Comparative Financial Performance of Major Electrical Multinationals

Abstract

newline Energy is the most basic necessity for the economic growth of any country. The power of energy is visible when just because the supply of energy stops, the entire living comes to a halt! Just imagine what will happen if the computers that control the huge machines in any automated industry or simply the television of our houses stop working due to power outrage. In fact, it is practically impossible to estimate the importance and dependence of our lives on energy. Energy exists in many forms. Electrical energy is the most important form of energy. newlineWe all studied that energy can never be created or destroyed; it is transformed from one form to another. Likewise, electrical energy may be used in any form across different industries. Electricity is one of the most important blessings that science has given to humankind. It has also become a part of modern life and one cannot think of a world without it. Electricity has many uses in our day-to-day life. Starting from lighting of our rooms, to electric fans, domestic appliances such as microwaves, induction plates or air-conditioners are all dependent on electrical energy. Huge industrial setups, social structures, government bodies, agricultural establishments, etc. are all dependent on electrical energy in some form or the other. Interestingly, the development of any country may also be attributed to its per capita consumption of electrical energy.