Grid issues, SMD dominate West Coast Power Conference

From: Power | Date: January 1, 2003 | Copyright information

October's West Coast Power Conference in San Francisco, Calif., focused on grid problems in the western U.S. and the hope that "standard market design" will reduce the uncertainty in today's roller-coaster power market. "Risk is currently very high, which means people are less anxious to invest in transmission," said Kyle Rudden of energy consulting firm RJ Rudden.

With some utilities already operating under Chapter 11, and the final face of regional deregulation initiatives undetermined, lenders are reluctant to provide funding for new projects. "The market won't transact with uncreditworthy ...

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