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SACRAMENTO, CA--Henwood Energy announced the release of the Power Generation BlueBook Advisory Service that offers the first comprehensive independent view of the valuation of U.S. electricity generating plants.
"There is a great deal of financial restructuring going on in the electric power business today. The Power Generation BlueBook focuses on whether it will be sufficient to return the asset fleet to profitability and when," said Mark Henwood, president and CEO of Henwood Energy.
Power Generation BlueBook Advisory Service findings include:
* Nationally, more than $25 billion of value has been lost on new combined cycle generation built since 1999 from an initial $90 billion investment.
* The West is the relative winner for combined cycle plant valuations due to a faster than expected recovery from the current overbuilt position and a wholesale electricity market supported by high gas prices. California and the Pacific Northwest, Florida, and Texas are regions with ...