Technology Industry
Industry: Email Alert RSS FeedEnergy industry struggles with changing technology. (includes related article)
R & D, November, 1995 by Chase, Victor
Electric utilities are facing stiff competition from other energy producers in the wake of the energy industry's deregulation. To be more competitive, utilities are pooling their resources in organizations such as the Gas Research Institute and Electric Power Research Institute.
The energy industry is going through a slow but steady revolution fueled by technological advances - in information systems, superconductivity, and fuel cells - and mounting economic forces.
The energy industry is changing:
* Traditional competition among natural gas, oil, coal, and electricity providers is giving way to a fusing of the different prongs of the industry.
* Deregulation is giving rise to independent power producers, or IPPs - small companies and end users...
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