Power Market Reserve Margins tighten
According to a report from Capgemini, European reserve margins were 1% lower in 2005 than in 2004, reflecting the difficulty to build new generation capacities.
Likewise, The North American Electric Reliability Council issued a report concluding that the adequacy of electric supply and transmission reliability in North American will decline over the next 10 years unless significant investments are undertaken. Please refert to the attached PDF document to view the full October report for the EIC Energy Utility Fund.