The role of innovation in a deregulated market is critical for the power industry. However, the unprecedented need for new technologies is accompanied by a remarkable decrease of the research and development budgets since the traditional largest funders of R&D are re-evaluating their roles and changing priorities.

Today, power companies and other energy market participants are changing their perspective and expectations. As a result, traditional R&D value chain is evolving towards innovation adoption process. The R&D process is perceived as innovation that is delivered in a form of proven, ready for implementation products complemented by information and implementation support.

During these times of deregulation and globalization, the power industry is looking outside of its own
in-house capabilities and beyond the expertize

offered in their countries by traditional vendors. The need for a global reach with an ability to act locally, focus on core activities and concern about cost effectiveness lead towards global networks and partnerships that in today's business environment gain a place of the most effective support for innovation adoption in power industry.

Energies Ltd. was established to create networks and build partnerships that link needs, expertize
and innovative solutions to provide information, promote innovation, and support implementation
of new technologies for power industry.

Energies Ltd. is a network of partners who offer their products and services to facilitate power industry innovation. More…