The Future of Fuel Diversity
The fragmented electric industry structure poses an obstacle to a more stable, diverse, and secure power supply.
Why Aren't Distressed Assets Selling
places extreme pressure on owners and lenders, but even insufficient equity returns cause equity value deterioration, contributing to financial distress over the longer term. This, in turn, lowers asset values, setting the stage for their acquisition or refinance at lower effective capital cost recovery levels.
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