IEA Warns of Coming Power Failures
May 07 - United Press International
The Paris-based International Energy Agency has said Europe and North America could face power blackouts this summer.
London, New York and several cities across southern Europe have experienced
large-scale power failures during the past three summers because growing numbers
of air-conditioners have driven demand to peak levels.
Fatih Birol, IEA chief economist, said electricity generation capacity in the
European Union's 25 member states increased by only 1 percent last year -- less
than half the 2.3 percent increase in electricity demand.
Birol said the trend in the European power sector was mirrored by trends in
North America and much of the developing world.