CERA: 1996 To be watershed year for electric power industry
How broadly regulators define open access transmission tops the list of six crucial events that Cambridge Energy Research Associates says will converge in 1996 and create a [open quotes]watershed[close quotes] period that will determine the electric power industry's direction for the next century. Those events likely will involve state regulators and lawmakers, and will be driven by a combination of lower fuel costs and surprising technological advances that make gas turbines more efficient, environmental imperatives and the growing support for competition over regulation. And while some see conventional utilities inevitably weakened because of these changes, it is possible they might emerge stronger. Besides open access transmission, the other events are: A second generation of independent power producers; A transformation of demand side management programs; Air pollution restrictions; Premature closure of nuclear plants; and Management of risks in long-term natural gas contracting.
- OSTI ID:
- 6926456
- Journal Information:
- Energy Daily; (United States), Vol. 22:83; ISSN 0364-5274
- Country of Publication:
- United States
- Language:
- English
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