The year ahead

Journal Article · Sat Jan 01 04:00:00 EST 1994 · Independent Energy; (United States)

OSTI ID:5192910

Anderson, J; Marier, D

Projections by industry leaders of the year ahead show continued strong growth for the independent power industry in Latin America and Asia while the slow pace continues in Europe and North America. A new regulatory pact may emerge in the United States. In the year ahead, industrial leaders in developed countries can be expected to increase pressure for more economic energy rates in order to remain competitive in a global market. This in turn will pressure national utilities to become more competitive also or to privatize. In the United States, a new regulatory pact emerging this year will open access to the grid, increase competition, and bring retail wheeling to the forefront. Most executives interviewed expressed cautious optimism at best about the coming year. While all acknowledge the vast need for power generating capacity throughout most of the world, the financial, legal, and fuel supply infrastructure necessary to successfully build projects will take several years to develop.

• OSTI ID: 5192910
• Journal Information: Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 24:1; ISSN 1043-7320; ISSN IDPEEW
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
ASIA
ELECTRIC POWER
ENERGY SOURCE DEVELOPMENT
EUROPE
FORECASTING
LATIN AMERICA
NORTH AMERICA
POWER