Right Power, Wrong Placel

Fortnightly Magazine - November 15 1998
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

Merchant plants should consider MAIN, other opening markets.

More than 47,000 megawatts of new capacity has been proposed in the United States within the next few years. A few thousand megawatts are proposed in Canada.

The totals are a fraction of the more than 180,000 MW of new capacity projected to be needed in the U.S. and Canada by 2010. Some 50,000 MW of new capacity is needed by 2002.

Recharge the Economy with Renewable Energy Tax Credits

But the problem with the proposed capacity is that its geographic distribution doesn't match forecast need. In the adjoining table of proposed and projected capacity additions, the proposed merchant plants are compared with RDI's projected cumulative capacity needs through 2002 and 2010. Almost half of the proposed capacity is in NPCC, while NPCC accounts for only 3,467 MW, or 7 percent, of the total need by 2002. The comparison is even more striking when only the NEPOOL subregion--home of most of the proposed capacity is NPCC--is considered. NEPOOL accounts for just 7,823 MW, or 4 percent of the total need by 2010.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.