Fircroft’s Power & Energy team take a look at recent developments in the US energy & utilities industry.
Last week saw the Energy, Utility & Environment Conference (EUEC) take place in San Diego.
Facilitating information exchange and cooperation between industry, government and regulatory stakeholders, the conference- the biggest of its kind in the US- provides a great opportunity to examine the key issues dominating the energy and utility sector.
Amongst a wide range of topics, one issue in particular stood out: the Environmental Protection Agency’s (EPA) Clean Power Plan.
Here at Fircroft our Power & Energy team carry out a lot of recruitment work for both nuclear and electrical transmission and distribution focusses. We’ve also seen a great deal of activity in power plant decommissioning; so the EPA’s Clean Power Plan- and its potential consequences for the US energy & utilities industry has caught our interest.
The Clean Power Plan, passed by President Obama in August 2015 (and described as his ‘most ambitious climate policy to date’), will have a significant impact upon existing power plants across the US. The Plan is designed to reduce carbon pollution whilst providing national consistency and accountability and also reflecting the energy mix of each individual state.
The Plan will undoubtedly signal that the US is serious about tackling carbon emissions, following as it does the American Clean Energy and Security Act (ACES) of 2009, but debate still remains as to the impact that it will have upon the energy and utilities industry.
Claus Henriksen, Account Manager at Fircroft, comments:
“As regulations and trading conditions change Fircroft remains committed to supporting our energy and utilities clients to find the right staff to meet their requirements in a changing global marketplace.”
“With regulations such as the Clean Power Plan coming into effect it will be interesting to see how both the intended and unintended consequences play out and whether or not renewables, nuclear or other low-carbon alternatives come to the fore in the US (and wider) energy markets.”