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So far, growth has come from bringing idle capacity back into use.
But consolidation has helped put capacity back in line with sales.
But for legal and political reasons it is hard for them to cut capacity back home.
The goal of this essay is to bring somewhat prosaic considerations of law and institutional capacity back into the conversation.
It would take even more time -- as well as a great deal of investment and lot of technology -- to get capacity back to where it was in 1979.
That is the thinking behind the demand-response industry, which pays consumers to curb their electricity use, and then sells the resulting spare capacity back to the grid.
Similar(43)
In the absence of sufficient storage capacity, back-up power plants, possibly fossil-fuel fired, might limit net GHG emission avoidance.
Would austerity have been more sensible than an effort to use the government's fiscal capacity (backed, as it is, by a printing press) to help the private sector and domestic banks to deleverage as rapidly as possible?
By world government, Falk means a form of global political organization that has, at minimum, the following features: "compulsory peaceful settlement of all disputes by third-party decision in accordance with law; general and complete disarmament at the state and regional levels; a global legislative capacity backed up by enforcement capabilities; and some form of centralized leadership" (7).
"Freight rates are dropping and capacity is back," he said.
Mail delivery was still unreliable, air service remained thin, and only a small fraction of the previous hospital capacity was back.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com