Deck:
Business & Money: Merchant plants now draw investors from three different worlds — each with its own agenda.
Author Bio:
Ren Plastina is a Director in CIT Power, Energy & Infrastructure.
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It's tempting to chalk up the recent bubble in merchant generation to just another industry cycle, but there's more to consider. Investment in the industry was far from even, leaving some regions teeming with unused peaking plants while other regions continue to struggle with a need for capital investment. Technology also has evolved, opening up a new suite of potential options like demand-side management, more efficient transmission and distribution, and localized generation.
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