Should utlities add more capacity or encourage customers to reduce demand?
In January 2001, California businesses experienced rolling blackouts as part of its "most severe power shortage ever." Searching for interim supply solutions, the California Energy Commission has announced it would even consider restarting long-retired generating capacity, such as a 40-year-old 450-megawatt plant, last used in 1995. In California and other states, extreme price volatility and pockets of shortages in regional wholesale electricity markets have led many to focus on generation capa
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