Development Strategies for Electric Utilities

Abstract

Electric utilities are of key importance for the national economy. Many research institutions deal with issues of the power sector to find an answer to the question, which of the developed strategies to ensure energy security of the country should be taken into account? Should the companies adopt the strategy of adaptation or perhaps the strategy of breakthrough? If they follow the adaptation course, should it be a passive or active adaptation, and under what circumstances? These questions are constantly analysed by the author, and the answers are to be used to develop recommendations needed to build a secure power market. The article discusses the structure of the market and two basic models – traditional and competitive.