In move to cleaner energy economy, power sector falling behind in digital transformation
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It's no secret that the power sector is undergoing dramatic changes. Market dynamics and ambitious decarbonization goals set by the Biden administration are driving a transition away from fossil fuels and toward more renewable energy and electric vehicles. Consumers and investors are also expressing new expectations for sustainability and a cleaner energy economy. Utility executives have acknowledged a need for new digital technologies and a digitally savvy workforce, but a new survey by Ernst & Young found that the utility sector is falling behind in this digital transformation. Nearly 90% of utility executives say they do not have enough workers with the right skills to take advantage of digital technologies, and many lack a plan to proceed. We spoke with Ryan Levine of Ernst & Young about the report and what it means for the power sector going forward.
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Published 08/30/21