SOURCE: Industrial Info Resources

Industrial Info Resources

October 05, 2011 06:20 ET

New IIR Energy Service Shows Impact of EPA Cross-State Pollution Rule, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Oct 5, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- U.S. electric utilities and merchant generators have already announced the premature closure of more than 20,000 megawatts (MW) of electric generation in response to new emissions regulations from the U.S. Environmental Protection Agency (EPA) (Washington, D.C.).

"We are tracking a total of 55,000 MW of electric generation that could be closed over the next five years by the EPA's Cross-State Air Pollution Rule (CSAPR)," said Paul Copello, president of IIR Energy. "Up to 20,000 MW of new gas-fired generation could be built to replace those prematurely closed generators. Dozens of other generators are making the decision to install pollution-control equipment to meet the new rule's limits for sulfur dioxide (SO2) and oxides of nitrogen (NOx).

"CSAPR is transforming, even revolutionizing, the U.S. Power business," he continued. "IIR Energy has developed a new information service, the IIR CSAPR Analysis, which provides market participants with a clear and dynamic picture of the U.S. generation landscape as it is remade by this far-reaching EPA regulation."

The IIR CSAPR Analysis service is tracking more than 1,000 U.S. coal-fired units with aggregate generating capacity of more than 292,000 MW that could be affected by the EPA's new regulation. Currently, 129 coal units with aggregate generating capacity exceeding 25,000 MW are scheduled to be retired over the 2011-2015 period. We expect that number to continue rising over the next year. Right now, construction of more than 17,000 MW of new gas-fired generation is scheduled to kick off over the 2012-2015 period, leading to a generation deficit of nearly 9,000 MW that the IIR CSAPR Analysis can identify today. More than $50 billion in capital project spending is scheduled for the nation's coal and gas power fleet between now and 2018, according to the service.

CSAPR, finalized by the EPA in July 2011, imposes strict new standards for emissions of SO2 and NOx for generators in 28 states in the Eastern and Central portions of the U.S. Phase I of the new rule goes into effect next January. Phase II becomes effective in 2014. Ultimately, the rule requires a 73% reduction in SO2 emissions and a 54% reduction in NOx emissions, compared to a 2005 baseline.

Complimentary demonstrations of this powerful new analytic tool are available from IIR Energy. You can schedule a demonstration by calling an IIR Energy team member at 713-980-1779, or by emailing the team at iirteam@iirenergy.com

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=188129&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.

About IIR Energy
A unit of Industrial Info Resources, IIR Energy is the leading provider of supply-side market intelligence for the energy market, including Electric Power Generation; Oil & Gas Storage, Transmission and Production; Alternative Fuels such as biodiesel, ethanol, and coal gasification; and the Petroleum Refining industries. IIR Energy provides time-sensitive, critical market information that enables asset owners, developers, regulators, as well as financial and physical participants to enhance their trading strategies and minimize market risk.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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