Why is Turnback an Issue?
The stakes are high. Billions of dollars may be at stake. Who pays? Rate design?
The capacity market is not tight.
- Planned projects are expected to keep pace with market growth of 9% by 2000.
- Released capacity is available even during peak periods.
Pressure from retail unbundling will exacerbate turnback.
Shippers will have significant opportunities to turnback capacity over the next few years!