Working Capital - Second Edition 2021

When I think about transformations in the energy industry, I often think of the great inventor Thomas Edison, who was not only responsible for hundreds of important inventions but who also set the stage for a breakthrough form of energy transmission, electricity, to become a technological and economic disrupter. The Pearl Street electric generating station that he opened in New York’s Financial District delivered electricity to just a few dozen customers when it launched in 1882. Still, it augured the demise of gas lighting and set the stage for an even larger energy revolution.

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