ABB launched a new initiative, The Clean Air Initiative, to ensure that the company's power plant and utility customers are aligned and protected against the many challenges to the power generation industry.
The combination of an aging coal-fired fleet, increasingly stringent EPA regulations and an abundance of natural gas are driving change in the power industry that will result in a future landscape that looks much different from today's version.
As utilities work through the process of coming into compliance some plants will retire, others will be retrofit with air quality controls and new generating capacity will need to be constructed. In response to this changing landscape, ABB decided to launch its new Clean Air Initiative.
In addition to the obvious needs in power generation, the retirement of generating assets in certain areas will create pockets of grid instability that must be addressed. Drawing on years of experience, ABB and its Grid Systems business in North America will consult with its customers on the best possible courses to remedy grid instability and to take responsibility for turnkey installation of solutions, including static VAR compensators, static synchronous compensators and capacitor banks.
The magnitude of change facing the power industry dictates an approach that requires dedicated focus on the trend. By establishing that focus through the creation of a strategic initiative, ABB is affirming its commitment to partner with customers in a way that adds value beyond traditional equipment supplier roles.