ScottMadden, Inc., one of North America’s leading energy consulting firms, has released its latest edition of The Energy Industry Update (EIU). Themed “Recalibration,” this report will give you bottom-line insights, distill recent events, and help you “recalibrate” as our industry anticipates, and creates, the next “new normal.”
After spending time in legal limbo, the Trump administration has proposed a repeal of the controversial Clean Power Plan. The U.S. Environmental Protection Agency (EPA) is also considering a possible replacement rule that could be much more tailored to power generator characteristics. But, what would that mean? Access this Update to learn about the regulation of power generator greenhouse gas (GHG) emissions, changes in fossil generation (particularly coal-fired generation), and steps being taken by cities and states to address GHG emissions.
“The power generation industry will continue to live with uncertainty as the EPA develops a path forward on GHG emissions regulation and a wide variety of stakeholders contend on the import of, and course of action for, resilience,” explains Preston Fowler, director at ScottMadden. “But many power plant owners, particularly those with younger, larger units, will continue to work to improve plant performance to meet challenging market conditions pending a possible replacement rule, while others will contemplate end-of-life operating and capex approaches.”
If you were not able to join our Energy Industry Update webcast, the complimentary recording is now available. Hear what our industry experts have to say about changes to corporate renewable power purchase agreements, Clean Power Plan repeal and replacement, and energy storage in this session replay. You may also hear more about their original analysis in this video.