90% of Global Businesses Expect to Electrify Operations by 2035

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A survey reveals that 90% of global businesses plan to electrify their operations by 2035 amid concerns about fossil fuel supply volatility and geopolitical instability. The study reflects growing interest in renewable energy and sustainability in international markets.

An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. The polling, conducted by consultancy Public First across key economies and emerging markets, was commissioned by E3G, We Mean Business Coalition, and the Global Renewables Alliance. The survey in late April asked 1,994 business CEOs, VPs, directors, or senior-level management of medium and large organizations in 18 markets how they feel about electrification…