Ill. Admin. Code tit. 35 § 225.440

Current through Register Vol. 48, No. 38, September 20, 2024

Section 225.440 - Annual Allocations

a) For the 2009 control period, and each control period thereafter, the Agency will allocate to all CAIR NO_x units in Illinois for which the Agency has calculated the converted gross electrical output pursuant to Section 225.435(a), (b), or (c) or total converted gross electrical output pursuant to Section 225.435(d), as applicable, a total amount of CAIR NO_x allowances equal to tons of NO_x emissions in the CAIR NO_x Annual Trading budget available for allocation as determined in Section 225.425 and as adjusted to add allowances not allocated pursuant to subsection (b) of this Section in the previous year's allocation.

b) The Agency will allocate CAIR NO_x allowances to each CAIR NO_x unit on a pro-rata basis using the unit's converted gross electrical output pursuant to Section 225.435(a), (b), or (c) or total converted gross electrical output calculated pursuant to Section 225.435(d), as applicable, to the extent whole allowances may be allocated. The Agency will retain any additional allowances beyond this allocation of whole allowances for allocation pursuant to subsection (a) of this Section in the next control period.

Ill. Admin. Code tit. 35, § 225.440

Added at 31 Ill. Reg. 12864, effective August 31, 2007