EPRI Helps Power Companies Understand Their Options
An expanded strategic analysis of technology was released by the Electric Power Research Institute (EPRI). The report also covers market and policy uncertainties confronting the U.S. coal-based generation fleet over the next few decades. The report identifies research and development (R&D) opportunities to pursue that can achieve the desired levels of environmental performance at a lower cost to society.
"The Value of Innovation in Environmental Controls" analysis outlines three regulation scenarios affecting air emissions, cooling water usage, and solid waste disposal from electric power generation units and reviews "sensitivity" cases focused on natural gas prices and their associated impact on electricity generation.
The report estimates control technology costs on a unit-by-unit basis for each of the approximately 1,100 coalâ€fired generating units in the U.S. Researchers factored in the additional technology costs to the US-REGEN model to determine their impacts on generation mix, unit retirements or retrofits, market impacts, and other economic variables.
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.