Subject: fw : western energy markets : new power plants soothe the market -
cera monthly briefing
- - - - - original message - - - - -
from : webmaster @ cera . com [ mailto : webmaster @ cera . com ]
sent : thursday , august 30 , 2001 3 : 17 pm
to : clients @ cera . com
subject : western energy markets : new power plants soothe the market -
cera monthly briefing
title : the supply response
url ( s ) :
http : / / www 20 . cera . com / eprofile ? u = 35
western energy markets : new power plants soothe the market
roughly 5 , 000 mw of new generating capacity in 2001 has helped dampen price
pressures and stem reliability concerns in california and the west . new plant
plus significantly reduced summer demand through conservation has put the
west ' s capacity margin at 15 percent , but regional balances vary widely . power
demand declines have also completely relieved the west coast gas supply
shortfall . despite low hydroelectric output , gas demand for power generation in
the west is actually down from last year .
* energy conservation in response to the retail price increase , cool weather ,
and the slowing economy is the strongest fundamental driver in california .
* new power supplies have arrived , but grid operators cannot count on full
nameplate capacity within the first few months of a new plant ' s start date .
* pacific northwest hydroelectric resources remain critically low despite low
demand , raising the specter of reliability problems this winter .
* * end * *
follow above url for complete monthly briefing ( 9 printed pages ) .
e - mail category : monthly briefing
cera knowledge area ( s ) : western energy
cera ' s autumn 2001 roundtable event dates and agendas
are now available at http : / / www 20 . cera . com / event
to make changes to your cera . com profile go to :
forgot your username and password ? go to :
http : / / www 20 . cera . com / client / forgot
this electronic message and attachments , if any , contain information
from cambridge energy research associates , inc . ( cera ) which is
confidential and may be privileged . unauthorized disclosure , copying ,
distribution or use of the contents of this message or any attachments ,
in whole or in part , is strictly prohibited .
terms of use : http : / / www 20 . cera . com / tos
questions / comments : webmaster @ cera . com
copyright 2001 . cambridge energy research associates