Illinois Administrative Code › Title 35 - ENVIRONMENTAL PROTECTION › Part 217 - NITROGEN OXIDES EMISSIONS › Subpart U - NO[x] CONTROL AND TRADING PROGRAM FOR SPECIFIED NO[x] GENERATING UNITS › Section 217.470 - Early Reduction Credits (ERCs) for Budget Units

Current through Register Vol. 48, No. 28, July 12, 2024
If a budget unit reduces its NOx
				  emission rate as required by the applicable provisions of subsection (c) of
				  this Section in the 2001 or 2002 control period, or if approved by USEPA the
				  2003 control period, for use in 2004 control period, or later control periods
				  authorized by USEPA, the account representative may request early reduction
				  credits (ERCs) for such reductions, and the Agency will allocate ERCs to the
				  budget unit in accordance with the following:
a) Each budget unit for which the account
				representative requests any ERCs under subsection (d) of this Section must
				monitor NOx emissions in accordance with 40 CFR 96,
				subpart H, as incorporated by reference in Section
				217.104
				of this Part, starting with the control period prior to the control period for
				which ERCs will first be requested and for each control period for which ERCs
				will be requested. For example, if ERCs are requested for reductions made in
				the 2001 control period, the budget unit must have implemented the applicable
				monitoring for the 2000 control period. The budget unit's monitoring system
				availability must be at least 90% during the control period prior to the
				control period in which the NOx emissions reduction is
				made and the budget unit must be in compliance with any applicable State or
				federal emissions or emissions-related requirements.
b) The NOx emission
				rate and heat input under subsections (c) through (e) of this Section shall be
				determined in accordance with 40 CFR 96, subpart H.
c) Each budget unit for which ERCs are
				requested under subsection (d) of this Section must have reduced its
				NOx emission rate for each control period for which ERCs
				are requested by 30% or more below the actual NOx
				emissions rate (lbs/mmbtu) for the first control period in which ERCs are
				requested.
d) The account
				representative of a budget unit that meets the requirements of subsections (a)
				through (c) of this Section may submit to the Agency a request for ERCs for the
				budget unit based on NOx emission rate reductions made
				by the budget unit in control periods 2001, 2002 and 2003.
1) The number of ERCs that may be requested
				for any applicable control period shall be an amount equal to the budget unit's
				heat input for such control period multiplied by the difference between the
				budget unit's NOx emission rate (meeting the
				requirements of subsection (c) of this Section for the applicable control
				period) and the budget unit's actual NOx emission rate
				for the applicable control period, divided by 2000 lbs/ton, and rounded to the
				nearest ton;
2) Upon request of the
				account representative, the ERC allowance allocation for a particular budget
				unit may be deposited in the source's overdraft account rather than in the
				budget unit's compliance account; and
3) The early reduction request must be
				submitted by November 1 for reductions made in the previous control period in a
				format specified by the Agency.