Based on more than 7,500 survey responses from consumers in the U.S. and Canada throughout 2019, here are three themes on the needs of today's energy consumers:

Yet ratepayers have not been able to benefit from these significantly lower costs of clean energy

There is no doubt that we are in the midst of an energy revolution. Not only is the nature of energy changing from fossil-generated energy to renewable – there is a total change in the distribution structure occurring with less focus on centralisation and more on distributed energy.

Question - How are utilities handling enterprise and operational information management?

The power industry is evolving because it must meet a growing demand for electricity, as the world population continues to increase and developing countries industrialise.

EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.

U.S. coal and nuclear power plants will collectively provide more than 25% of electricity generation through 2050.

India’s national transmission grid must urgently modernise to increase the rate of renewable energy adoption

In the AEO2020 Reference case, U.S. crude oil production reaches 14.0 million barrels per day (b/d) by 2022 and remains near this level through 2045 as tight oil development moves into less productive areas and well productivity declines.

Overall, China's power generation rose by 4.7% in 2019, triggered by nuclear power generation (+18%) and renewable power generation (+5.7% for hydropower, +11% for wind and +25% for solar). CO2-free power generation thus accounted for 32.6% of the country's power mix. Thermal power generation grew at a slower pace (+2.4%, with +1.7% for coal-fired power generation).