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CH Energy Main Competitor - Research Paper Example

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The paper “CH Energy Main Competitor” analyzes CH energy group, which presently owns 100% equity in Central Hudson Gas and electric corporation and the Central Hudson Enterprises Corporation. Central Hudson Gas and Electric Corporation is a distribution and transmission based business unit…
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CH Energy Main Competitor
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CH energy operates mainly in the United States of America which is the world's largest economy with an approximate per-capita GDP of about $46,900. It is also militarily and technologically the most powerful nation in the world. It is a purely market-oriented economy with most of the important strategic business decisions taken by individuals or the board of companies. The government buys goods and services from the private sector. The problems in this economy are inadequate investments towards economic infrastructures, a very high medical cost, trade and budget deficits apart from income stagnation in the economic groups with lower income.

The GDP with regards to the purchasing power parity is about $ 14.26 trillion as of 2008. The GDP as per real growth rate is 1.1% as of 2008. The per capita GDP is about $ 46,900 as of 2008. In the total figure of GDP agriculture contributes about 1.2%, the industry contributes 19.2% and the services sector contributes about 79.6% towards the GDP. All this implies a rosy scenario for CH energy as the figures show that the country is predominately industry based which would result in a huge demand for power and related services.

The country also offers a 154.3 million strong workforce. The country has a public debt of about 60.8% of the GDP as of 2007. The central bank discount rate is 0.5% as of 2009. The USA has a $1,624 trillion stock of money. The country has a wide range of industries ranging from consumer goods, aerospace, motor vehicles, steel, telecommunications, food processing, petroleum, and other industries. The country produces 4167 trillion kWh units of electricity and consumes about 3892 trillion kWh of power annually as of 2007.

The USA exports about 20.14 billion units of electricity and imports only 51.4 billion kWh units of electricity.

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