Indiana Administrative Code
Title 326 - AIR POLLUTION CONTROL DIVISION
Article 24 - CROSS-STATE AIR POLLUTION RULE (CSAPR)
Rule 6 - Nitrogen Oxides (NO[x]) Ozone Season Group 2 Trading Program
Section 6-7 - Unallocated new unit set-aside allowances
Current through March 20, 2024
Authority: IC 13-14-8; IC 13-17-3-4; IC 13-17-3-11
Affected: IC 13-15; IC 13-17
Sec. 7.
(a) Unallocated allowances remaining in the new unit set-aside after completion of the procedures of section 6 of this rule, for a control period, shall be allocated first to new units as follows:
Unit Allowance = ((E-A) x RNUSA) / Sum
Where: Unit allowance is the total allowances allocated to the unit.
E is the unit's emissions during the control period.
A is the amount of allowances awarded for the unit for the control period.
RNUSA is the remaining allowances in the new unit set-aside.
Sum is the total amount of allocations under this subdivision.
(b) After completion of the procedures under subsection (a) for a control period, if any unallocated allowances remain in the new unit set-aside for the control period, the department shall allocate to each existing unit that was allocated allowances under section 5 of this rule, an amount of allowances under the following formula:
Unit allowance = (UA × EUA) / EUB
Where: Unit allowance is the total allowances allocated to the unit.
UA is the total amount of the remaining unallocated allowances in the new unit set-aside. EUA is the unit's allocation under section 5 of this rule for the control period.
EUB is the existing unit budget, as listed in section 2(c) of this rule, for the control period, rounded to the nearest whole allowance.
(c) The department shall notify each CSAPR designated representative of the amount of allowances allocated under this section.