A new study highlighting the near-, mid-
and long-term impacts of proposed U.S. federal environment regulations
on gas, coal and other power markets, concludes that regulatory
complexities and natural gas economics are driving these energy markets
into the future.
ICF International's study includes a retirement projection for U.S.
coal plants leading up to the compliance date for the Environmental
Protection Agency's (EPA) Mercury and Air Toxics Standards rule, which
remains steady at around ~60 GW, based on a regulatory portfolio that
includes CO2 limits.
As the EPA moves forward with the rulemaking process for its proposed Clean Power Plan and U.S. states consider alternative paths to compliance, expected unit retirements, fuel prices and power prices will shift, according to ICF. Recent CO2 proposals for new power plants (New Source Performance Standard and Existing Source Performance Standard) will further strengthen current market trends favoring natural gas and renewable technologies.
http://www.fierceenergy.com/story/power-generators-must-evaluate-range-energy-futures/2014-10-08
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Credit: Wikimedia Commons/Vbofficial |
As the EPA moves forward with the rulemaking process for its proposed Clean Power Plan and U.S. states consider alternative paths to compliance, expected unit retirements, fuel prices and power prices will shift, according to ICF. Recent CO2 proposals for new power plants (New Source Performance Standard and Existing Source Performance Standard) will further strengthen current market trends favoring natural gas and renewable technologies.
http://www.fierceenergy.com/story/power-generators-must-evaluate-range-energy-futures/2014-10-08
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