ABB (NYSE: ABB) has launched 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.
ABB says 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. In response to this changing landscape, ABB decided to launch its new Clean Air Initiative. The initiative is led by a cross-functional team that aims to make it easier for customers to access the full value of ABB expertise in products and services.
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, ABB says. 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.
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