Segments

Fossil Fuels

This segment is composed of establishments that operate fossil fuel powered electric power generation facilities.

Nuclear Power

Companies in this segment operate generation plants to provide electricity to transmission and distribution systems.

Renewable Energy

There are various types of renewable energy in this particular segment. These include wind, solar, geothermal, hydroelectricity, and biomass.

The Energy industry is Concentrated. The production in this industry is dominated by a many large firms that are capable of shaping the industry’s direction and price levels.


Primary Demand Drivers

  • Commercial, government, and residential needs for electrical power (which mainly depend on economic activity and population growth)

Profitability Drivers

  • Government regulations
  • Fuel costs

From the Blog Blog RSS

As the world pivots away from fossil fuels and towards a sustainable future, one intriguing option is geothermal energy. By using fracking techniques developed by the oil and gas companies, companies are able to harvest heat from the Earth to power generators connected to the power grid. Geothermal energy is a nearly unlimited power source; according to scientists at Fervo Energy, there is enough geothermal energy in the United States alone to power the country several times over.

Climate change, the idea that human behavior has long-term effects on the environment or weather, has become a global concern over the past few decades. Temperatures across the world have steadily increased over the past 100 years.

Sources

  1. SelectUSA (Date Accessed: 6/1/2017)