Record Setting Power Generation

U.S. power generators set a new record, producing 90,640 gigawatt-hours (GWh) during the week ending August 3, 2002, according to the Edison Electric Institute (EEI). This record, driven by extreme temperatures and humidity over the eastern United States, surpassed the previous record of 88,120 GWh set during the week ending August 11, 2001.

12/01/2002


U.S. power generators set a new record, producing 90,640 gigawatt-hours (GWh) during the week ending August 3, 2002, according to the Edison Electric Institute (EEI). This record, driven by extreme temperatures and humidity over the eastern United States, surpassed the previous record of 88,120 GWh set during the week ending August 11, 2001.

Wholesale electricity prices rose along with this year's record-setting production, with prices for 1 megawatt-hour reaching its $1,000 price cap in New York.

EEI officials claim that growing demand is not being sufficiently matched with additional capacity. According to EEI figures, U.S. electric demand rose 9.5% between 1995 and 1999, while generating capacity increased only 1.6%.

From Pure Power, Winter 2002





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