Results for tag: "Power Supply Industry"

The power supply industry is a sector of the electricity industry that is responsible for the generation, transmission, and distribution of electricity. It is composed of a variety of companies, including power plants, transmission and distribution utilities, and energy retailers. Power plants generate electricity from a variety of sources, such as coal, natural gas, nuclear, and renewable energy sources. Transmission and distribution utilities are responsible for transporting electricity from power plants to customers. Energy retailers are responsible for selling electricity to customers. The power supply industry is a major contributor to the global economy, providing essential services to businesses and households. It is also a major employer, with millions of people employed in the sector. The industry is constantly evolving, with new technologies and regulations being introduced to improve efficiency and reduce emissions. Some of the major companies in the power supply industry include Duke Energy, Exelon, Southern Company, American Electric Power, and NextEra Energy. Show Less Read more