Optimize asset value and maximize ROI.
Over the last two decades, more than 600 fossil generation power plants have been retired because of regulations and less carbon-intensive and expensive fuels. The pace of retirements will increase with the announced closure of nearly 350 additional plants by 2025.
With the passage of the Inflation Reduction Act of 2022, each of these sites represents a redevelopment opportunity for reshoring, renewable energy (solar, wind), hydrogen generation, energy storage and microgrids.
TRC’s RE POWER® program creates new pathways for power plant retirement, retrofit, replacement and redevelopment, helping owners and developers embrace the shifting regulatory landscape and thrive in any climate.
With more than 20 years of experience and over 40 successful projects, TRC recognizes the value of repurposing existing power plant infrastructure and understands how to safely and efficiently transform these properties. TRC’s RE POWER® program is an integrated approach that manages decommissioning, asset recovery and site preparation all the way through redevelopment planning, design and implementation — optimizing your return on investment.
Execute safely. Manage risks. Determine a cost-effective plan.
When a power plant has been designated for operational termination, owners need a partner like TRC to help them manage the risk and determine the most cost-effective plan. Our RE POWER® program helps safely transition from operations and decommissioning to preparing for redevelopment or repurposing.
Optimize ROI. Reduce cost and time. Generate income faster.
When redeveloping the site of a former power plant, developers look to optimize their ROI by understanding and managing risks, costs and timelines. RE POWER® is a comprehensive program to assist developers with pre-construction, decommissioning and construction support to achieve operational objectives.
Gain insight into the industry’s challenges and opportunities by reading our research reports.
RE POWER® Program Published August 2, 2023
RE POWER® Infographic Published May 5, 2021
RE POWER® Project List Published June 14, 2023
RePower SOQ Published August 2, 2023
Whether you’re a private utility, public power provider, or government entity, TRC’s will guide you through the complex process of evaluating and implementing the best options for your retired or outdated power plants. We work closely with you to develop solutions that not only meet your organizational goals but also benefit your community and stakeholders. Contact us today to explore how we can help you transform your power plant sites into opportunities for growth, sustainability and community development.
Our practitioners share their insights and perspectives on the trends and challenges shaping the market.
A core element of the EPA FY2022-2026 Strategic Plan focuses on environmental compliance.
The EPA Office of Enforcement and Compliance Assurance Have Expanded Goals to Strengthen Enforcement and Protections Within EJ Communities
The Executive Office of the President of the United States announced a National Emerging Contaminant Research Initiative
Faced with an aging fleet, stricter environmental regulations, reduced costs for natural gas and competition from renewables, more than 600 power plants have been decommissioned in the last 20 years, a pace that will increase with the announced closure of nearly 350 additional plants by 2025.
When one of America’s leading private-equity companies decided recently to buy a stake in one of the world’s fastest-growing craft-beer brewers, the deal team sought advice from TRC.
This global pandemic has exposed business vulnerabilities and recalibrated material Environmental Social and Governance factors for investors.
In continuing to expand our presence in a key British market, TRC is opening our second UK office in Manchester, England
As we look to spur strategic electrification across the US, it will be up energy providers and solution implementers to continue sharing ideas, insights and lessons learned
