During the last decade, construction of new fossil power plants has come to a virtual halt in the United States. The main factors responsible for this situation are: (1) industry perception of the existence of sufficient reserve margins, (2) uncertianty in forecasting load growth, (3) cost of borrowing for new plant construction, (4) siting and licensing problems for new plants, and (5) the applicability of mor estringent environmental standards for new plants. Unfortunately by the year 2000, it is estimated that nearly 20
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