Weathering the storm

Journal Article · Wed Mar 01 04:00:00 EST 1995 · Independent Energy

OSTI ID:83415

Burr, M T

The power markets of Canada, the United States and Mexico differ greatly in the extent of their electrification and their methods of regulation. Upon looking closer, however, the developer would be struck by remarkable similarities in the three countries` current market conditions. All three countries are undergoing fundamental structural changes in the way electric power investments ar planned, built, and operated. Energy users are demanding greater flexibility in choosing suppliers and services, and traditional utilities are resisting forces that threaten their market positions. Economic and regulatory uncertainties have delayed new power investments, and independent power developers are finding a high level of competition for available project opportunities. In Canada, slow economic growth has resulted in minimal demands for new power. Similarly, utilities in the US have adopted a wait and see posture as regulators and legislators work to restructure the country`s power industry. In Mexico, the devaluation of the peso in late December continues to have a chilling effect on development in the country. This article examines prospects for independent power in North American markets during this time of transition.

• OSTI ID: 83415
• Journal Information: Independent Energy, Journal Name: Independent Energy Journal Issue: 3 Vol. 25; ISSN 1043-7320; ISSN IDPEEW
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
CANADA
COMMERCIALIZATION
COMPETITION
DEVELOPERS
ECONOMIC DEVELOPMENT
ECONOMIC POLICY
ELECTRIC POWER
ELECTRIC POWER INDUSTRY
GROWTH
MARKETING
MEXICO
NORTH AMERICA
SUPPLY AND DEMAND
USA