Electric Utilities Industry – OverviewElectric utilities industry is defined by varying factors such as supply and demand, economic uncertainty and regulatory requirement. Demand for electricity has been constantly on a rise in EU and is expected to reach 3.327 TWh in 2020 at a growth rate of 0.6% per annum from 3.132 TWh in 2010.To align with EU’s 20-20-20 targets (which means, 20% of the demand must be met by renewable resources by the year 2020) renewables are being deployed on a massive scale across the EU.Industry Trends:The industry has undergone progressive restructuring over the last decade to accommodate regulatory changes. Also they are bracing to compete in the deregulated market in some EU countries, leading to some discernible trends:1) Building infrastructure – Over the next decade, focus will be on developing infrastructure for power generation (using renewable & non-renewable energy sources), plan and build infrastructure for energy storage. There