[Code of Federal Regulations]
[Title 40, Volume 14]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR73.21]

[Page 151-152]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 73--SULFUR DIOXIDE ALLOWANCE SYSTEM--Table of Contents
 
                    Subpart B--Allowance Allocations
 
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 rate
Unit's Adjusted Basic Allowances are as listed in the following table


------------------------------------------------------------------------
                                                              Year 2000
                                                               adjusted
                            Unit                                basic
                                                              allowances
------------------------------------------------------------------------
RE Burger 1................................................         1273
RE Burger 2................................................         1245
RE Burger 3................................................         1286
RE Burger 4................................................         1316
RE Burger 5................................................         1336
RE Burger 6................................................         1332
New Castle 1...............................................         1334
New Castle 2...............................................         1485
New Castle 3...............................................         2935
New Castle 4...............................................         2686
New 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:

[[Page 152]]

[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 rate
Unit'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]