Planning new strategies

Journal Article · Wed Dec 01 04:00:00 EST 1993 · Independent Energy; (United States)

OSTI ID:5161916

During the past year, the independent energy industry has truly become a global business. Project development activity continues around the world as developers explore new markets. Executives in the power generation industry are focusing on new strategies for doing business in an increasingly competitive market. In the past several years, that market has expanded to cover the globe. Independent power generators are moving into markets where the need for local partners, government cooperation and new regulatory structures are inevitable and somewhat unfamiliar. As they do, they are learning the intricacies of doing business in new ways that a few years ago they may have only imagined. And they are finding challenges. The power generation industry is in the beginning stages of fundamental change. Industry players expect to see a restructuring in the next decade which has been compared to what the telephone and natural gas industries experienced in recent years. Economic growth is one of the most significant contributing factors to this change. During 1993, total, global financial activity exceeded $11 billion and an estimated 6,830 MW were expected to be brought on-line. At the same time, the amount of capacity estimated to be under development around the world rose to more than 300,000 MW.

• OSTI ID: 5161916
• Journal Information: Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 23:10; ISSN 1043-7320; ISSN IDPEEW
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
AGREEMENTS
DUAL-PURPOSE POWER PLANTS
ELECTRIC POWER INDUSTRY
ENERGY SOURCE DEVELOPMENT
HYDROELECTRIC POWER PLANTS
INDUSTRY
INTERNATIONAL AGREEMENTS
PHOTOVOLTAIC POWER PLANTS
POWER PLANTS
SOLAR POWER PLANTS
WIND POWER PLANTS