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Reply #61: FERC sees higher summer power prices [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-05 01:02 PM
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61. FERC sees higher summer power prices
http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38476.573279375-835031433&siteID=mktw&scid=0&doctype=806&

WASHINGTON (MarketWatch) -- The Federal Energy Regulatory Commission said Wednesday that most of the United States will have adequate electricity supplies this summer, but that parts of Connecticut continue to struggle with tight supplies. The commission, in its annual summer assessment, warned that the outlook for hydroelectric supplies in the western states was "not good" due to lingering drought in the Northwest, and that rising fossil fuel prices would likely drive up the cost of electricity bills nationwide.
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