When Trimark was founded in 2000, the definition of the electric utility market had been well established and understood. Monopolistic utilities generated power at large scale power plants, moved the power over their own transmission lines, and, in most cases, delivered the power directly to their captive customers. The new century started a redefinition of that business model that continues to be refined and redefined.
The restructuring of the integrated utilities into generation, transmission and retail service providers was the first wave. That restructuring laid the foundation for a new group of market participants, such as independent power producers, at risk transmission power transmission operators, and retail energy choice providers. A wave of renewable energy production followed as social and environmental concerns arose over greenhouse gas emissions, exposure to radioactive discharges and waste, and disruption of nature waterways. Utility regulators worked feverishly to adopt new regulations and the utilities, in turn, revised their business approaches to comply.
At the same time, the business use of computer technology enabled and supported these shifting business processes. Trimark’s founders perceived these trends as an opportunity to provide technical solutions that would enable the evolving utility marketplace. We have devised systems and services to provide solutions for all of the new utility market participants.