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The changing marketplace.
There is currently a worldwide trend towards deregulation
of the energy industry. Most developed countries where
supply capacity meets or exceeds demand have at least
considered deregulation options. Many have already embarked
on a structured path towards full energy market deregulation
with others still at the planning stage.
Energy industry challenges.
The impact of the changing energy industry is widespread.
Deregulated market retailers
need to provide more sophisticated and responsive energy
products and services in order to survive in competitive
market places.
Lines Companies in
deregulated market have to deal with multiple retailers
trading over their networks while continuing to meet
service and cost parameters established by market regulators.
Regulated market utilities
are also experiencing new challenges and opportunities.
Changes in the energy industry have tended to increase
customer and regulatory expectations calling for increased
operational efficiency and effectiveness.
The challenges that many energy companies are now facing
are so often made more difficult by the fact that most
legacy management systems were developed for the traditional,
fully regulated energy industry. Such systems only rarely
provide the functionality, flexibility and scalability
that is now required.
Kinetiq : Solutions for today's energy markets.
Kinetiq has grown from within the New Zealand energy
industry which was one of the first markets in the world
to become fully deregulated. More than twenty years of
deregulated, deregulating and regulated energy markets
is embodied in Kinetiq's customer, data and energy contract
management products.
The energy publication article, Deregulation
Lessons from Downunder, provides an insight
into the Australasian energy industry while providing
some pointers of relevance to energy markets elsewhere.
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