TITLE

What's the damage?

AUTHOR(S)
Hawkins, Nigel
PUB. DATE
January 2010
SOURCE
Utility Week;1/15/2010, Vol. 32 Issue 1, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article explores the damage incurred by utilities worldwide due to the economic recession. It mentions that declining sales prices has been a problem to several utilities, including Drax Power of Great Britain, Eon of Germany and Enel of Italy. It cites that the recession also dimmed prospects for renewable generators. According to the author, while evidence of damage from the gas sector is less visible, the exposure of water utilities to the recession is mixed. He says that deflation is negative, but a bout of inflation is a welcomed by the sector.
ACCESSION #
51472819

 

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