EU STEPS FORWARD TO HELP ELECTRICITY SECTOR THROUGH RECESSION
March 1st, 2009
BY KEITH NUTHALL
EVERY recession has a silver lining: inefficient competitors are unmasked and forced out of business; and governments usually spend freely to pump prime an ailing economy. And for major essential industries such as the power sector, economic slumps can be good times. After all, communities and businesses will still need electricity and the development of power generating capacity and transmission can be just the kind of infrastructure project that governments decide to fund to help kickstart a recovery.
In Europe, there is almost an ...
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