The first POWER-GEN International was held in Orlando in 1988 and this year the event marks its 20th anniversary. Those 20 years have seen the euphoria and caution of deregulation; the bursting of the combined cycle bubble then its re-emergence; a flurry of new coal plant construction; the promise of a nuclear renaissance; escalating construction costs and fuel prices; the entry of renewables into the mainstream; and what may turn out to be the worst economic downturn in at least 35 years. Because it's always interesting to compare how things were with how they are now, let's look at changes for a few basic power industry costs since 1988.
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