Worth the Investment?

摘要

EPRI is launching a project to provide information that may help a utility conduct a market-based assessment of how much investment its retrofit candidates can support (measured in dollars per kilowatt) and how a unit's investment worthiness may change with respect to climate policy choices and natural gas prices.rnEngineering and technology assessments are necessary to assess the retrofit cost, but the owner must also assess the unit's role in its power market and how that role changes with climate policy or with swings in natural gas prices. Currently it is not clear how stringent the national policy to limit C0_2 emissions may turn out to be. Retrofit costs under an aggressive policy could completely undercut the benefits of keeping a unit compliant.