PUCs are concerned that a rapid shutdown of coal-fired plants will start a full-tilt dash to gas—similar to the one that caused bankruptcies among independent power producers in the late 1990s and...
Will Calpine's "Plan B" Restructuring Work?
The resource overbuild in the West complicates the company’s efforts.
Alberta and 1,500-MW Mohave Station assumed to be on cold standby, but not counted toward WECC reserve margin. Also, Global Energy refined the dependable capacity ratings of various units in the WECC, which resulted in lower total capacity relative to the fall 2005 forecast.