Code of Federal Regulations (alpha)

CFR /  Title 40  /  Part 73  /  Sec. 73.21 Phase II repowering allowances.

(a) Repowering allowances. In addition to allowances allocated under Sec. 73.10(b), the Administrator will allocate, to each existing unit (under Sec. 72.44(b)(1) of this chapter) with an approved repowering extension plan, allowances for use during the repowering extension period approved under Sec. 72.44(f)(2)(ii) of this chapter (including a prorated allocation for any fraction of a year) equal to:[GRAPHIC] [TIFF OMITTED] TC01SE92.081 where: 1995 SIP = Most stringent federally enforceable State implementation

plan SO2 emissions limitation for 1995.1995 Actual Rate = 1995 actual SO2 emissions rateUnit's Adjusted Basic Allowances are as listed in the following table ------------------------------------------------------------------------

Year 2000

adjusted

Unit basic

allowances------------------------------------------------------------------------RE Burger 1................................................ 1273RE Burger 2................................................ 1245RE Burger 3................................................ 1286RE Burger 4................................................ 1316RE Burger 5................................................ 1336RE Burger 6................................................ 1332New Castle 1............................................... 1334New Castle 2............................................... 1485New Castle 3............................................... 2935New Castle 4............................................... 2686New Castle 5............................................... 5481------------------------------------------------------------------------

(b) Upon commencement of commercial operation of a new unit (under Sec. 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 Sec. 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 Sec. 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: [GRAPHIC] [TIFF OMITTED] TC01SE92.082 where: Forfeiture Period = difference (as a portion of a year) between the end

(1) If the designated representative for a repowering unit terminates the repowering extension plan in accordance with Sec. 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: [GRAPHIC] [TIFF OMITTED] TC01SE92.082 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 Sec. 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 rateUnit's Adjusted Basic Allowances are as listed in the table in paragraph

(a) of this section.

(c)(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:[GRAPHIC] [TIFF OMITTED] TR28SE98.051 [53 FR 15713, Mar. 23, 1993, as amended at 63 FR 51765, Sept. 28, 1998] Sec. Sec. 73.22-73.24 [Reserved]

(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:[GRAPHIC] [TIFF OMITTED] TR28SE98.051 [53 FR 15713, Mar. 23, 1993, as amended at 63 FR 51765, Sept. 28, 1998] Sec. Sec. 73.22-73.24 [Reserved]