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Article: Generating rapidly growing profits; Electric power failures and brownouts because of the nation's inadequate power grid have sparked demand for a Chanhassen company that supplies and services stand-by electrical generating systems for the commercial and industrial markets.(BUSINESS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- November 19, 2000
- Author:
CopyrightCOPYRIGHT 2000 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Never mind the impending shortfall in electrical generation capacity that everybody's talking about. Even if there were ample supplies, an aging and increasingly unreliable distribution system in many parts of the country limits the ability to move power where it's needed most.
You don't have to take my word for it. That was precisely the message Energy Secretary Bill Richardson delivered early this summer in comments to the Wall Street Journal.
"America is a superpower," Richardson said in warning about the potential for an increasing number of outages and brownouts. "But it's got the [power] grid of a Third World nation."
That might be bad ...