Abstract
Introduction
Only a few years ago, many industry observers, including the U.S. government' s
own forecasters, assumed there would be an excessive supply of electricity.
However, the current situation now assumes the possibility of future demand
increases while a power crisis approaches.
American electricity demand is at an already high level, and although an
economic slowdown or recession would cut the demand forecast, it is predicted
that demand overall will continue to increase in the next 5 years and beyond.
Generation of 350,000 megawatts (MW) of new electricity is necessary to
satisfy electricity demand in the U.S.A. in 2030, according to forecasts and
predictions of the government.
Along the way, a generation increase of 80,000 MW to 90,000 MW will be
necessary from 2006 to 2012.
The industry is in agreement that new power stations are needed in the U.S.A.
The country must increase investment in transmission systems, while securing
new baseload electricity capacity, to meet demand.
However, there is little build-out of new transmission systems, and the
American power supply reserve is falling in those areas of the country where
electricity regulation is relaxed.
Several factors, including the high capital cost of constructing a new
baseload power station, the cost of complying with CO2 regulation, and an
opaque feeling about fuel prices, have become disincentives for building new
capacity.
The Bush administration encourages investment in all renewable energy,
including nuclear power generation, in order to reduce U.S. dependence on
imports of crude oil. The administration provides incentives on the taxation
side for that purpose.
In addition, rising concerns about a global environment problem and climate
change are pushing renewable energy to the forefront as the most important
problem for the electric power industry, and politicians, to address.
This research report looks at the changes in the economic structure of the
U.S. electric power industry and the situation of power generation
/transmission /supply, using a high estimate that the electricity industry
will need to generate 1,420,000 MW of electricity in 2030, up from 1,070,000
MW of generation in 2006. The report also covers electricity marketing, growth
predictions for the electricity market, growth predictions for the renewable
energy market, and the outlook for U.S. energy strategy from the perspective
of potential future laws and regulations.
Table of Contents
- Current Situation Assessment
- 2006~2012 and Beyond Outlook
- Sources Used for This Report
- 1. Overview of Current Regulation & Deregulation and Future Regulation
that Will Have Great Impact on Industry
- 2. Structure and Overview
- 2.1 Overview of the Power Industry in the U.S.
- 2.2 Main Segments of the U.S. Power Industry
- 2.3 Structure of the U.S. Power Industry
- Hierarchy of Industry Participants and Their Roles
- 3.Power Production
- Table 3-1 Electric Power Producers by Sector, 2005 (most recent data
available)
- Chart 3-1 Electric Power Producers by Sector 2006
- Table 3-2 Ownership of Power Production Facilities According to NERC
Regions 2006
- 4.Power Production by Fuel Source
- Table 4-1 Source of Energy Used in Production of Electricity, 2006
- Chart 4-1 Source of Energy Used in Production of Electricity, 2006
- Advantages/Disadvantages of Various Fuel Sources
- 5.Transmission
- 5.1 Management and Regulation of the Power
- 6.Power Distribution
- 7.Types of Utilities by Function
- 7.1 Generate, Transmit and Distribute
- 7.2 Generate and Transmit Only
- 7.3 Transmit and Distribute Only
- 7.4 Generate Only
- 7.5 Distribute Only
- 8. Effect of Deregulation on Consumers
- 9. Growth of Power Marketing
- Table 9-1 Companies Licensed to Market Power in the Open Markets
- Table 9-2 Projected Growth of Power Marketers, 2006-2012 Beyond
- Chart 9-1 Projected Growth of Power Marketers, 2006-2012 Beyond
- Chart 9-2 Projected Growth of Megawatt Hours of Power Sold by Power
Marketers, 2006-2012 Beyond
- 9.1 Power Marketing Structure
- Table 9-3 Megawatts of Power Sold in 2006 in the Open Market by
Utility Parent Company
- 9.2 Select Energy Companies and Their Activities
- 10.Growth Projections, 2006-2012 Beyond
- 10.1 Opportunities in Independent Power Generation, 2006-2012 Beyond
- Table 10-1 Projected Growth of Electricity Demand
- Table 10-2 Projected Growth of Electricity Produced by Utilities
- Table 10-3 Projected Growth of Electricity Produced by Non-Utilities
- Table 10-4 Projected Growth of Electricity Produced by Utilities and
Non-Utilities
- Table 10-5 Projected Growth of Electricity Produced by Co-Generators
- Table 10-6 Projected Growth of Electricity Produced by Small Power
Producers
- Table 10-7 Projected Growth of Electricity Produced by Merchant
Generators/Independent Power Producers
- Table 10-8 Projected Growth of Electricity Produced by Shareholder -
Owned Utilities
- Table 10-9 Projected Growth of Electricity Produced by Cooperatives
- 10.2 Growth Projections by Type of Process, 2006-2012 Beyond
- Table 10-10 Projected Growth of Internal Combustion Based Power
Production in the Facilities Owned by Non-Utilities
- Table 10-11 Projected Growth of Internal Combustion Based Power
Production in the Facilities Owned by Non-Utilities
- Table 10-12 Projected Growth of Internal Combustion Based Power
Production in the Facilities Owned by IPP/Merchant Producers
- Table 10-13 Projected Growth of Internal Combustion Based Power
Production in the Facilities Owned by IPP/Merchant Producers
- Table 10-14 Projected Growth of Combined Cycle Based Power Production
in the Facilities Owned by Non-Utilities
- Table 10-15 Projected Growth of Combined Cycle Based Power Production
in the Facilities Owned by Non-Utilities
- Table 10-16 Projected Growth of Combined Cycle Power Production in the
Facilities Owned by IPP/Merchant Producers
- Table 10-17 Projected Growth of Combined Cycle Power Production in the
Facilities Owned by IPP/Merchant Producers
- Table 10-18 Projected Growth of Steam Based Power Production in the
Facilities Owned by Non-Utilities
- Table 10-19 Projected Growth of Steam Based Power Production in the
Facilities Owned by Non-Utilities
- Table 10-20 Projected Growth of Steam Based Power Production in the
Facilities Owned by IPP/Merchant Producers
- Table 10-21 Projected Growth of Steam Based Power Production in the
Facilities Owned by IPP/Merchant Producers
- Table 10-22 Projected Growth of Gas Turbine Based Power Production in
the Facilities Owned by Non-Utilities
- Table 10-23 Projected Growth of Gas Turbine Based Power Production in
the Facilities Owned by Non-Utilities
- Table 10-24 Projected Growth of Gas Turbine Based Power Production in
the Facilities Owned by IPP/Merchant Producers
- Table 10-25 Projected Growth of Gas Turbine Based Power Production in
the Facilities Owned by IPP/Merchant Producers
- 11.Growth Projections for Independent Power Production by Fuel Source
- 11.1 Issues Related to Power Source, 2006-2012 Beyond
- Table 11-1 Projected Growth of Number of Nuclear Power Plants
- Table 11-2 Projected Growth of Power Production by Nuclear Power Plants
- Table 11-3 Projected Growth of Number of Solar Power Plants
- Table 11-4 Projected Growth of Power Production of Solar Power Plants
- Table 11-5 Projected Growth of Number of Geo-Thermal Power Plants
- Table 11-6 Projected Growth of Power Production by Geo-Thermal Power
Plants
- Table 11-7 Projected Growth of Number of Wind-Power Plants
- Table 11-8 Projected Growth of Power Production by Wind-Power Power
Plants
- Table 11-9 Projected Growth of Number of Bio-Mass Power Plants
- Table 11-10 Projected Growth of Power Production by Bio-Mass Power
Plants
- 12.Energy Strategy in the Future
- 12.1 Overall Strategy
- 12.2 IPP Strategy
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