Canada Facing 2007 Power Supply Crunch – NEB

Canada’s National Energy Board warned that the country’s electricity system could be affected by tight supply within two years unless steps are taken soon.

In its Energy Market Assessment, released Thursday, the NEB said that although the supply of power in all regions should be adequate in 2005 and 2006, tight supply conditions could emerge as early as 2007.

“As demand continues to grow…generation and demand management measures may not be sufficient to ensure supply adequacy in some regions,” the NEB said in its report.

It said that in light of these concerns, plans to develop natural gas-fired generation in Canada are being reconsidered because of high natural gas prices and price volatility.
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