Pathway 5.

Electricity Decarbonization → Phasing Out the Use of Fossil Fuels for the Generation of Electricity

5.7.12 Carbon Adders in Rates and Utility Planning

LPDD Recommendation: “States could require utility planners to include a carbon adder for planning purposes.”

LPDD Recommendation: “FERC can require that wholesale rates include a carbon adder set at a level intended to reflect the social cost of carbon.”

9 Resources Found, Displaying 1 thru 9

FERC Technical Conference regarding Carbon Pricing in Organized Wholesale Electricity Markets (Sept. 2020)

Jurisdiction: Individual Agencies

Includes written testimony of several experts on FERC's legal authority to impose carbon pricing.

Report, Independent System Operators (ISOs) & Carbon Pricing: An Explainer

Jurisdiction: Regional Transmission Organizations

Surveys the policy options for carbon pricing at the Independent System Operator level.

Minnesota Order Establishing Carbon Costs in Resource Plans

Jurisdiction: State Legislatures, Public Utilities, State Public Utility Commissions

The Minnesota PUC published a 2018 Order establishing a range of $9.05 to $43.06 per short ton of CO2 e, which will be used by 2020 in evaluating and selecting resource options in all commission proceedings.

Colorado’s Order to Use Carbon Cost in Energy Resource Plans

Jurisdiction: Public Utilities, State Public Utility Commissions

In 2017, the Colorado PUC ordered Xcel to use the social cost of carbon Energy Resource Plan (ERP) that would guide utility investments through 2024.

PJM carbon pricing study

Jurisdiction: Regional Transmission Organizations

Proposed to study the effects of a carbon price on wholesale markets in tandem with the carbon pricing discussion being advanced by PJM members in stakeholder processes.

Report, Markets, Externalities, and the Federal Power Act

Jurisdiction: Individual Agencies

NYU’s Environmental Law Journal published a 2019 article on FERC’s authority to price carbon dioxide emissions.

Report, Addressing Climate Change Without Legislation

Jurisdiction: Individual Agencies

Proposes that through FERC’s authority over electricity rates, power contracts, and utility planning, the agency can influence the cost-effectiveness of new generation and new infrastructure by putting a price on emissions.

California Proposed Decision on Carbon Costs in Integrated Resource Planning

Jurisdiction: State Legislatures, Public Utilities, State Public Utility Commissions

The Commission has put forward a proposed decision requiring utilities to use the IWG’s Social Cost of Carbon estimates for a Societal Cost Test in Integrated Resource Planning.

NYISO carbon pricing proposal

Jurisdiction: Regional Transmission Organizations

Carbon Pricing Straw Proposal would reflect the cost of carbon emissions in wholesale energy market offers via a “carbon charge.”