Wind, solar causing “upheaval” for utilities, San Antonio power exec says
(Jerry Lara/San Antonio Express News)
Utility companies in Texas and beyond must adjust for the future or fade into oblivion, said Cris Eugster, chief generation and strategy officer for San Antonio’s integrated utility company, called CPS Energy.
CPS Energy is planning to retire two coal-fired power plants ahead of schedule while pursuing a more diverse power portfolio with more wind and solar generation, Eugster said during the keynote address at the 2015 Deloitte Alternative Energy Seminar in The Woodlands.
Eugster said CPS and others have shifted to meet anticipated federal regulations on power plant emissions through the so-called Clean Power Plan.
“The utility industry is in the beginning stages of an upheaval,” Eugster said. “We’re going to feel that pain in this industry.”
However, he argued renewable power sources are becoming much more economical as well. CPS also relies on nuclear and gas-fired power plants.
No comments:
Post a Comment