1. Supply industry to undergo radical shift in next century
- Author
-
Baum, Vladimir
- Subjects
Electric power production -- International aspects ,Electric utilities -- Forecasts and trends ,Business ,Business, international ,Economics ,Petroleum, energy and mining industries ,International Atomic Energy Agency -- Forecasts and trends - Abstract
The electric supply industry is expected to undergo structural changes by the 21st century. The industry will evolve from being a public utility tasked with providing reliable electric power to becoming a profit-oriented service establishment. International Atomic Energy Agency's survey showed a global decline in electricity production in 1993, which could be due to the decreased electricity use in Russia and Eastern Europe. Data on electric power production may be outdated, but supply and demand trends will likely show stability., Production and consumption trends appear stable, but the structure of the electricity supply industry is undergoing major changes. The size of the industry's capital requirements favours fewer but larger projects. [...]
- Published
- 1995