 2000 adjusted basic allowances |
|---|---|
|
RE Burger 1 |
1273 |
|
RE Burger 2 |
1245 |
|
RE Burger 3 |
1286 |
|
RE Burger 4 |
1316 |
|
RE Burger 5 |
1336 |
|
RE Burger 6 |
1332 |
|
New Castle 1 |
1334 |
|
New Castle 2 |
1485 |
|
New Castle 3 |
2935 |
|
New Castle 4 |
2686 |
|
New Castle 5 |
5481 |
(b) Upon commencement of commercial operation of a new unit (under § 72.44(b)(2) of this chapter) with an approved repowering extension plan, allowances for use during the repowering extension period approved will end and allocations under § 73.10(b) for the existing unit will be transferred to the subaccounts for the new unit.
(c)(1) If the designated representative for a repowering unit terminates the repowering extension plan in accordance with § 72.44(g)(1) of this chapter, the repowering allowances allocated to that unit by paragraph (a) of this section will be terminated and any necessary allowances from that unit's account forfeited, calculated in the following manner:
|
Forfeited Repowering Allowances |
= Forfeiture Period x |
[((Unit's Baseline x the lesser of (1995 SIP or 1995 Actual Rate))/2000) |
− |
Unit's Adjusted Basic Allowances] |
where:
Forfeiture Period=difference (as a portion of a year) between the end of the approved repowering extension and the end of the repowering extension under § 72.44(g)(1)(ii)
1995 SIP = Most stringent federally enforceable State implementation plan SO2 emissions limitation for 1995.
1995 Actual Rate=1995 actual SO2 emissions rate
Unit's Adjusted Basic Allowances are as listed in the table in paragraph (a) of this section.
(2) The Administrator will reallocate any allowances forfeited in paragraph (c)(1) of this section with a compliance use date of 2000 or any allowances remaining in the repowering reserve to all Table 2 units' years 2000 through 2009 subaccounts in the following manner:
Cite this article: FindLaw.com - Code of Federal Regulations Title 40. Protection of Environment § 40.73.21 Phase II repowering allowances - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-40-protection-of-environment/cfr-sect-40-73-21/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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