Developing human resources
Journal Article
·
· Independent Energy; (United States)
OSTI ID:5377091
Over the last eight years, the growth of the market for independent energy facilities in the United States has been spectacular. A combined capacity of about 29,300 MW, from over 2,500 independent energy facilities, has come on line since 1980 and the industry has experienced an annual growth of more than 15 percent per year. This trend is not limited to the United States, however, Governments around the world are recognizing the benefits of privately-owned independent energy plants. The interest is growing as the need for new capacity increases and as more projects are built and operated successfully using private capital. There are several reasons for the trends toward private power around the world. First, in developed countries, a growing need for new power capacity emerged after the 1983-1987 freeze when most utilities in developed countries reaped the benefits of increased energy conservation and halted any further construction. Now the demand is catching up and most large utilities are experiencing the same hesitations as their U.S. counterparts. Second, in less developed countries (LDCs), the increasing demand for new generating capacity stems from high annual growth rates in power demand -generally between four percent and seven percent per year. At the same time, these countries are expanding their power grid, which increases the opportunities for new plants in regions with limited service where delegation of power generation authority to third-parties can be more easily justified. Third, an increasing number of countries worldwide are eying industrial cogeneration and private power facilities favorably. Finally, lending institutions and donor agencies are becoming more interested in promoting cogeneration and private power, often as part of larger privatization schemes.
- OSTI ID:
- 5377091
- Journal Information:
- Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 20:2; ISSN XY987; ISSN 1043-7320
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
20 FOSSIL-FUELED POWER PLANTS
200600* -- Fossil-Fueled Power Plants-- Economic
Industrial
& Business Aspects-- (1990-)
COMPETITION
ELECTRIC POWER INDUSTRY
FINANCIAL INCENTIVES
FINANCIAL SECURITY
FLEXIBILITY
INDUSTRY
MANAGEMENT
MANPOWER
MECHANICAL PROPERTIES
OWNERSHIP
PERSONNEL
PERSONNEL MANAGEMENT
TENSILE PROPERTIES
200600* -- Fossil-Fueled Power Plants-- Economic
Industrial
& Business Aspects-- (1990-)
COMPETITION
ELECTRIC POWER INDUSTRY
FINANCIAL INCENTIVES
FINANCIAL SECURITY
FLEXIBILITY
INDUSTRY
MANAGEMENT
MANPOWER
MECHANICAL PROPERTIES
OWNERSHIP
PERSONNEL
PERSONNEL MANAGEMENT
TENSILE PROPERTIES