The challenges renewable energy sources face

Many modern and innovative businesses make the traditional model of the business model for electricity utilities obsolete and may be inadequate to achieve the strategic objectives of my government in the energy sector. The power supply and transmission sector in the country must be refurbished in order to accommodate the emergent new realities in a more competitive, versatile and creative manner. There could be serious and costly consequences not to act quickly and efficiently and also can be very hard to correct at a later stage. The electrical utility sector has been fundamentally changed by four major developments in the global energy market and the continued sustainability of the traditional approach to that industry raises serious questions.

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