The situation
Your starting point
Your utility enters 2020 with an aging coal plant, a gas plant and a limited construction budget. A carbon fee changes what those plants cost to run, even before you buy anything new.
The transition has to work as a business and as a power system. Closing the coal plant cuts emissions, but its customers still need electricity while replacements are being built.
The choices
What will you do?
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Count the full cost of coal
Look at fuel, operating costs and emissions fees together. Yesterday's cheapest plant may no longer produce your cheapest electricity.
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Sequence the replacement
Choose what to build and when to retire old capacity. Construction time makes the order of your decisions matter.
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Give customers a reason to stay
Set prices that cover the transition without driving away your customer base. A cleaner fleet still needs a viable utility behind it.
Put your plan to the test
Try turning a price on pollution into a practical plan for the next twelve years.
Build, watch what happens, and try a different approach. The grid is yours to run.