What is the current reliance on established energy companies?

The current reliance on established energy companies remains significant in today's world. These companies, often known as major players in the industry, have built a strong presence over the years and possess extensive infrastructure to generate, distribute, and market energy. Society relies on these companies to meet their energy needs in various forms, including electricity, gas, and oil. These companies often have a significant market share, allowing them to have a considerable impact on energy prices and policies. However, there is a growing recognition of the need to diversify the energy sector and reduce dependence on traditional energy sources, leading to increased investments in renewable energy and efforts to promote competition in the market.

This mind map was published on 25 August 2023 and has been viewed 53 times.