Capital spending jumps 12% in 1993; 7% gain seen for 1994

Journal Article · Sat Jan 01 04:00:00 EST 1994 · Electric Light and Power (Boston); (United States)

OSTI ID:5166618

Hoske, M T

US electric utilities estimate that capital spending in 1993 will be 12.1 percent higher than in 1992. They also project 1994 capital spending will top 1993 by 7.2 percent, according to an annual survey. This confirms a surge in 1993 spending predicted last year. The electric utility industry expects to spend $119.7 billion during the four years 1993-1996, slightly more than the $118.8 billion projected last year for that same period. This year's projections show a peak in 1994, nearly equal spending in 1995, a dip in 1996 and an increase in 1997. Last year, utilities also predicted a 1994 peak, but showed a larger dip in 1995 and an increase in 1996. Changes in utility estimates may be attributed to slightly more certain plans on how to meet Clean Air Act Amendment deadlines in 1995 and 2000, and to more certain responses to power demand and supply projections. Five-year projected spending, 1994-1998, is $135.4 billion, with average annual spending of $27.1 billion.

• OSTI ID: 5166618
• Journal Information: Electric Light and Power (Boston); (United States), Journal Name: Electric Light and Power (Boston); (United States) Vol. 73:1; ISSN ELLPAJ; ISSN 0013-4120
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
CLEAN AIR ACTS
ELECTRIC UTILITIES
ENERGY CONSERVATION
EXPENDITURES
FORECASTING
LAWS
POLLUTION LAWS
POWER DISTRIBUTION SYSTEMS
POWER GENERATION
PUBLIC UTILITIES