Out of 400 senior energy professionals contacted in 75 countries:
- 87% of energy say there is an urgent need for greater investment in the power grid
- 91% say power grid expansion and upgrade is critical to meet Paris climate goals
- 58% think storage systems are the main area where increased investment is expected next, followed by solar integration and electric vehicle infrastructure (both at 49%)
- Over 75% say smart grid implementation is not happening quickly enough to support the energy transition.
(Source: DNV, 2022, Energy Industry Insights - Future-proofing our power grids)