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Monday, October 24, 2011

S&P: Shedding Light On The Global Power Industry

Shedding Light On The Global Power Industry (00:09:51 min)

Low natural gas prices and weak power demand have driven down electricity prices, stressing ratings on generators at a time when environmental compliance costs continue to rise. Utilities in rate-regulated markets to a large extent have maintained credit quality as regulators have generally allowed cost pass-through for everything from smokestack scrubbers to nuclear plant upgrades. In this CreditMatters TV segment, Lead Analytical Managers Steve Dreyer (Utilities & Infrastructure, U.S.), Peter Tuving (Utilities & Infrastructure, Europe/Middle East/Africa), and Andrew Palmer (Utilities & Infrastructure, Asia-Pacific) examine the trends shaping the global power industry. Topics include the impact of Europe’s struggling economies on utility ratings and how the Fukushima earthquake and Tokyo Electric Power have affected Asia-Pacific's utility sector.


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