Unprecedented competition, fabulous technologies: A whole new ballgame for the energy industry
Technology developments on the horizon promise to transform the electricity industry far from its present shape and structure. But, just as technology has played a critical role in pushing the industry to its present thrust toward competition and vertical de-integration, a sensible technology policy can make a utility or power supplier a winner tomorrow. Change in the electric power industry today is being driven by two words: unprecedented competition. Anytime you see an increase in competition, you will also see an upswing in technology; they go hand in hand. What technololgy-related steps must electric utilities and power suppliers now take to maintain and expand their customer base? Over the next few years, various forms of heightened competition will completely transform the way utilities and generators think about and use technology. No longer will technology simply be the means of generating and delivering energy. Rather, it will become one of the most pivotal elements in satisfying customers and gaining a sustained competitive advantage.
- OSTI ID:
- 376995
- Journal Information:
- Electricity Journal, Vol. 8, Issue 10; Other Information: PBD: Dec 1995
- Country of Publication:
- United States
- Language:
- English
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