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NewswireTODAY - /newswire/ -
London, United Kingdom, 2010/04/20 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.
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The report Carbon Management in the U.S. Electric Utility Sector examines carbon management from a U.S. utility sector perspective, including an analysis of key business issues as well as forecasts for market growth to 2017. In addition, Pike Research assesses the competitive landscape, including a review of major software and services vendors providing carbon management solutions to utility companies.
According to the 40 page report, the U.S. electric utility sector is in the midst of a period of dramatic transformation. Utilities are confronting a myriad of business and regulatory challenges, as they are facing supply and demand issues, the cost of replacing aging infrastructure, investments in renewables, and ever-shifting environmental and regulatory demands. Amidst these challenges, utilities must also respond to demands for increased reliability, safety from security attacks, and customer satisfaction and an increasing need to reduce costs, improve operational efficiency, and overcome a looming talent shortage coupled with an aging workforce.
The industry also faces increasing pressure to reduce its carbon emissions to meet certain targets. But this challenge introduces an interesting conundrum. At the same time as utilities are in the business of producing energy, they are also required to conserve power in order to address greenhouse gas (GHG) emissions to mitigate climate change effects. And a number of progressive utilities are recognising that they have a unique opportunity to forge a new path with regard to environmental and technological innovation.
There is no better opportunity for vendors than serving clients who are experiencing such a transformation when the demands for assistance are both numerous and diverse. In the United States, the report forecasts that the compound annual growth rate for carbon management software and services in the utility sector will be nearly 41% to 2017.
Report Buyer is the independent online store for global business information. The website now lists more than 120,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.
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