PwC’s 13th Global Power & Utilities survey

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Today’s power utilities market is facing major disruption. The magnitude of near and mid-term challenges is immense. Power companies are pulling the plug on conventional generation. Utility commodity businesses face continued strong headwinds. Carbon markets are not functioning. Regulation is often failing to produce the outcomes intended and is adding to uncertainty. The traditional utility business model is coming into question.

The extent of current disruption to the business model is perhaps only now becoming clear. Where it will lead and what it will mean for the future utilities’ business model remains unknown. We’d be wrong to say it can be predicted but the direction of some of the forces shaping it can be mapped out. And it is this ambitious territory that we make the focus of this year’s PwC Annual Global Power & Utilities Survey.