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ISO-NE capacity auction ends with prices up from record low

ISO-NE capacity auction ends with prices up from record low

As expected, ISO New England’s (“ISO-NE”) recent Forward Capacity Auction (“FCA”) 15 resulted in higher capacity ...
US sets new wind generation record

US sets new wind generation record

The US set a new record for daily wind electricity generation on December 23, 2020. According to the EIA, a total of 1.76 million MWh were generated from wind in the lower 48 states. The new record represented approximately 17% of the total daily US electricity generation. This new milestone eclipsed the pre-2020 record of […]
US power grid shed 13 GW of generating capacity in 2020, added 25 GW

US power grid shed 13 GW of generating capacity in 2020, added 25 GW

According to S&P Global Market intelligence (S&P) data, 12,946 MW of power generating capacity in the US was retired in 2020, down from the 19,716 MW retired in 2019. Broken down by fuel type, shuttered coal plants made up the bulk of the retirements at 56.9%, followed by gas at 19.2%, and nuclear at 12.7%. […]
2020 Saw Lowest Natural Gas Prices in Decades

2020 Saw Lowest Natural Gas Prices in Decades

Mild winter weather and the global COVID-19 pandemic drove natural gas prices in 2020 to the lowest annual average prices in several decades, averaging $2.05 per MMBtu at the national benchmark Henry Hub in Louisiana, according to EIA data. Natural gas demand for heating was low due to the mild weather, and economic shutdowns triggered […]
Declining natural gas-fired combined-cycle heat rates

Declining natural gas-fired combined-cycle heat rates

The average operating heat rate for combined-cycle generators has declined over the last five years. According to the EIA, natural gas combined-cycle power generators installed since 2015 have an average heat rate of 6,654 Btu/kWh. This average is nearly 25% lower than units installed before 2000, which have an average operating heat rate of 8,840 […]
Battery storage shows tremendous growth

Battery storage shows tremendous growth

Installed large-scale battery storage systems in the United States reached an all-time high as of the end of 2018. According to the EIA, a total of 125 installed battery storage systems having a combined capacity of 869 MW were operational in the US as of 2018. These figures are a significant increase compared to 2010 […]
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What Our Clients Say

We have used evcValuation on multiple power generation plants throughout the United States with respect to ad valorem property tax disputes. The dedicated professionals at evcValuation go to great lengths to ensure their reports are both thorough and accurate. To achieve this, they dig deeper and pull back layers that many would simply gloss over…

Professional business valuation services for optimal asset appraisals.
Dan Zazzali
Partner
McCarter & English LLP

I’ve partnered with Kevin Reilly and evcValuation on some of the most complex valuation assignments in the country, including nuclear power plants, cogeneration facilities, wind and solar farms, battery storage sites, and more. In every instance, evcValuation brings an unparallelled level of expertise and integrity to the table.

What makes Kevin such a powerful and credible witness isn’t just his knowledge or meticulous preparation—it’s that he is never an advocate for his client. He is an advocate for the right value. Commitment to objectivity is evcValuation’s “secret sauce” and why juries and judges find them so credible. Kevin’s objectivity allows him to maintain an even demeanor in deposition or on the witness stand under the most rigorous examination.

When it comes to valuation of complex properties, evcValuation is the best in the business. There are a number of appraisers who write excellent reports, and there are several who tell a good story. evcValuation is one of the very few who do both. Their work is consistently thorough, defensible, and rooted in a deep understanding of appraisal theory, the subject property, and the market. When the stakes are high, you need the best in your corner, which is why evcValuation is our first call.

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Raymond Gray
Founding Partner of Gray Winston & Hart, PLLC

We’ve worked with evcValuation for several years on property tax disputes that’s reached a state-level appeal board. The team is well qualified for dealing with power plants and power market specifics. They understand differences across technologies and markets and how to account for these in their work. The specific property they’ve advised us on has a host of complexities, and I’ve been impressed with evc’s thoughtful approach and ability to tackle these issues. They work efficiently and have always responded to any questions or concerns we’ve had promptly. Kevin and his team provide a solid product and they’re at the top of our list of people to call for property tax disputes.

Experienced business valuation professional providing accurate valuation services.
Jonathan Beach
Principal
Rockland Capital

We have used evcValuation on several projects in Oklahoma, ranging from railroads to renewable energy properties. Kevin Reilly’s testimony was instrumental in achieving success in the landmark Oklahoma wind case, Kingfisher Wind, LLC v. Wehmuller, 2022 OK 83, 521 P.3d 786. Kevin’s team at evc is top-notch. They are thoughtful, thorough, and prompt with their work and communication with the attorneys and the client. We look forward to working with them in the future.

Expert vehicle valuation services for accurate business appraisals.
Jay Dobson
Partner
Elias, Books, Brown & Nelson