United States Power Report Q1 2013 - New Market Report
BMI View: The massive power outage caused by Hurricane Sandy in the Northeast brought the country's electricity sector in the limelight this quarter, leaving 8.2mn customers without power and exposing utilities to very large restoration costs. This exceptional event aside, we note that several trends previously identified by BMI continued to play out with. Most notably, almost all regions of the country experienced an increase in natural gas-fired generation when compared with 2011. In the non-hydro renewables segment, uncertainty remains...
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