Electric power generation (domestic)

 

  • Demand for new baseload electric power generation stations will be low.
  • Sufficient natural gas will be available to meet limited needs for new capacity.
  • Natural gas prices may rise but not enough to justify investment in new coal plants.
  • Growing concerns about future natural gas supply and price, and about future environmental restrictions, stimulate planning for cleaner, more efficient, coal-based technologies.
  • Growing trend toward smaller, more decentralized power generation systems in response to utility deregulation and increased competition; emphasis on reliable, low-risk technologies.

 

  • Substantial need exists for new generating capacity.
  • Concerns about future natural gas supply and price result in new demand for coal-based capacity.
  • Economic incentives for efficiency improvements increase.
  • Continued trend toward decentralization and risk aversion for new power generation technologies.

 

  • Due to higher prices for natural gas, advanced coal-based technologies used increasingly.
  • Power generation using natural gas and 1970s and 1980s nuclear technologies decreases.
  • Renewables a significant but not predominant source of electric power.
  • Construction of advanced nuclear power plants begins during this period, providing new competition for coal-based systems.


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