Council Quarterly 2004 Spr

Cover Council Quarterly 2004 Spr
Council Quarterly 2004 Spr
Northwest Power And Conservation Council (U.S.)
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"We have a potentially riskier future. Natural gas prices are more volatile than in the past, and it's now a major fuel source for electric- ity generation. The way the energy market operates, there are more risks, and we have to plan for those risks," says Watson.
"Insurance costs money, but it protects you from the unexpected catastrophe." |cq| A Power Plan That Meets All Our Needs Anticipating the future is never easy but there are methods that can help protect the region from unwanted shock
...s. Accord- ing to Watson, it makes sense to develop low-cost resources that will save money in the near-term and provide a hedge against risk in the long-term.
Drought, Low River Runoff Could Boost Power Prices, But Not to Levels Experienced in 2001 The spring of 2004 is shaping up as warm and dry, and while that is good news for outdoor recreation, it may prove to be bad news for Northwest electricity ratepayers. That's because below- average snowpack and river runoff could reduce the amount of hydropower that can be generated.


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