In August 2015, the U.S. Environmental Protection Agency released its final rule governing existing power plant emissions of greenhouse gases. The Clean Power Plan (CPP) provides the first-ever national standards that address carbon emissions from existing power plants. Implementation of the rule will significantly restructure the composition and dispatch of the U.S. generation fleet; however, the rule must first overcome years of litigation. Then states must consider whether to pursue rate- or mass-based compliance plans. Electric utilities must design their future generation portfolio, which is likely to include a combination of natural gas, nuclear, renewables, and energy efficiency. This will ensure they continue to provide the cheapest and most reliable energy to their customers.
Today’s energy business will not be tomorrow’s energy business. Our experienced team of energy practitioners understands the roles a broad spectrum of resources fit into an integrated strategy. We don’t just help our clients understand the evolving energy landscape—we work with them to achieve business results in this landscape.