The changes affecting power and utilities companies have provoked some apocalyptic headlines. While no-one would argue that the sector is dealing with the most significant transformation in its history, we’re much more optimistic. If businesses make the right moves to address the challenges they face and embrace the opportunities, they can be a thriving ‘utility of the future’.
But this means becoming so much more than a reliable energy supply. To prosper, power and utility companies will have to satisfy a diverse range of customer, business and community demands and do so in a rapidly changing regulatory and technological environment. PwC believe the utility of the future is unlikely to control the full value chain but rather will enable valued energy solutions for their targeted customers - it will become an ‘energy enabler’.
Sign up for future content on power and utilities