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Global power strategies
The future of the utilities industry and the players that are driving market success
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Decarbonization, decentralization, and digitization are compelling utilities to evolve faster than
ever before. So, how are they responding to this new, three-dimensional challenge?
Strategy&, PwC's consulting business, recently analyzed the strategic actions of the world's largest
utilities companies by market capitalization. Here's a snapshot of the different ways the heavyweights
in this Global Top 40 peer group are navigating the road ahead and forging a new industry.
The Global Top 40 (GT40) combined worth
$12 to $73 billion
Market value of members
Where are the strategic bets placed?
Utilities are working hard to create winning strategies amid the most significant
transformation in the sector for decades. The majority of their strategic effort is focused
in five key areas.
Reducing exposure to conventional power generation,
Redirecting investment into networks and renewables
Increasing activity in energy solutions and services
Developing distinctive innovation capabilities
Redesigning their business models to create and capture
Leaders are reinventing and repositioning
Some utilities are embracing even more radical change. These leaders have begun to