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A number of power companies, increasing generating capacity at capital costs three to five times higher than those for facilities brought on in the 1970s, are nervous about whether the high fixed-cost charges for these new facilities will allow them to be price competitive with other electric energy suppliers.
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Roger Conrad Roger Conrad, editor of Roger Conrad's Utility Forecaster, says utilities are caught in a "perfect storm" with a weak economy, increased generating capacity and credit concerns battering the sector.
The Indian government's economic development program is predicated on increasing electricity generating capacity.
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The Chinese government plans to increase nuclear generating capacity to 40 GWe by 2020, while the installed capacity is 8.6 GWe in 2007.
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TVA just received approval from the Nuclear Regulatory Commission to significantly increase the generating capacity of the three nuclear reactors at Browns Ferry, located in Athens, Alabama.
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