Energy and utilities are the backbones of modern industry and our day-to-day lives. Electricity which comes from hydel power helps our trains run, supports our hospital’s function, and keeps our homes well-lit and comfortably warm/pleasantly cool, as the need might arise.
When we talk of energy and utilities, what comes to mind are oil and gas, power, and water. There have been several initiatives taken up by various Electricity Utility and Energy Technology companies such as Net Zero Carbon Cities, and Cyber Resilience and the Electricity Ecosystem initiative for global cybersecurity for the electricity industry.
The 3 Energy & Utilities Companies –
1. Oil and Gas Companies like PetroChina, ASCO, and ExxonMobil
An example can be PetroChina, it is one of the major oil and gas producers and distributors in China, as well as a significant player in the global oil and gas industry. We are engaged in a wide range of activities related to oil, gas, and new energy, and sustainably provide energy and oil products for economic and social development.
2. Power and Utility Companies like CenterPoint Energy, Saudi Aramco, and NextEra Energy
A power company supplies electricity to buildings connected to the power grid. These companies charge a fee for using the services that they provide (ie: water, gas, electricity).
Utility companies provide natural gas, electricity, water, sewage, and other basic necessities for both residential and commercial properties. While many companies in the utility sector make a profit, they are typically heavily regulated by public authorities.
An example can be NextEra Energy, they own Florida Power & Light Company, which is America’s largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to more than 5.7 million customer accounts, supporting more than 12 million residents across Florida.
3. Renewable Energy Companies like LanzaTech, Larderello Group, and Loom Solar
An example can be LanzaTech, it is a biotech startup founded in New Zealand, which focuses on converting carbon emissions to useful products, including fuel. By taking industrial emissions and feeding them to bacteria, the company makes ethanol fuel, the fuel additive that is usually (and controversially) made from corn or sugarcane.