Updated February 2018
The combination of distribution and transmission networks, together with the broad mix of generation sources have provided a reliable supply of electricity for many years.
However, the sector is undergoing rapid change, with renewable sources of energy displacing many traditional forms of generation. While renewables will undoubtedly capture a greater portion of demand over the coming years, the transition poses a challenge for the sector.
The sector is heavily impacted by regulation, with government effectively setting prices, revenue and driving investment. While the level of private ownership in the sector has increased over the past decade, public ownership remains a key feature of the sector.