Abstract
Traditional DE marketing assumes that the market, consisting mostly of backup
and baseload applications, is limited in size and scope, and therefore players
are forced into bloody fights with each other for a finite opportunity. The
authors of a new book, Blue Ocean Strategy: How to Create Uncontested Market
Space and Make the Competition Irrelevant, refer to this competitive marketing
approach as a "red ocean" strategy. They argue that what's needed are
innovative, unconventional, "blue ocean" approaches that create demand and
expand markets. Perhaps the DE industry can take advantage of new strategies to
redefine its value as concern for near-term grid problems is growing,
especially in light of the massive damage caused by Hurricanes Katrina and Rita.