Increased Load Demand Drives Grid Innovation: Black & Veatch Report Examines New Era for Utilities

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OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov 3, 2025--

Utilities are racing to adapt as rapid growth in AI and cloud computing is reshaping the energy landscape in real time. Only 19% of survey respondents expressed strong confidence in forecasting the increase for power loads, according to the Black & Veatch 2025 Electric Report. The industry is requiring sharper tools, bolder thinking and faster decisions to meet this unprecedented demand for infrastructure and market speed.

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Now in its 19th year, the Black & Veatch 2025 Electric Report reveals a sector at an inflection point, where meeting surging electricity demand has overtaken emissions reduction as the primary focus point for utilities. Driving this demand are data centers, which have construction timelines of just 18 months – far shorter than the six years typically required to develop supporting utility infrastructure.

“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.”

The Black & Veatch 2025 Electric Report shares insights from 500 U.S.-based energy stakeholders, offering a front-line view into the decisions, technologies and strategies defining the future of the U.S. electric industry. Insights from respondents shared in the report include:

• Grid digitalization is exposing utilities to escalating cyber threats as device networks expand into the millions: 40% of respondents now prioritize cybersecurity training over investing in new security tools, recognizing technology alone cannot address human vulnerabilities;
• 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;
• They are prioritizing practical, proven strategies like backup systems (40%), vegetation management (30%) and freeze protection (27%) to address climate impacts;
• Nuclear energy again gained ground as a potential investment with 47% expressing interest in small modular reactors (SMRs);
• Federal climate policy shifts are not reshaping utility plans: 34% expect no impact, and 47% say they will stick to current strategies even if regulations ease;
• Just 22% use unified teams to manage physical and cyber risks despite a 50% rise in substation attacks and growing threats like malware and ransomware.

Learn more about the state of the electric industry and access the full report here.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure and energy assets. Follow us on www.bv.com and on LinkedIn, Facebook and Instagram.

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CONTACT: Media Contact Information:

BRUCE ERIC ANDERSON | +1 952-896-0835 |[email protected]

KEYWORD: UNITED STATES NORTH AMERICA KANSAS

INDUSTRY KEYWORD: TECHNOLOGY CONSTRUCTION & PROPERTY CONSULTING ENGINEERING URBAN PLANNING UTILITIES PROFESSIONAL SERVICES MANUFACTURING ENERGY DATA MANAGEMENT

SOURCE: Black & Veatch

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PUB: 11/03/2025 09:00 AM/DISC: 11/03/2025 09:01 AM

http://www.businesswire.com/news/home/20251103171568/en