Utilities global survey 2007
Each year PricewaterhouseCoopers goes to the heart of boardroom thinking in utility companies across the globe. Last year we examined the sector’s thinking about the ‘big leap’ forward that needs to be made if the sector is to address the immense challenges posed by security of supply and climate change. We found a sector that recognised the need for change but remained hesitant about when and how it could be achieved against a background of continuing regulatory uncertainty.

In 2007 we see a power utilities sector that appears much more ready to make the changes that arise from the threat of climate change. In Energy and efficiency: the changing power climate we report on a sea change in the sector’s thinking. We find huge increases in the extent to which renewable and nuclear power are at the top of company agendas. We find an industry that believes that technological advances can take us into a new era of energy efficiency. Although the sector believes that governments and end-users must set a lead on energy efficiency, we also find that companies are ready to invest in efficiency, not just in their own production and transmission but also to help their customers become more energy efficient.

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Utilities global survey 2007