Pilot projects are demonstrating the potential of smart metering and smart rates to make the most of supply and demand resources. But as empirical studies show, not all pricing designs are equally...
Squeezing Juice from Plants
recovery.'" He adds that there is still a large capacity overbuild in that market, but in the past ERCOT had a fast growth rate to absorb it. But while that growth rate was anemic in 2001, Henwood predicts it will return to its historic levels, which are high by North American standards-about 2.7 percent. So ERCOT will come back into balance in about five years, but there is an ugly period in the short-term that it has to go through, Hunt predicted -L.A.B.
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