HOUSTON, Nov. 12, 2013 /PRNewswire/ -- Ventyx, an ABB company, will host an in-depth workshop on the future of the North American power market in Houston on Tuesday, November 19, designed to help participants identify significant business opportunities, enabling confident investment decisions that drive business growth.
"Fundamental changes are underway in North America, with low-cost gas and new EPA regulations having major changes on the future plant mix," said Ventyx GM Energy Portfolio Management Solutions Tom O'Meara. "Will cheap natural gas and renewable resources affect coal and nuclear plants' economic viability? How will EPA regulations impact investment decisions and plant operation – is carbon really a major player? Will market design and structures need to change? These questions go to the core of all investment and operational decisions in the energy sector."
In this workshop, Ventyx market experts in the company's Advisors team will provide unbiased data and analysis that helps answer these questions, as well as discuss the latest analysis of the interplay between the power and fuel markets. Attendees will hear a thorough analysis of the energy market, as outlined in the Ventyx North American Power Reference Case. This semiannually updated report, now in its 13th year of production, provides a comprehensive, integrated analysis of the North American electricity market using a market-based, fundamental model of power, gas, coal and environmental markets – accounting for the interdependency of these markets – and provides forecasts out to 25 years based on consistent economic assumptions. All energy market participants, including power producers, financial institutions, power marketers, municipalities and others, will benefit from attending.
The workshop will run from 8:30 a.m. to 4:00 p.m. (CST) at the Magnolia Hotel at 1100 Texas Avenue in downtown Houston. Breakfast and lunch will be served. Click here to see a full agenda and to register.
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.