Trends In Power Usage
An initial public offering document that was filed with the Securities and Exchange Commission (SEC) by Chatsworth, Calif.
Staff
An initial public offering document that was filed with the Securities and Exchange Commission (SEC) by Chatsworth, Calif.-based Capstone Turbine on November 6 states:
"With the trends of continuing deregulation in the electric utility industry and increased reliance on sensitive digital electronics in day-to-day life, industrialized societies are increasingly demanding high-quality, high-reliability power."
The document explains that end-users now have a greater freedom of choice and are investigating alternative-power sources to protect their business operations and equipment from costly interruptions. The potentially disastrous consequences of even momentary system failure has led to a rapidly growing market sector for on-site backup, stand-by and peak-shaving power equipment. Customers with particularly low tolerances for power service interruptions represent a significant and growing potential market.
From Pure Power, Spring 2001