Planning for electricity to avoid a shock

Abstract

Two findings of a recent study help clarify the challenge the electric industry is facing. First, our economic growth over the next twenty‐five years is likely to be constrained more by shortages of capital than by shortages of energy and raw materials. Second, electrical energy consumption will increase at an average rate of 5 percent to 6 percent per year ‐ even under policies assumed for a moderate growth scenario. Electric energy will grow as a result of the shift from oil and gas to coal and nuclear fuels.

Citation

Swanson, D.H. (1976), "Planning for electricity to avoid a shock", Planning Review, Vol. 4 No. 6, pp. 6-27. https://doi.org/10.1108/eb053777