MBA 515 Electric Power Industry / Business Environment, Innovations, and Entrepreneurship
The invention of the “first device to reliably produce a steady electric current” was created by Alessandro Volta in the eighteenth century (Franceschetti, 2015). Volta produced electric current by use of the voltaic pile or battery (Franceschetti, 2015). From there, other chemist began to use electrical power to separate elements from their compounds, such as isolating water into hydrogen and oxygen (Franceschetti, 2015). By 1831, “English chemist and physicist Michael Faraday demonstrated electromagnetic induction—the production of voltage when the magnetic flux through a loop of wire changes” (Franceschetti, 2015).