Electric Utilities Require a Paradigm Shift in Their Management of Supply Chains to Build the Electricity Grids for the Energy Transition

The huge amount of investment required to get transmission and distribution grids ready for the energy transition means utilities are operating in a constrained supply market environment where critical parts of the supply chain are subject to severe capacity shortages and long lead times. This situation considerably risks delaying the necessary grid build out and hence the energy transition. Addressing it will require a different approach and new capabilities at electric utilities to managing the supply chain.