The future of energy and the environment: Policy implications for electric power |
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| Institution: | 1. Departamento de Electricidad, Universidad Tecnológica Metropolitana, Santiago 7750000, Chile;2. Instituto de Investigacion Multidisciplinario en Ciencia y Tecnologia, Universidad de La Serena, La Serena 1720170, Chile;1. Innovation Institute for Sustainable Maritime Architecture Research and Technology, Qingdao University of Technology, Qingdao, 266033, China;2. Faculty of Environmental Engineering, The University of Kitakyushu, Kitakyushu, 808-0135, Japan;3. Institute of Mechanical Engineering, Tongji University, Siping Road, Shanghai, 1239, China;1. Politecnico di Milano, Department of Energy, Via Lambruschini 4, 20156 Milano, Italy;2. Università degli Studi di Pavia, Dipartimento di Ingegneria Industriale e dell’Informazione, Via Adolfo Ferrata 5, 27100 Pavia, Italy |
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| Abstract: | Balancing environmental responsibility while promoting efficient restructing of the electric power sector is a primary challenge facing energy companies such as American Electric Power (AEP). These are issues that transcend the confines of business operations or regulatory procedures, belonging instead at the forefront of national (and global) policy on energy and the environment. Aligning effective corporate environmental strategy with good business sense relies upon a sound policymaking framework, and toward this end, a recent AEP analysis revealed several unrealistic assumptions and undesirable economic impacts of the emerging direction of environmental policy in the power sector. This study also identified numerous policy options that could lead to more feasible and sustainable alternatives for an environmentally concious, prosperous future. |
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