The Strategic Realities Ahead
for the Electric Power Industry
The beginning of 2005 saw the electric power industry firmly
on the road to recovery with the S&P Utilities Index up almost 18
percent--more than twice the S&P 500. The proposed Exelon-PSEG merger is
another sign of renewed industry confidence and the process of rationalizing the
industry for the next stage of the power business cycle.
What’s ahead in this ‘next stage’ for the industry? This Briefing Report
highlights five trends that will influence tomorrow’s marketplace.
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2004 Electric Utility Returns by Segment