8/13/2019 PESGM2006-000025

1/2

IEEE POWER ENGINEERING SOCIETY

ENERGY DEVELOPMENT AND POWER GENERATION COMMITTEE

PANEL SESSION

Impacts of GHG Programs and Markets on thePower Industry

2006 General Meeting, Montreal, Canada, June 21, 2:00 pm to 5:00 pm

Co-Chairs:Jim McConnach, Chair of Climate Change Working Group, Ontario, Canada E-mail:jsmcconnach@ieee.org

Tom Hammons, University of Glasgow, Scotland, UK. E-mail: T.Hammons@ieee.org

Track: Integrating New Sources of Energy in Power Systems Global Warming

INTRODUCTION

Global response to climate change is well

established and growing daily due to

international initiatives such as the Kyoto Accordand the recent Climate Pact which the USA and

Australia have developed with a group of key

Asian countries, notably China and India. Thereare also many programs and initiatives at

national, state and regional levels to monitor,

record and reduce Greenhouse Gas (GHG)emissions. An effective tool or mechanism to

accelerate the achievement of cost effective

GHG targets is the concept of emissions tradingor transfers among participants. Essentially this

involves treating GHG emission allowances and

reduction/removal credit units like any othercommodity in the marketplace. Arrangements are

made for them to be traded on national and

international exchanges. The marketplace setsthe value of GHG emission credit units. These

are bought and sold by countries and companiesto facilitate meeting their GHG targets at lowestcost.

The main established markets for trading GHGcredits and allowances are the European

Emission Trading Scheme (ETS); the voluntary

Chicago Exchange (CCX) and the International

Emissions Trading (IET) scheme established as

part of the flexibility mechanisms of the Kyoto

Accord. There are other markets and programsestablished or under development such as the

Carbon Trust; the Canada Offsets System; the

Canada Climate Exchange; the Regional GHGInitiative (RGGI) in North-east USA; and the

California Climate Action Registry;

This panel session will provide an overview of

the global responses to Climate Change and of

the established and emerging GHG Markets andPrograms arising from this. The impacts on the

electrical power industry and how it is taking

advantage of these programs and markets willthen be discussed. This will include the impacts

on policy, strategy and decision making in major

players such as governments, manufacturers,utilities, contractors and consultants and how

they are leading by example within their ownoperations.

The panel session has been organized by Jim

McConnach and Tom Hammons.

1-4244-0493-2/06/$20.00 2006 IEEE.

8/13/2019 PESGM2006-000025

2/2

Panelists and Presentation Titles are:

1. Dr. Ahmed Zobaa , Cairo University, Egypt

and James McConnach, Ontario, CanadaInternational Response to Climate Change:

An Overview (Paper ID 06GM0027)

2. Gilles Potvin, Senior Program Officer, CDM

& JI Office, Ontario Canada Canadas CDM

and JI Office (Paper ID 06GM0660)

3. Dr. Romney Duffey, Principal Scientist,

Atomic Energy of Canada Ltd. Ontario,Canada, The Value of Non-Carbon Power

and Emissions Avoidance (Paper ID

06GM0914)

4. James Platts, ISO New England, USA,

Impact of Regional Greenhouse Gas

Initiative and Renewable Portfolio Standards

on Power System Planning (Paper ID06GM0920)

5. Jean Luc Allard, VP Environment, SNC

Lavalin, Quebec, Canada, Prepared

Discussion: Impacts of Climate Change onMajor Energy Projects

6. Judith Hull, Project Manager - Offsets,Environment Canada, Prepared Discussion:

The Canada Offsets System (To be

confirmed)