UPDATE - New Rules, Demands Put Dangerous Strain On Electricity Supply

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Title: New Rules, Demands Put Dangerous Strain On Electricity Supply

Source: Wall Street Journal Abstracts Date: 05/11/2000 07:00

According to Energy Secretary Bill Richardson, "There will be outages and brownouts this summer. America is a superpower, but it's got the grid of a Third World nation." Two factors that may lead to shortages of electricity this summer are increased demand for electricity fueled by economic growth and deregulation which may cause difficulties in the distribution process.

The Department of Energy claims the U.S. has a daily generating capacity of 780,000 megawatts of electricity but will need a minimum of 700,000 megawatts this summer which does not leaves sufficient surplus. Some corporations may begin to build their own back-up electricity supply, as has Oracle Corp.

For additional information refer to The Wall Street Journal or go to http://www.wsj.com.



-- (Dee360Degree@aol.com), May 11, 2000

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