Byline:
Philip Q Hanser and Mariko Geronimo
Renewable portfolio standards and other green energy rules put a price on environmental benefits. Calculating this price can help clarify the social value of GHG reductions.
Author Bio:
Philip Q Hanser is a principal with The Brattle Group, and Mariko Geronimo is an associate with the firm. The views in this article are theirs and not those of The Brattle Group or its clients.
Calculating the implied value of CO2 abatement in green energy policies.
Byline:
By Michael T. Burr, Editor-in-Chief
The Republican nominee’s energy plan doesn’t say much about electricity or natural gas. But what it does say should sound familiar to anyone who’s followed energy policy for more than four years.
Author Bio:
Michael T. Burr is Fortnightly’s editor-in-chief. Email him at burr@pur.com
Bold plan for independence, or more partisan overreach?
Squeezing plant outage duration by days or even weeks can save the industry billions of dollars in lost running time. The San Onofre outage is just the most visible example of what’s at stake for the industry. New outage management technologies and processes allow generators to coordinate outages and get critical plants back online quickly and efficiently.
Author Bio:
Scott M. Gawlicki is Fortnightly’s contributing editor based in Hartford, Conn.
IT systems ease the pain of power plant restarts.
The EPA’s new method for measuring the amount of methane that escapes from natural gas wells is based on flawed data. Oklahoma’s attorney general says this misguided policy decision treads on state regulatory authority and stifles resource development.
Author Bio:
E. Scott Pruitt is attorney general of Oklahoma and chairman of the Republican Attorneys General Association.
Incompetence and overreach at the EPA.
New environmental requirements under the Clean Water Act (CWA) will add to the already complex burden of compliance for power plants. As the Environmental Protection Agency moves forward with cooling water and effluent standards, utilities and generators will have to deal with overlapping rules and conflicting policy goals.
Author Bio:
Miranda Yost is an attorney in Hunton & Williams LLP’s Richmond office. Her practice focuses on environmental law and regulation.
EPA’s new water, waste, and air regulations complicate power plant compliance.
Collecting on GHG Damage Claims
F. William Brownell and Curtis D. Porterfield
A state supreme court ruled last fall that damage resulting from climate change allegedly caused by power plant emissions was “reasonably foreseeable,” and therefore litigation expenses were not covered under a general liability insurance policy. The ruling creates an unworkable standard and raises questions about insurance coverage for climate-change liabilities.
Asset options in a fast-moving market.
David J. Quiram, Andre Begosso and Robert Laurens, Accenture
Mergers and acquisitions can help companies balance their asset portfolios and improve their financial strength. But economic and regulatory forces are driving more buyers into the market, and the demand for attractive targets might soon outstrip the supply.
Demand Curve Points to Rising Prices
Dan Krueger, Andre Begosso and Curtis Bech
Even with recent large natural gas discoveries and strong inventories, the supply of natural gas isn’t elastic enough to handle significant demand increases. Rising gas prices will push coal back into the money despite coal plants’ high costs to comply with EPA regulations.
PJM auction jettisons 6.9 GW of coal-fired generation
Ade Dosunmu, Comverge
Demand-side resources claim a growing share of the market, bringing lower costs and environmental benefits.
Vegetation Management and FERC Compliance
Darin Sloan, DuPont Land Management
An integrated approach can trim the cost of keeping utility rights of way clean -- and green.
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