Grid Readiness Seen as Key to Net Zero Ambitions, says New Utilities Study

TAQA and Bloomberg launch Future of Utilities report, highlighting profound shifts in the sector as energy transition advances

Abu Dhabi, UAE – January 17, 2023: Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa, and Bloomberg Media have launched a new global study focused on the future of the utilities sector.

The groundbreaking ‘Future of Utilities’ study, published on the eve of the World Economic Forum’s Annual Meeting in Davos, found that grid readiness and the integration of renewables into the grid network is the biggest single threat to realizing net zero ambitions in the power sector.

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