SOURCE: Rothman Research

Rothman Research

March 11, 2010 09:40 ET

4% Growth Forecasted on Energy Sector

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 11, 2010) -

In a recent International Energy Outlook 2009 projection, worldwide consumption of marketed energy is estimated to increase by 44 percent from 2006 to 2030 with 21 percent of the consumption stemming from United States alone. A study done by independent research firm produced the same results as the Energy Information Administration's (EIA) forecast -- citing the increase in consumer demand, company improvisations and impact of the provisions given by the government to the U.S. energy markets through the power of the American Recovery and Reinvestment Act of 2009.

Leading online financial platform analyst, Jack Benassi, refers to two companies to spearhead the major run based mostly on their market and economic adaptability -- The Southern Company (NYSE: SO) & Edison International (NYSE: EIX).

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The Southern Company owns all of the outstanding common stock of Alabama Power, Georgia Power, Gulf Power and Mississippi Power each of which is an operating public utility company. The traditional operating companies supply electric service in the states of Alabama Georgia Florida and Mississippi. Southern Power constructs, acquires, owns and manages generation assets and sells electricity at market-based rates in the wholesale market.

Edison International through its subsidiaries engages in the supply of electric energy in central, coastal, and southern California serving approximately 432 cities and communities, and a population of approximately 13 million people.

Visit to see how these companies have evolved with their industry over the past years.

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