T&D Grid

The U.S. capacity margin growth of 2002 should have eased upward pressures on electricity prices. However, electricity prices surged in many areas, such as New England, where surplus electricity capacity has developed. This suggests that the standard definition of capacity margin may not be appropriate in the context of current market realities.

Implementing a strategy on climate change is a new sign of corporate responsibility, and utilities are responding in a variety of ways.