• 23-APR-2012

  • SOURCE: PricewaterhouseCoopers LLP

Power Industry Blackout Risk Alert On The Rise

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 in the next 20 years. The findings, from PwC's 12th Global Power & Utilities report - 'The shape of power to come', surveyed the views of 72 power and utilities companies' in 43 countries. Analysing 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.