New regulatory requirements combined with an increased emphasis on sustainable business practices have dramatically impacted the power and energy industry. In Europe, the EU Emissions Trading Scheme (EU ETS) has come into effect and IPPC compliance challenges loom on the horizon. In the U.S., companies have the U.S. Acid Rain program and expanded NOx regulations to contend with, along with voluntary greenhouse gas reporting under U.S. DOE 1605b.

IHS has deep roots in the energy industry and a long list of energy industry customers, many of whom have been managing their environmental compliance and emissions trading programs with IHS software for a decade or more. No other company anywhere in the world offers an energy industry environmental software solution with as much breadth. From environmental reporting and compliance to financial tracking and risk analysis of emissions allowance portfolios, IHS’s power and energy industry software solutions give you total, corporate-wide management of your environmental program and emissions assets.

Both of the IHS product lines were developed through collaboration between IHS and leading energy industry companies. They are designed as full enterprise solutions, but still offer plant-level functionality. In addition, energy industry templates have been established to reduce implementation time and shorten the payback period.

Typical environmental and emissions allowance management challenges in the energy industry