Standard & Poor’s Ratings Services upgraded its opinion on Dynegy Inc. Tuesday afternoon, after the company offered an upbeat, investor-inspiring earnings forecast that beat Wall Street expectations.
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Changes in Environmental Policy Could Be Bad News for Gas Industry
The Bush administration is considering plans that would ease environmental restrictions on upgraded existing coal-fired power plants and potentially force the delay or cancellation of a significant amount of new gas-fired power generation. Some industry observers estimate the potential impact at about 40,000 MW of generation capacity or roughly about 8 Bcf/d of gas demand.
Changes in Environmental Policy Could Be Bad News for Gas Industry
The Bush administration is considering plans that would ease environmental restrictions on upgraded existing coal-fired power plants and potentially force the delay or cancellation of a significant amount of new gas-fired power generation. Some industry observers estimate the potential impact at about 40,000 MW of generation capacity or roughly about 8 Bcf/d of gas demand.