Research and technology shaping the future of electric power systems

The electricity supply industry is undergoing major changes worldwide. In the evolving industry environment, the challenges are to produce, transmit, and use energy in an environmentally friendly manner, to reduce costs by improving operating efficiency and business practices, and to enhance the reliability of and quality of power supply. Research, development and application of new technologies plays a major role in shaping the future directions of electric power systems in this regard. This presentation describes these changes affecting the electric power industry with a broad perspective and identify new technologies being developed that will influence the changes.