My Energy Sector


The organization of the electrical sector of a country or region varies depending on the economic system of the country. In some places, all electric power generation, transmission and distribution is provided by a government controlled organization. Other regions have private or investor-owned utility companies, city or municipally owned companies, cooperative companies owned by their own customers, or combinations. Generation, transmission and distribution may be offered by a single company, or different organizations may provide each of these portions of the system

India's power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste

The electric power industry is commonly split up into four processes. These are electricity generation such as a power station, electric power transmission, electricity distribution and electricity retailing. In many countries, electric power companies own the whole infrastructure from generating stations to transmission and distribution infrastructure. For this reason, electric power is viewed as a natural monopoly. The industry is generally heavily regulated, often with price controls and is frequently government-owned and operated. However, the modern trend has been growing deregulation in at least the latter two processes.


 The nature and state of market reform of the electricity market often determines whether electric companies are able to be involved in just some of these processes without having to own the entire infrastructure, or citizens choose which components of infrastructure to patronise. In countries where electricity provision is deregulated, end-users of electricity may opt for more costly green electricity.


 The electric power industry is the generation, transmission, distribution and sale of electric power to the general public. The electrical industry started with introduction of electric lighting in 1882. Throughout the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. Once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become a requirement for normal operation of all elements of developed economies.


 By the middle of the 20th century, electric power was seen as a "natural monopoly", only efficient if a restricted number of organizations participated in the market; in some areas, vertically-integrated companies provides all stages from generation to retail, and only governmental supervision regulated the rate of return and cost structure.

Since the 1990s, many regions have opened up the generation and distribution of electric power to provide a more competitive electricity market. While such markets can be abusively manipulated with consequent adverse price and reliability impact to consumers, generally competitive production of electrical energy leads to worthwhile improvements in efficiency. However, transmission and distribution are harder problems since returns on investment are not as easy to find


The energy sector is a category of stocks that relate to producing or supplying energy. This sector includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, or integrated power firms

The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution


Comments

Post a Comment

Mock drill

My Emergency Evacuation plan

Emergency evacuation is the urgent immediate egress or escape of people away from an area that contains an imminent threat, an on-going threat or a hazard to lives or property. Examples range from the small scale evacuation of a building due to a storm or fire to the large scale evacuation of a city because of a flood, bombardment or approaching weather system . In situations involving hazardous materials or possible contamination , evacuees may be decontaminated prior to being transported out of the contaminated area Emergency evacuation plans are developed to ensure the safest and most efficient evacuation time of all expected residents of a structure, city, or region. A benchmark "evacuation time" for different hazards and conditions is established. These benchmarks can be established through using best practices, regulations, or using simulations , such as modeling the flow of people in a building, to determine the benchmark. Proper planning will use multip
Read more

My Travel and Early time

Travel is the movement of people between relatively distant geographical locations , and can involve travel by foot , bicycle , automobile , train , boat , bus , airplane , or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements A travel documentary is a documentary film , television program , or online series that describes travel in general or tourist attractions without recommending particular package deals or tour operators. A travelogue film is an early type of travel documentary, serving as an exploratory ethnographic film . The genre has been represented by television shows such as Across the Seven Seas , which showcased travelogues produced by third parties, and by occasional itinerant presentations of travelogues in theaters and other venues A horse and buggy (in American English ) or horse and carriage (in British English and American English ) refers to a
Read more