Jim McMahon, Patrick Augustine, and Anant Kumar assisted a midwestern utility in a resource planning engagement, with carbon capture and storage (CCS) on existing coal plants being one of the primary decarbonization pathways. CRA developed CCS and alternative gas and renewable portfolio options, developed a rate forecasting model, and analyzed the economics of CCS versus other options, taking into account 45Q tax credits available to the CCS facility. CRA’s work was presented to the executive leadership team and the company board.
Nearly 100 utilities’ credit ratings downgraded since 2020 as wildfire risks grow
The article explains how nearly 100 utility companies have had their credit ratings downgraded since 2020 due to increased wildfire risks. This has made it...