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NOT LIVE
BLOGSep 20, 2013
IHS Forum: The 'Missing Money' Problem - Video
Lawrence J. Makovich, Ph.D.
Vice President and Senior Energy Advisor, IHS Markit
After two decades of experience with power industry deregulation in the United States, the accumulating empirical evidence is clear: market-clearing prices for electric energy are typically too low to recover the total costs of power production. This chronic "missing money" problem in power generation cash flows influences investor expectations and leads to under-investment in power supply. In this video, Lawrence Makovich, Chief Power Strategist for IHS, discusses the root issues of the problem as well as key workable solutions.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.