Power, Grid and Electrification

The electric power sector is at the forefront of the global energy transition, with wind and solar technologies matured and now deploying at scale. The electrification of the energy system and the recent emergence of power-thirsty artificial intelligence systems point to substantial demand growth for the sector, which can pose challenges for what have been seen as set targets for the future generation mix. New technologies, partnerships and policies are emerging to help the sector meet the world’s need for reliable, affordable and low emissions electricity. But standing in the way are roadblocks in the form of permitting, capital deployment, and sourcing and supply chains, all slowing grid transformation and deployment of new generation capacity.