2004
Global electricity market survey draws large response from industry
-
29 April 2004
A global electricity market survey launched by PA Consulting Group (PA) on 19 April has drawn a large initial response. Many respondents believe that reform efforts will provide benefits, including lower prices, but are less optimistic about electricity industry reform compared to a year ago.
The goal of the survey is to help the electricity industry move toward a common understanding of best practices in industry reforms and electricity markets.
According to PA, reforms and market introductions that were underway prior to the Enron disaster, the August 2003 Blackout in North America and other events, have slowed or even stopped. In order for the industry to avoid being trapped in a twilight zone between earlier regulatory regimes and reformed electricity markets, reform efforts must be brought back on track.
PA is the pre-eminent adviser on electricity industry reform, market design and market implementation, having led or participated in the vast majority of electricity market reforms worldwide over the past decade. PA is currently engaged in most of the electricity industry reforms and market introductions underway in the world.
To participate in PA’s Global Electricity Markets Survey, please complete the online form, available at www.global-electricity-markets.com. The form will take between five and fifteen minutes to complete and all answers will be kept strictly confidential. In return for completing the survey, PA will provide respondents with the complete survey results and analysis upon its completion of the research. The survey will remain open until the end of May.
PA will present the final results of the survey in a public report, with a presentation to the industry at a conference scheduled for October 2004 in Houston, Texas and sponsored in conjunction with University of Houston’s Global Energy Management Institute.
-Ends-
For more information, please contact:
Notes to editors
PA: delivering value
PA Consulting Group is a leading management, systems and technology consulting firm. Operating worldwide in more than 35 countries, PA draws on the knowledge and experience of 3,000 people, whose skills span the initial generation of ideas, insights and solutions all the way through to detailed implementation.
PA focuses on creating benefits for clients rather than merely proposing them. Our work is founded on powerful insights into our clients' issues, and in the private sector in particular, on the need to deliver superior shareholder returns. We help accelerate business growth by developing innovative products for our clients and by the application of emerging technology. We deliver major transformation programmes, mobilize human resources, and manage complex IT and technically-challenging programmes.
PA's results-focused approach is founded on a unique commitment to excellence, value and independence:
- Excellence. We are committed to unremitting excellence and quality in every aspect of our work: in our relationships with our clients, in the client assignments we deliver, and in the people we recruit and develop, who enjoy exciting and rewarding careers at PA.
- Value. PA's consultants bring an intense focus on delivering value through deep industry insight, the development and application of technology, and our culture of respect, collaboration and flexibility in working with clients.
- Independence. PA is independent of outsourcing, software, hardware and audit providers. We are the pre-eminent client-side advisor on IT and outsourcing projects, and deliver, in partnership with our clients, business solutions tailored to our clients' needs, rather than solutions pre-determined by commercial alliances. As an employee-owned company, we are answerable to our clients and to ourselves only.
|
