Ernst & Young LLP (EY US) has launched the EY Future of Energy Survey, examining how oil and gas, chemicals, and power and utility companies view emerging technologies, workforce skills, and industry challenges. Conducted by TRUE Global Intelligence between November and December 2024, the survey gathered insights from 1,020 executives and employees across the energy sector. Findings indicate that the top three trends expected to positively impact the
The survey also highlights a significant focus on workforce reskilling, with 91% of power and utilities executives and 85% of oil and gas and chemicals executives believing it is essential for future success. Yet, current retraining efforts remain limited, widening the gap between business needs and action. While a growing number of leaders recognize the agility of their workforce, many still view organizational culture as a barrier to digital adoption. As the industry faces new policies and technological shifts, energy organizations are exploring strategies such as outsourcing, automation, and talent development to stay competitive.
