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Oral Repreentation

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Submitted By kellya71
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: The Electrifying Authority
The electric power industry provides the production and delivery of electric energy, often known as power, or electricity, in sufficient quantities to areas that need electricity through a grid connection. The grid distributes electrical energy to customers. Electric power is generated by central power stations or by distributed generation.

Many households and businesses need access to electricity, especially in developed nations, the demand being scarcer in developing nations. Demand for electricity is derived from the requirement for electricity in order to operate domestic appliances, office equipment, industrial machinery and provide sufficient energy for both domestic and commercial lighting, heating, cooking and industrial processes. I have Chosen this industry due to the importance of this service to the human beings basic act of need and requirement toward productive living standards. In many foreign countries and settlements this “powerful service giant” is utilized consistently and in some area not at all. I will endeavor in the process and explanation of this required service to the northern hemisphere. Before I endeavor in the company and its business affairs I want to bring forward a person whom is often overlooked and not mentioned. Mr. Nikola Tesla he was an inventor, physicist, mechanical engineer, electrical engineer, and futurist. He was an important contributor to the use of commercial electricity, and is best known for his contributions to the modern alternating current (AC) electrical supply system. His many revolutionary developments in the field of electromagnetism in the late 19th and early 20th centuries were based on the theories of electromagnetic technology discovered by Michael Faraday. Tesla's patents and theoretical work also formed the basis of wireless communication and the radio.

Born to Serbian parents in the village of Smiljan (now part of Gospić, present day Croatia), Tesla was a subject of the Austrian Empire by birth and later became an American citizen. Because of his 1894 demonstration of short range wireless communication through radio and his eventual victory in the "War of Currents", he was widely respected as one of the greatest electrical engineers who worked in America. He pioneered modern electrical engineering and many of his discoveries were of groundbreaking importance. In the United States during this time, Tesla's fame rivaled that of any other inventor or scientist in history or popular culture. Tesla demonstrated wireless energy transfer to power electronic devices in 1891, and aspired to intercontinental wireless transmission of industrial power in his unfinished Wardenclyffe Tower project which was one of the leading developers of the idea of electricity. Now to look at the Largest Entergy suppliers in the northeastern States of the United States Duke Entergy Duke Energy's history began with the Catawba Power Company in the early 1900s. Three visionaries, Dr. W. Gill Wylie, James Buchanan Duke and William States Lee, founded the company to spur economic revival of the Carolina countryside. They felt the South's heavy dependence on agriculture was prohibiting growth of other industries. By developing an integrated electric system of hydro-powered generating stations, they envisioned linking customers by transmission lines – and creating new opportunities for economic growth.

They took the first big step toward this goal in 1904 when the first power plant, Catawba Hydro Station in South Carolina, began providing electricity to Victoria Cotton Mills in Rock Hill, S.C. Over the next several years, the company's hydroelectric fleet continued to grow to serve not only commercial textile mills, but the region's growing appetite for the conveniences that electricity could provide.

The company's leaders also felt strongly about giving back to the communities they served. Their strong philanthropic commitment advanced the region's quality of life by funding health care and education in the Carolinas. It's a tradition that lives on today. The Duke Energy Foundation supports education, health and human services, leadership development and volunteerism in the communities where Duke Energy operates. To look at this companies business affairs in the past 20 years they have been a true giant of the Entergy suppliers across the United States. They recently had great activity within the different patterns of the market and how they have affected the global industry as a whole. In 2006, Duke Energy and Cinergy Corp. became one company. The company retained the Duke Energy name and expanded its service area into Ohio, Kentucky and Indiana.

On Jan. 3, 2007, Duke Energy spun off its natural gas business to form Spectra Energy. The new company's operations primarily included natural gas transmission, storage, distribution, gathering and processing. Since the spinoff, the majority of Duke Energy's revenue has come from its electric operations in North Carolina, South Carolina, Kentucky, Ohio and Indiana. This move has made this company a Giant and has cause great shifts within the market and caused the broad shift within the productivity of this business and its operations. In 2012, Duke Energy and Progress Energy combined their companies, expanding Duke Energy's services to Florida and forming the largest electric utility in the United States. The new Duke Energy serves more than 7 million customers in six service territories. But “bigger” has never been Duke Energy's goal. Instead, the company is focused on being the best. The new Duke Energy has the size, scale and financial strength to modernize operations while holding down costs for its customers.

As Duke Energy moves forward, it is working to reduce the environmental impact of its existing plants, and investing in energy efficiency initiatives that can reduce the need to build new ones. The company is also developing smart grid technologies that will create a digital, interconnected network – giving customers new ways to save energy, money and the environment. And Duke Energy is investing in renewable energy sources, adding aggressively to its portfolio of wind and solar assets.

As the nation begins to recover from a stubborn recession, Duke Energy is also going to great lengths to attract businesses, help create jobs, and strengthen community vitality in the regions it serves.

Today, energy is about more than keeping the lights on. The 21st century electric company is a technology company disguised as a utility – identifying, integrating and scaling up new technologies that make electricity cleaner, more reliable and affordable. Duke Energy is poised as an industry leader in sustainable innovation, providing solutions that help its customers and communities thrive and grow.

References

Robert Lomas, The Man Who Invented the Twentieth Century: Nikola Tesla, Forgotten Genius of Electricity, (1999) Headline, London ISBN 0-7472-7588-2.

http://www.duke-energy.com/about-us/history.asp

n.wikipedia.org/wiki/Main_Page

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References
American Psychological Association (2001). Publication manual of the American Psychological Association (5th ed.). Washington, DC: American Psychological Association.

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