Sustainable Times
Summary
As demand for electricity skyrockets, driven by the rise of generative AI, electrification of processes, and a surge in reshored manufacturing, global businesses may soon prioritize growth over their clean energy commitments. That’s the conclusion of EY’s Navigating the Energy Transition research programme, which surveyed over 2,400 decision-makers at large to mid-sized firms across eight global markets this year.
As companies double down on self-sufficiency, the survey reveals that 86% have already invested in energy-related products or services, including energy-efficient equipment and electric vehicle (EV) infrastructure. And many are not stopping there. The next wave of investment will encompass a broad spectrum of technologies, ranging from microgrids and on-site renewables to district energy systems and emissions monitoring tools.
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