Global Business Support for Electrification
Analysis based on 13 articles · First reported Jun 15, 2026 · Last updated Jun 15, 2026
The survey results indicate a strong business demand for clean electrification, driven by energy security and competitiveness concerns. This could lead to increased investment in renewable energy and related technologies, positively impacting companies in the renewable energy sector and potentially those adopting electrification strategies. However, the identified lag in government policies suggests potential regulatory hurdles or opportunities for policy-driven market shifts.
A global survey of business executives across 18 countries, commissioned by E3G, We Mean Business Coalition, and Global Renewables Alliance, reveals overwhelming support for a rapid transition to electrified economies powered by renewables. The findings suggest that geopolitical instability, such as the closure of the Strait of Hormuz, is accelerating this shift, with 91% of business leaders believing electrification improves energy security and 79% finding instability makes the shift more urgent. 90% expect their operations to be electrified by 2035, and a similar percentage believe it will boost economic growth and competitiveness. However, 72% of those surveyed indicate that government policies are not keeping pace, with 62% considering moving operations if their government does not offer sufficient support for electrification. Countries like Australia, Brazil, China, France, Germany, India, Japan, South_Korea, Turkey, United Kingdom, and United States were among those surveyed.
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