Innovations in generation
Once generation, transmission and distribution have been separated, it is possible to focus more effectively on innovations in generation, especially in an environment that stimulates private sector competition. Typically, conventional power stations become more efficient, and a more complete mix of power generation modalities can be introduced. An efficient national grid network means that electricity generated, for example, by hydropower at one end of the country can supply consumers at the other end.
Growing emphasis on renewables
Renewable energy plays an increasingly important role in power supply in almost every country. In some countries, with an abundance of opportunities for hydropower or solar energy, electricity generation through renewable energy has already reached a high percentage, touching 100% in some cases. This is clearly important for many reasons, including climate change, pollution and energy self-sufficiency.