In move to cleaner energy economy, power sector falling behind in digital transformation - a podcast by S&P Global Platts
from 2021-06-18T16:43:45
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.
Further episodes of Capitol Crude: The US Energy Policy Podcast
Further podcasts by S&P Global Platts
Website of S&P Global Platts