October 5, 2012
The Electric Power Research Institute (EPRI) has released today an expanded strategic analysis of key technology, market and policy uncertainties confronting the existing U.S. coal-based generation fleet over the next few decades. Today’s release updates preliminary findings released by EPRI in May 2012.
EPRI’s “The Value of Innovation in Environmental Controls” analysis will help electric power companies understand the various environmental control technology options and costs they may face in the future. The report also outlines several key research and development (R&D) opportunities that can be pursued by EPRI and others to achieve the desired levels of environmental performance at a lower cost to society.
This analysis is the first to use a new U.S. Regional Economy, Greenhouse Gas, and Energy (US-REGEN) model developed by EPRI to enable assessment of various technology, market and policy scenarios on the electric power system and the U.S. economy at a regional level.
The summary report being released today describes three scenarios for current, proposed, and potential regulations affecting air emissions, cooling water usage, and solid waste disposal from electric power generation units. For each, EPRI estimated control technology costs on a unit-by-unit basis for each of the approximately 1,100 coal-fired generating units in the U.S. These additional technology costs were then added to the US-REGEN model to determine impacts on generation mix, unit retirements or retrofits, market impacts, and other economic variables of interest.
The EPRI report also reviews “sensitivity” cases focused on the price of natural gas and its associated impact on electricity generation. The summary report is available for download on EPRI’s website at (www.epri.com) by entering 1026743 in the search field.
For more information, please contact Clay Perry, Senior Media Relations Manager, 202-293-6184, email@example.com; or Chris Mahoney, Communications Manager – Environment, 704-595-2653, firstname.lastname@example.org.
About the Electric Power Research Institute
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI's members represent approximately 90 percent of the electricity generated and delivered in the United States, and international participation extends to more than 30 countries. EPRI's principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.