The electric power industry provides the production and delivery of electric energy, often known as power, or electricity, in sufficient quantities to areas that need electricity through a grid connection. The grid distributes electrical energy to customers. Electric power is generated by central power stations or by distributed generation.
Many households and businesses need access to electricity, especially in developed nations, the demand being scarcer in developing nations. Demand for electricity is derived from the requirement for electricity in order to operate domestic appliances, office equipment, industrial machinery and provide sufficient energy for both domestic and commercial lighting, heating, cooking and industrial processes. Because of this aspect of the industry, it is viewed as a public utility as infrastructure.
Read more about Electric Power Industry: History, Organization, Generation
Famous quotes containing the words electric, power and/or industry:
“The family circle has widened. The worldpool of information fathered by the electric media—movies, Telstar, flight—far surpasses any possible influence mom and dad can now bring to bear. Character no longer is shaped by only two earnest, fumbling experts. Now all the world’s a sage.”
—Marshall McLuhan (1911–1980)
“We have imagined ourselves a special creation, set apart from other humans. In the last twentieth century, we see that our poverty is as absolute as that of the poorest nations. We have attempted to deny the human condition in our quest for power after power. It would be well for us to rejoin the human race, to accept our essential poverty as a gift, and to share our material wealth with those in need.”
—Robert Neelly Bellah (20th century)
“It is while we are young that the habit of industry is formed. If not then, it never is afterwards. The fortune of our lives therefore depends on employing well the short period of our youth.”
—Thomas Jefferson (1743–1826)