SOURCE: Industrial Info Resources

Industrial Info Resources

February 02, 2015 06:00 ET

Black & Veatch Sees 75% Price Increase for Power by 2030 if President's Clean Power Plan Is Implemented, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Feb 2, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Wholesale electricity prices in the U.S. will jump about 75% by 2030 if President Obama's Clean Power Plan to limit carbon dioxide emissions from coal-fired power plants is implemented, Neil Copeland, director of the management consulting practice at Black & Veatch (B&V) (Overland Park, Kansas), told listeners on a webcast January 29. U.S. wholesale electric prices currently average about $42 per megawatt-hour (MWh), but B&V expects those prices are expected to average about $75 in 2030, measured in 2014 dollars.

Within this article: B&V's outlook on U.S. electricity prices and the global energy industry.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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