Changing Coal Plant Operations and
Current Compensation Practices
Phillip Graeter – Manager, Energy & Environmental Markets
Energy Ventures Analysis
Wednesday, April 1, 2020 ~ 2:00 – 3:00 pm Eastern Time
The shift away from coal-fired generation towards natural gas and renewables has impacted existing coal-fired electric generating units in several ways, including pressuring them to operate as load-following or cycling resources rather than traditional baseload resources. This trend is of particular importance to state public utility commissions (PUCs). Functioning as economic regulators, PUCs oversee investments in a reliable, efficient system while balancing emissions goals, customer demands, and other policy objectives. Changes to coal plant operations are important for PUCs to monitor.
A new report by Energy Ventures Analysis (EVA) for the National Association of Regulatory Commissioners (NARUC) titled “Recent Changes to U.S. Coal Plant Operations and Current Compensation Practices” addresses the resource shift and possible solutions to challenges it poses.
Join us as EVA’s Phillip Graeter, co-author of the report for NARUC along with Seth Schwartz, presents a report overview and 2019 updates regarding the U.S. coal fleet. Questions to be addressed:
- How can coal plants minimize increases in operating cost due to cycling, and optimize the plants’ operation?
- What other measures can reduce coal plant cycling costs?
- Are there market mechanisms to financially compensate coal units for providing essential market balancing attributes and flexibility that can also lower electricity rates for consumers?
Register Today: https://na.eventscloud.com/536765
There is no charge for members of the American Coal Council, but pre-registration is required.
Non-members may register for a fee of $50.
Energy Ventures Analysis is a boutique energy consulting firm located in the Washington DC metro area offering in-depth knowledge and expert energy consulting services for over three decades to clients in the electric power, natural gas & oil, coal, environmental, and renewable energy industries. EVA’s cutting-edge services include energy market fundamentals, economic analysis, and operational management.
The American Coal Council’s Coal Q&A Program provides a forum to address critical issues affecting the U.S. coal industry ~ including coal producers, consumers and transporters. Each program begins with a topic briefing by a leading industry analyst or representative, followed by a Q&A session.