Soaring Power Prices Not Enough to Spur Investment in New Plants, Experts Say

Soaring power prices not enough to spur investment in new plants, experts say

Energy experts warned at a Tuesday conference that surging electricity prices could encourage upgrades to existing facilities but are still to low for new projects. (Photo courtesy U.S. Department of EnergySoaring electricity prices that have boosted residents’ utility bills likely won’t be enough to incentivize the development of new power generation that could ease the crunch, a panel of industry experts said Tuesday at a conference hosted by …

Soaring power prices not enough to spur investment in new plants, experts say - Finnoexpert

Energy experts warned at a Tuesday conference that surging electricity prices could encourage upgrades to existing facilities but are still to low for new projects. (Photo courtesy U.S. Department of Energy Soaring electricity prices that have boosted residents’ utility bills likely won’t be enough to incentivize the development of new power generation that could ease the crunch, a panel of industry experts said Tuesday at a conference hosted by…