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Power Industry Blackout Risk on the Rise

PwC survey reveals shortfalls as industry adjusts to consumption, new infrastructure

PricewaterhouseCoopers PwC
Mon, 04/30/2012 - 13:13
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(PwC: London) -- Even with new generation capacity plans, power-industry executives expect blackout risks to rise in Europe and North America as the industry confronts the challenge of energy affordability, efficiency, and energy security policies not meeting demands. There are also worries that the number of consumers in fuel poverty will rise significantly during the next 20 years.

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The findings, from PricewaterhouseCooper’s (PwC) 12th Global Power and Utilities report, “The Shape of Power to Come,” surveyed the views of 72 power and utilities companies’ in 43 countries. Analyzing the big issues facing the industry now, and what the world of electricity would look like in 2030, the report underlines the immense changes and challenges lying ahead for the industry.

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