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Power industry

The modern world depends on electricity. All aspects of life require its supply.

The issue of energy security is strategic for every country. It is the bloodstream of the economy, on which its functioning and development depends.

The power industry may be divided into: power plants, heating plants and combined heat and power plants, and the power grids delivering power as electricity and heat.

The power industry is a sector of the economy with one of the most damaging environmental impacts. Forecasts are that by 2040 the global energy sector will grow by 1.1% per year. The world has been taking action to limit the harmful impact of the power industry on the environment by integrating the energy policy with environmental policy. Therefore the industry slowly shifts from generating power from traditional sources towards RES.