As the world economy improves, the growth is fuelling an unprecedented demand for energy. The demand, in turn, will place pressure on traditional producers who are witnessing a decline in their ability to deliver cheap, safe and reliable energy. Oil & gas production is already moving to unpredictable geographies. Newer sources of energy are being added to the mix.
Technological changes like Smart Grids have arrived. Power generation is being impacted by EHS regulations, the need for supply security, rising fuel costs and trading integration. Amidst this, consumer expectations are evolving. Energy generation is in a state of extreme change.