Uncertainty hampers forward planning

A lack of long-term investment by utilities is leading towards a dearth of much-needed additional capacity, experts warn.

In its 2006 long-term reliability assessment, the North American Electric Reliability Council (Nerc) warned that electric capacity margins will decline in the next decade due in part to utilities being unwilling to execute long-term resource acquisition strategies.

"No-one is announcing much in terms of long-term capacity additions and they're waiting until the last possible

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