Utilities industry includes companies that offer services like electric power, steam supply, natural gas, and sewage removal.
Utilities industry is one of the rapidly evolving sectors. The utilities sector is complex and changing rapidly as companies pursue new models of value creation. Some strategies fiercely reinforce the traditional integrated utility strength of owning production, distribution and the customers. Others seek competitive advantage (or have it thrust upon them by regulators) by concentrating on particular parts of the energy chain. Previously sacrosanct national boundaries are falling as cross border investment progresses. Energy trading is becoming a risky essential. But the trend to liberalisation, convergence and competition for end customers is by no means uniform across territories.
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