Long-term electric utility capacity and demand projections

Journal Article · Thu Nov 14 04:00:00 EST 1985 · Public Util. Fortn.; (United States)

OSTI ID:6312456

Studness, C M

The North American Electric Reliability Council aggregates projections made by utility managements to issue annual 10-year forecasts of the nation's generating capacity and demand. The current forecast projects a 2.4% growth in sales by 1994 and a rise in peak demand of 2.2% per year. These figures are modest reductions from the previous forecast. Utilities are planning to increase their capacity by 1.5%. The forecasts indicate an unusually favorable setting, which can be demonstrated with a financial model, but the author finds the outlook vulnerable to even modest changes in demand growth because of a 5% inflation rate and rate increase averaging 3.3%, a combination that would reduce electric rates 1.7% per year in real terms after 1987.

• OSTI ID: 6312456
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 116:10; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ECONOMIC ANALYSIS
ECONOMICS
ELECTRIC RELIABILITY COUNCILS
ELECTRIC UTILITIES
FINANCING
FORECASTING
INFLATION
POWER DEMAND
PUBLIC UTILITIES
RATE STRUCTURE
SALES