SPOW,
The Energy Information Administration reports that the growth of electric generating capacity is expected to decline after 2012. A construction boom in the early 2000s saw capacity additions averaging 35 gigawatts a year, much higher than had been seen before. More recently, average annual builds have dropped to around 16 gigawatts per year, creating a significant shortfall looking forward. Sky Power Solutions is geared to respond to this need with the development and potential sale of a Residential Stand-Alone, Solar concentrating, electric generation system.
Annual builds of new power plants are anticipated to drop significantly after 2012 and remain below 7 gigawatts per year until 2025 as reported by the Energy Information Administration. Growth of consumption is anticipated to far exceed the growth of capacity, resulting in the need to anticipate this need and to accommodate the demand.
