Abstract
Many electric utility companies around the United States have adopted plans for achieving net zero emissions by the middle of the century. This paper takes a critical look at the plans and strategic initiatives taken by a large investor-owned utility company to achieve the goal of net-zero carbon emissions by 2050. A 15-year generation resource plan was presented by the utility company in its recent integrated resource plan (IRP 2020), which included multiple portfolios to meet the set goal. A review of this plan reveals that the company plans to rely predominantly on natural gas-fired plants (replacing coal-fired units) to meet the load growth and to maintain reliability. One of the main objectives of this paper is to analyze the company's plan and determine whether it is possible to attain net-zero carbon emissions given the current and future technological trend. Similar analysis can be carried out to evaluate the future of net-zero operations for other companies.
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