It’s a new era for energy utilities. Energy leaders have tossed out the old rulebook to navigate continual change. That’s according to findings in the Black & Veatch 2025 Electric Report. This year’s report is infused with insights from 500 U.S. energy industry stakeholders, and gauges thinking around key industry trends, including AI, data center growth, grid innovation, regulations and more. In its 19^th year, the report is the benchmark to see where you stand — and where to lead next. Read on for more insights. Meanwhile, preregister now to be among the first to receive the full report when its released in October.   

Facing the future: Utility insights on infrastructure, AI, and workforce gaps  

The grid hasn’t changed this fast decades. Utility leaders are facing a collision of pressures: unprecedented demand and infrastructure, market speed and policy drag, digital potential and workforce gaps. This year’s report offers a front-line view into the decisions, technologies and strategies defining the future of the U.S. electric grid.  

“The electric industry has always been full of changes, but never at the speed it is now,” said Todd Edsall, president of Power Providers for Black & Veatch. “Meeting the demands of AI and data centers requires not just new technology and incremental improvements, but building adaptive, intelligent systems from completely new ways of thinking and tight collaboration across the industry.”   

According to the report, 53% of utilities cite limited available power as the top obstacle to getting data centers online, with transmission (47%) and substation upgrades (46%) close behind. 

Drive utility investments with confidence: Align strategy with industry trends 

Where will bold leaders take their organizations next? The report offers essential plays for energy leaders navigating this pivotal moment. While the survey shows utilities leaders feeling challenged by rising demands and policy changes, forward thinking organizations are evolving their relationships with data centers, thinking further ahead on integrated transmission planning, prioritizing cybersecurity readiness and investing in climate risk modeling.  

Unlock utility growth: Grid modernization, clean energy and resilience trends

In addition, this year’s report identifies where demand is accelerating—like AI-driven data centers—and spotlights growth areas such as grid modernization, clean energy and resilience. It offers benchmarking data from hundreds of industry peers, helping utilities align with trends, reduce risk, and confidently invest in infrastructure, cybersecurity, and innovation to stay competitive in a rapidly evolving energy landscape. 

Whether you're a utility executive, policymaker, technology provider, or energy enthusiast, the Black & Veatch 2025 Electric Report offers a timely and thought-provoking look at the forces shaping the future of power. It doesn’t just document change — it invites you to make bold moves. 

Preregister today and be the first to explore the data, insights and expert perspectives driving the next chapter of the electric industry.