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Resource ID: #20384
Subject: Utilities
Source: Wall Street Journal (New York)
Affiliation: 
Date: 2001-05-07

Description

According to the article, "Texas' wide-open spaces and relatively weak zoning and environmental rules have helped make the Lone Star state a magnet for power-generation companies as it prepares to deregulate its electricity market next year. The result: Texas' electricity-production capacity this summer is expected to exceed its peak power demand by 11,000 megawatts--nearly enough to light up New York City."

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