Based on interest / investment in renewable energy, sustainability efforts, and technology evolutions, the Power / Electricity Value Chain is undergoing significant shifts to support the future needs of a Sustainability-focused world.
Investment and Policy / Regulatory support has driven increases in Renewable power generation (as a % of total generation), while Transmission & Distribution players have invested in grid modernization and digitization to help optimize the grid efficiency and support the evolving consumption / end-user markets (e.g., Electrification of transport / vehicles)
As consumers, businesses / industries, and governments aim to accelerate Sustainability and Decarbonization efforts, sustained investments in advanced / digital technologies will be required.