Utilities companies, such as electricity, oil and gas companies, coal producers, and renewable energy companies, are primarily involved in energy production.
They are key influencers in the energy market as they produce, distribute, and supply energy to meet the demand of consumers and various sectors, as well as being significant energy users to implement these operations.
They play a crucial role in meeting the energy demands of consumers and managing the grid to ensure a reliable supply of electricity. This means that their influence in the transformation into more carbon friendly options into the energy mix is paramount.
As users, they often operate power plants and utilities responsible for generating electricity, that in themselves consume significant amounts of power to heat, light and run processes. These companies produce energy from various sources, oil, natural gas, coal, and renewable energy sources to generate electricity or provide other forms of energy (solar, wind, hydro, thermal etc,) and distribute it through transmission and distribution systems to homes, businesses, and industries.