IEPNJ served as a key facilitator in the State’s evaluation of the EPA’s Clean Power Plan, including coordination of discussions among DEP and affected generators.
On August 3, 2015, President Obama and the U.S. Environmental Protection Agency (EPA) released the Final Rule on Clean Power Plan (CPP). The goal of the plan is to reduce carbon pollution from the power sector to 32% below 2005 levels by 2030.
Although New Jersey has challenged the legality of the rule and the Supreme Court issued a stay on February 9, 2016, at the time, the New Jersey Department of Environmental Protection (DEP) had started to evaluate the rule and the potential compliance pathways.
In early 2016, at DEP’s request, IEPNJ facilitated the scheduling of meetings with each affected entity and DEP. Through this role, IEPNJ supported DEP in its efforts to conduct due diligence around the current and future plans of resources that would be impacted by the rule. These interactions proved to be highly effective and collaborative.
Since this initiative has the potential to significantly impact the generation industry, IEPNJ’s goal was to be proactive and serve as a valuable resource to DEP as it contemplated important issues. This included providing the “real world” perspective of generation owners – one that is reflective of market dynamics and realities.
As a result of the current administration and vocal disapproval of the plan by new President Donald Trump, CPP is no longer being considered.