Energy Sector
EXECUTIVE BRIEFING
Energy sector is one of the most important sectors for the current economy. Nowadays, the access to energy is a key point for the development and welfare of a country. With that purpose, all the countries try to push forward their energy sectors, aiming to have enough resources to sustain their growing perspectives.
Within the energy sectors, the electricity sector is considered a strategic one, considering the increase of electricity demand occurred during the last 15 years all over the world, and especially in Europe and United States. For that reason, in order to assure the efficiency and rationality of this essential sector, some adjustments have been made in it legal and political frame.
In 1996, the European Union figured out that the best way to improve the performance of the electricity sector was opening a long but straightforward process of liberalization and deregulation. National companies come into public trying to guarantee competition, costs reduction and efficient management. One of the most relevant examples of this key transformation for the European economy was the Spanish company Endesa.
Spain, as other European countries, needed at that moment to update electrical capacities and electrical offer, playing Endesa a decisive role in this period. Step by step, the rapid overcome of the domestic market lead to a progressive international growing based on accurate decisions that positioned Endesa in incipient markets as Latino America or other European Countries.
10 years after, Endesa is a global company with a huge market share in Spain and operations in more of 15 countries, with great financial results and a solid prestige in terms of corporative image. As one of the three most important European companies of the electricity sector, Endesa is focuses on a constant growing that imply the exploration of new opportunities in new markets.
With that purpose - in order to face that challenge- the company has
Energy sector is one of the most important sectors for the current economy. Nowadays, the access to energy is a key point for the development and welfare of a country. With that purpose, all the countries try to push forward their energy sectors, aiming to have enough resources to sustain their growing perspectives.
Within the energy sectors, the electricity sector is considered a strategic one, considering the increase of electricity demand occurred during the last 15 years all over the world, and especially in Europe and United States. For that reason, in order to assure the efficiency and rationality of this essential sector, some adjustments have been made in it legal and political frame.
In 1996, the European Union figured out that the best way to improve the performance of the electricity sector was opening a long but straightforward process of liberalization and deregulation. National companies come into public trying to guarantee competition, costs reduction and efficient management. One of the most relevant examples of this key transformation for the European economy was the Spanish company Endesa.
Spain, as other European countries, needed at that moment to update electrical capacities and electrical offer, playing Endesa a decisive role in this period. Step by step, the rapid overcome of the domestic market lead to a progressive international growing based on accurate decisions that positioned Endesa in incipient markets as Latino America or other European Countries.
10 years after, Endesa is a global company with a huge market share in Spain and operations in more of 15 countries, with great financial results and a solid prestige in terms of corporative image. As one of the three most important European companies of the electricity sector, Endesa is focuses on a constant growing that imply the exploration of new opportunities in new markets.
With that purpose - in order to face that challenge- the company has