Sector survey: Electric utilities

Necessity is the mother of invention. Ben Franklin, out in the lightning storm with a key tied to his kite, would tell you so. Most IROs in the electric utility sector would agree. Once an industry of happily regulated monopolies, the electric business is now breaking apart around the globe and reforming itself under the influence of deregulation. Electric companies must learn the same thing their telecom neighbors did: how to compete. Deregulation and restructuring cause business strategies