Managing of power networks and business processes in a deregulated market

The current wave of privatization and deregulation of the electric energy market has created new challenges. This is true in many parts of the world. Power companies are cast in the role of 'energy service companies' instead of 'energy suppliers'. The increasing competition between market actors and the requirements for improved overall security, economy and quality of service is accelerating the demand for more accurate and up-to-date information. Information becomes a strategic resource. To be able to constitute its full potential to users all over the power company the keyword becomes integration. Technical, business and administrative applications need to be viewed in a new, corporate wide perspective. The revised IT-strategy therefore becomes a tool for positioning the company in the competitive market. 8 refs, 4 figs