Power & Utilities

Time is running out for current utility business models.

The power and utilities sector faces radical transformation. Distributed renewable generation, new digital technologies and changing consumer expectations are creating a new energy world that is more complex, competitive and challenging. And it’s coming faster than you think. Survival for utilities will depend on their ability to develop new capabilities, different business models and a mindset centered around agility and collaboration.

We can work with you to master this disruption, helping to develop the business model, technology and capabilities that will help position you to succeed in the new energy world.

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How EY can help

EY UtilityWave

Leading a decarbonized, decentralized and digitized energy system requires new tools and a new mindset. EY has worked with Microsoft to build an industry-first platform that is transforming how companies manage, integrate and leverage data from IoT devices to improve performance.

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Innovation

Utilities need to innovate and transform their businesses to handle the unprecedented disruption across the sector. Emerging technologies will play a crucial role, and utilities must harness their capabilities to seize the opportunities presented by the new energy world.

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Women in Power and Utilities

Amid fundamental change, the ability to innovate will be critical. But new EY research and interviews we’ve conducted with several leaders in P&U suggest that utilities’ challenges around innovation and diversity may be linked.

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