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About the Creative Destruction in the Energy Sector Paper Series
Te Creative Destruction in the Energy Sector paper series presents timely policy analysis on emerging trends reshaping traditional dynamics in the energy sector including how innovations outside the sector, such as telecommunications or inormation technology, could transorm existing systems. Te paper series is conducted in close collaboration with GMF’s Energy ransition Forum (EF), which was created in 2012 to provide a regular venue or open, structured, and act-based dialogue among senior leaders rom the private and public sectors in the United States and Europe about the market condi-tions and policy rameworks needed or a timely transition to a secure, aﬀordable, and low-carbon energy uture. EF’s intention is to bring together a coalition o leaders to produce new thinking on how to address the key challenges acing the global energy system. Tis paper series would not have been possible without support rom the Enel Group. Enel’s mission is to create and distribute value in the international energy market, to the beneﬁt o their customers’ needs, their sharehold-ers’ investments, the competitiveness o the countries in which they operate and the expectations o all those who work with them.
GMF Paper Series
Te GMF Paper Series presents research on a variety o transatlantic topics by staﬀ, ellows, and partners o the German Marshall Fund o the United States. Te views expressed here are those o the author and do not necessarily represent the views o GMF. Comments rom readers are welcome; reply to the mailing address above or by e-mail to firstname.lastname@example.org.
Te German Marshall Fund o the United States (GMF) strengthens transatlantic cooperation on regional, national, and global challenges and opportunities in the spirit o the Marshall Plan. GMF does this by supporting individuals and institu-tions working in the transatlantic sphere, by convening leaders and members o the policy and business communities, by contributing research and analysis on transatlantic topics, and by providing exchange opportunities to oster renewed commitment to the transatlantic relationship. In addition, GMF supports a number o initiatives to strengthen democra-cies. Founded in 1972 as a non-partisan, non-proﬁt organization through a gif rom Germany as a permanent memorial to Marshall Plan assistance, GMF maintains a strong presence on both sides o the Atlantic. In addition to its headquarters in Washington, DC, GMF has oﬃces in Berlin, Paris, Brussels, Belgrade, Ankara, Bucharest, Warsaw, and unis. GMF also has smaller representations in Bratislava, urin, and Stockholm.On the cover: ransmission lines and turbines. © BE/istockphoto