Electric & electronic manufacturing industry generates, transmits, and distributes electric power. However, deregulation has altered power markets in many nations, electric utilities often continue to operate as unofficial monopolies in a given service territory. Commercial, industrial, and residential electrical power requirements, which are tied to economic activity and population growth, drive the demand. government regulations and fuel costs affect profitability. Large companies have an advantage in negotiating fuel contracts, while smaller companies can also compete effectively by exploiting market niches, including offering green power in regulated markets.
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