Manage episode 295461499 series 2845965
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.