Moody’s: Calif. muni electric utilities should weather the summer

“The supply/demand imbalance could worsen if hydro conditions [in the Northwest] do not improve, conservation fails to take hold, and power-plant availability remains a problem,” says analyst Dan Aschenbach, the report’s author.

Feb. 1, 2001–Compared to the 1.5% reserve margin that has kept California on the edge of rolling blackouts for 17 straight days, Texas will have a 23% cushion over peak demand this summer, state regulators said Thursday.

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