Nine out of 10 power and utility executives say their organizations lack enough technology-savvy employees needed to keep pace with an ongoing digital revolution across the industry, the results of a 2021 global survey show.

The survey, conducted for Ernst & Young LLP (EY), found that 94% of the 159 executives polled said they need to make ongoing investments in digital capabilities and their tech workforces, but they worry there may not be enough talent available. 

All industries are increasingly adopting digital tools and platforms, but the power sector faces particular pressure to capitalize on tech to lower carbon emissions and advance renewable energy sources. The EY survey included 59 executives whose companies include natural gas operations.

“The low-carbon energy...