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Title: Bottlenecks aggravate rising construction costs

Journal Article · · Electricity Journal

Rising demand for power in developing countries combined with concerns about carbon emissions from coal-fired power plants in developed countries have created a bonanza for carbon-light technologies, including nuclear, renewables and natural gas plants. This, in turn, has put upward pressure on the price of natural gas in key markets while resulting in shortages in critical components for building renewables and nuclear reactors. Globalization of the power industry means that pressures in one segment or one region translate into shortages and rising prices everywhere else.

OSTI ID:
21066061
Journal Information:
Electricity Journal, Vol. 21, Issue 4; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
Country of Publication:
United States
Language:
English