Components Of Energy Supply Chain - 1383 Words

Introduction Components of energy supply chain The Energy Supply Chain comprises of three broad components including energy commodity, network services, and retail services. Energy commodity refers to the examples of available energy sources in the economy. The USA relies on petroleum, gas and electricity power sources to drive the other critical infrastructures. The authorities oversee the distribution of power using secure network services. The interconnected supply channels of power involve extracting energy from production and storage points for the purpose of sharing it among end users. Also, such linkages represent metering and billing for the usage. Finally, the retail services are the end point of the supply chain that reaches the consumers while managing price risks in the supply chain. Therefore, retailers control the interplay of supply and demand on behalf of all the supply chain participants. Participants The government’s concern, through the Office of the President, is to streamline flaws in the energy supply chain through regulating market players in the supply process. An energy supplier must hold a certificate of amount after a rigorous vetting process by Energy Regulators in the State. The FBI and the Homeland Security have access to certification qualification of suppliers in the energy sector. The contributors include electricity generators, gas producers, transmission network service providers, distribution network service providers, retailers andShow MoreRelatedEnergy Scene : Global Warming, Reserve Depletion, Security Concerns And The Rising Energy Prices1314 Words   |  6 PagesENERGY SCENE OVERVIEW Oil and gas energies are considered nowadays the main drivers of the economic growth and development in a global level. Oil consumption has witnessed an exponential growth since the 1900’s, where it was first discovered. 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