Energy And Utilities Industry Trends

From decentralized renewable energy to electric vehicles the revolution has begun.

Energy and utilities industry trends.

Updated july 22 2020. Utilities will increase their investments in electric vehicles charging infrastructure and analytical solutions to better integrate evs and grid demand response strategies. Despite valuation challenges posed by volatile commodity prices an uncertain demand outlook and global travel bans impeding deal execution we believe interest still exists in doing mergers and acquisitions m a in the energy utilities resources eu r 1 industry at the right time. Although some of the trends around climate goals distributed energy resources der and growth will continue the covid 19 pandemic has catalysed the transition according to the study.

But just months later the covid 19 pandemic struck and tested the mettle of a crisis resilient sector in new ways. Moreover as renewable energy penetration pushes higher in each grid utilities will have greater urgency to develop demonstrate and implement better management approaches for intermittent sources of power generation. Natural gas dominated the us power generation mix 44 against wind and solar which accounted for 12 of the us total energy capacity. The energy sector has reached a point of transformation.

We use cookies to deliver the best possible experience on our website. As digitalization transforms the energy and utilities industry cios must take the lead in tranforming their organization into a digital utility. Energy storage will disrupt consumption patterns. The lines between oil gas companies and electric utilities are beginning to blur as traditional fossil fuel companies invest in the low carbon transition.

Industries involved in the production and sale of energy including fuel extraction manufacturing refining and distribution. Consulting firm deloitte has released its midyear 2020 power and utilities industry outlook with insights to help the sector navigate increased uncertainty and challenges due to covid 19. Energy and utilities industry pay trends. Here are the key trends that will shape the e u industry.

The carbon neutrality agenda continues to transform the industry and drive deal activity and capital. Electrification is gaining momentum. These trends are durable and will continue in 2020 and beyond across the us.