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0:00
I'm Shahid Zaki.
I'm the ex-CEO of
Philips, Pakistan,
and I am a visiting
professor at IBA.
I teach corporate strategy,
and the presentation I've prepared is on
operation strategy of an electric utility.
0:27
Now, as you might be aware,
there are many electric
utilities throughout the world,
and that is where we are
getting all the electricity.
I've prepared it in such
a way that professors,
or those who are in
teaching, in economics,
can have the case solution
right at the end,
so that they can generate a
lot of classroom discussion
before presenting what happened.
1:02
What does an
electric utility do?
Let me explain that.
Basically, an electric
utility provides you power,
but unfortunately, the power
is generated elsewhere
and has to be transmitted and
distributed by the utility itself.
Now, why the generation is elsewhere is
because the hydro, thermal, nuclear,
and other environmentally friendly
means of generation are located,
usually, at a distance
from the utility.
Generation takes place
at some other point,
whereas the distribution
can be anywhere.
The distribution network
which is supplying
a certain area is usually authorized
by a regulatory authority
to distribute power in that
location through a network
of grid station feeders
and associated equipment.
In the slides, I'm showing
the entire network,
with generators, and then the
voltage has to be stepped up
because it has to traverse
a certain distance.
And then it has got
to be stepped down,
and basically, that is where
the power is consumed.
