Low carbon prices might not produce sufficient incentives for firms to innovate and reduce emissions in the long run. But relatively high carbon prices can be politically unacceptable and invite...
An advance peek at the Edison Electric Institute's 1995 Statistical Yearbook of the Electric Utility Industry reveals a general trend toward increase over last year's figures (see Table 1).
s Installed capacity totaled 749,723 megawatts (Mw), up 0.5 percent. Investor-owned utility (IOU) capacity alone rose 0.4 percent. And the South Atlantic division showed the largest increase: 1.6 percent.
s Generation totaled 2,994,529 gigawatt-hours (Gwh), up 2.9 percent. IOUs contributed 2,340,482 Gwh to this total, increasing its output 1.4 percent. While hydro generation increased 20.5 percent, generation from fuel oil dropped off a whopping 33.2 percent.
Hydro's share of generation also rose, by 1.4 percent. Coal's share of generation dipped slightly, however, by a meager 1 percent. (See Table 2 for numbers.)
s Sales to ultimate customers totaled 3,001,961 Gwh, up 2.5 percent. IOU sales rose
a close 2.4 percent, to 2,285,855 Gwh.
s Customers increased by a total 1.3 percent for the industry, and 1.2 percent for IOUs.
s Revenues from sales to ultimate customers totaled $207 billion, up 2.2 percent. The IOU share increased by 2.3 percent.
On the financial front, total IOU assets increased 2.2 percent, while IOU operating revenues increased 2.1 percent. Operating expenses for the industry as a whole increased 1.6 percent. t
Statistics courtesy of the Edison Electric Institute. Full copies of EEI's 1995 Statistical Yearbook may be obtained by calling 1-800-EEI-5453.
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