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We were afraid because the electricity was down and we couldn't get any news.
Demand for electricity was down 1percentt last year and another 4percentt in the first half of 2009; ordinarily, electric use would be expected to grow 5percentt in three to four years.
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"So the fact that electricity is down is not really that important," he said.
In addition to low prices for natural gas, the demand for electricity is down, and the March 11 earthquake and tsunami that damaged the Fukushima Daiichi nuclear power plant could bring new rules.
So far eight people in St Vincent and five in St Lucia have died, water and electricity are down and thousands of properties have been damaged.
Wholesale gas prices are down 51% since the last price rises, but domestic gas prices have only come down around 10% and wholesale electricity is down – yet these bills have not dropped at all".
Industrial electricity use was down 4.5percentt in August from August of last year, and steel production was down 5.4percentt.
That conclusion makes sense because, during the first quarter, electricity consumption was down, foreign direct investment was down, producer prices were lower and government revenue was off.
He said spare capacity to cope with a spike in electricity demand was down from 15% to 5%, which was historically very low.
The devastation was massive and all communication, electricity and water was down.
Electricity use in the mansion was down by about a third this year over the same period last year, when the residence was occupied by Vice President Al Gore.
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