Power and utilities

Power and utilities companies are at the core of the clean energy transition. But as the natural resources industry changes, financial and operating models are under pressure.

Key priorities for power and utilities companies

over the next 10 years, the top three priorities for power and utilities companies are set to change as the clean energy transition gathers pace.

In our 2025 Global Clean Energy Survey, power and utilities organizations revealed how their priorities shift over the immediate-, mid- and long-term:^[1]

Top risks facing power and utilities companies

But with change, comes risk. Power and utility companies face major challenges including:

• Volatility in financial markets
• Uncertainty of return on investment
• Legal and liability exposures
• The cost of new technologies
• Changing regulation
• Sociocultural expectations
• Stakeholder pressures
• Access to capital

In a changing and complex industry, power and utilities companies listed supply chain and geopolitical risk as the top two risks to achieving their clean energy strategy in our Global Clean Energy Survey 2025.^[2]

Forward-thinking leaders in the power sector are finding strength in specialty.

A smarter approach to power and utilities risk management

Insurance is a critical tool in power risk managers’ toolkits. Combining traditional lines with new and innovative risk solutions can help power and utilities companies build a robust risk management strategy. But ensuring risk strategies evolve is key to long-term success.

Footnotes

1. Results from our Global Clean Energy Survey 2025 in response to the question ‘What timespan has your organization set for implementing the following aspects of your clean energy strategy? Return to article undo
2. Global Clean Energy Survey 2025 Return to article undo
3. New Power Systems report. Return to article undo
4. A Power Grid Long Enough to Reach the Sun Is Key to the Climate Fight. Return to article undo
5. Connected Risk Intelligence. Return to article undo