Ventyx Releases Updated Analysis and Projections for North American Power Market, EPA Clean Power Plan

ATLANTA, Oct. 28, 2014 /PRNewswire/ -- Ventyx, an ABB company, today announced availability of its Fall 2014 North American Power Reference Case, a semiannual report detailing Ventyx's integrated market‑based fundamental model of the North American energy industry. The report provides detailed answers to key questions impacting power markets -- such as the projected impact of US Environmental Protection Agency (EPA) regulations, impacts of the expansion of the California ISO's energy imbalance market beyond California and the impact of ERCOT's Operating Reserve Demand Curve -- based on more than 15 years of power sector analysis, data and forecasting by the Ventyx Advisors team.

"Asset owners and energy providers are responding to the proposed EPA Clean Power Plan by announcing plant retirements, plant repowerings, additional renewable generation and increased energy efficiency. These actions affect earnings of market participants, and prices for power, fuel, emissions, and renewable energy credit (REC), and subsequent investment decisions," said Ventyx GM Energy Portfolio Management Solutions Tom O'Meara. "The Ventyx North American Reference Case offers an invaluable resource to guide these decisions by quantifying the various price drivers. Ventyx is well positioned to provide asset owners and energy providers with insight into strategies for profitability, as well as insight into carbon mitigation strategies for their states to meet the proposed targets."

The Ventyx North American Power Reference Case provides a comprehensive, integrated analysis of the North American electricity market using Ventyx's market-based, fundamental model of power, gas, coal and environmental markets – accounting for the interdependency of these markets – and provides 25-year forecasts based on consistent economic assumptions. In addition to forecasts associated with the EPA rule, the Fall 2014 report includes a wealth of analysis related to trends in key markets, including:

• Fuel and environmental expectations and impacts
• EPA's existing source performance standards (i.e., carbon intensity. What does it mean for the states? Who will be the winners and losers?)
• Changes in the ISO markets
• The polar vortex, underlying fundamentals that caused it, and its effects
• FERC's drive for increasing coordination between natural gas and electricity markets, including an analysis of this past winter's Northeast gas and power price excursion (i.e., will a cold winter drive another gas supply shortage across the Northeast?)
• Impact on energy and capacity prices across 72 market areas
• ERCOT's Operating Reserve Demand Curve

The Fall 2014 Power Reference Case report is available immediately. For more information, contact your Ventyx sales representative or email [email protected].

Additional Resources

• The 2014 Energy Portfolio Management Customer Summit (November 11-13; Stone Mountain, GA) will offer a full agenda of training sessions, workshops, customer presentations, and solution showcases designed to inform and inspire professionals focused on the commercial and market-facing aspects of the energy industry. Click here to find out more and register.
• Ventyx is holding its 2015 Energy Market Intelligence workshops in San Francisco and Houston on January 20 and 22, respectively. Register for the San Francisco workshop here, or the Houston workshop here.
• For an overview of key insights in the Reference Case, register and view a recorded webcast.
• The Ventyx Advisors team provides an unbiased look at the EPA Clean Power Plan in a recent article on the Ventyx Energy Market Intelligence blog: http://intelligence.ventyx.com/.

About Ventyx
Ventyx, an ABB company, is a world-leading supplier of Industrial Enterprise Software for essential industries such as energy, mining and public infrastructure. Ventyx solutions bridge the gap between information technologies (IT) and operational technologies (OT), enabling clients to make faster, better-informed decisions in both daily operations and long-term planning strategies. Some of the world's largest organizations rely on Ventyx solutions to minimize risk, enhance operational and financial performance, and execute the right strategies for the future. For more details, see www.ventyx.com.

SOURCE Ventyx

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