Power and utilities CEOs are most concerned about inflation and cyber risks
CEOs in the power and utilities sector are most concerned about inflation and cyber risks, slightly above the global average. They are also far more concerned about climate change than the global average.
How exposed do you believe your company will be to the following threats in the next twelve months? (only highly or extremely exposed)
CEOs are taking actions to reinvent their companies
A significant proportion of CEOs doubt the long-term viability of their company's business model. The pressure to reinvent their company is therefore considerable and has led to actions over the past five years which touch upon the organisation's business model.
To what extent has your company taken the following actions in the last five years? (only to a large or very large extent)
The rise of (Gen)AI in power and utilities continues
The rise of (Gen)AI continues and the expected effects of this technology on efficiency and profitability remain high. A considerable number of CEO's plan to integrate this technology into the organisation
To what extent do you predict (Gen)AI to be systematically integrated into the following areas in your company over the next three years? (only to a large or very large extent)
Investments in climate increase costs but also revenues
Some 86 percent of CEOs in the power and utilities sector have made climate-friendly investments over the past five years. About 45 percent of this group report both higher costs and higher revenues.
To what extent have your company's climate-friendly investments over the past five years contributed to the increase or decrease of:
Key findings 28th CEO Survey
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