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Enron Mail |
Title: Praying for Rain: Impending Power Crunch in Spain URL(s): http://www.cera.com/eprofile?u=35&;m=2936; *********************************************************************** IMPENDING POWER CRUNCH IN SPAIN The Spanish power market could be headed for a shortage in capacity for the next several years. The tight power balance is due to strong demand growth and modest increases in capacity. Direly needed new capacity has been delayed because of market imperfections: * Stranded costs mechanisms are distorting market pricing. * Gas market liberalization lags that of power market. * Gas is unavailable on commercially attractive terms. The key issue will be the hydro availability. Should rain be scarce, system reliability will be at risk at times of peak demand. E-mail Category: Private Report CERA Knowledge Area(s): European Power ***************************************************************************************** CERAWeek2002 - February 11-15, 2002 - 21st Annual Executive Conference and Related Events REGISTER ONLINE TODAY AT: http://www.cera.com/ceraweek ** Two- and Four-day Passes Available ** Special Enrollment Programs ** Partnership Opportunities ** CERAWeek Online Premium Access ***************************************************************************************** To make changes to your cera.com profile go to: http://www.cera.com/client/updateaccount Forgot your username and password? Go to: http://www.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.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates
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