Most businesses expect operations to go electric by 2035, survey finds

[OKIsItJustMe]

https://www.reuters.com/business/energy/most-businesses-expect-operations-go-electric-by-2035-survey-finds-2026-06-15/

By Simon Jessop
June 15, 2026 1:06 AM EDT

LONDON, June 15 (Reuters) - Most businesses expect their operations to be largely electrified by 2035 ​as they shift from fossil fuels, ‌a survey of corporate leaders from 18 countries released on Monday showed.

• Consultancy Public First surveyed 1,994 executives ​and senior managers of organisations with revenues ​of $1 million-plus between April 20-26.
• Commissioned by E3G, ⁠We Mean Business Coalition and the Global ​Renewables Alliance.
• Companies based in Australia, Brazil, China, Colombia, ​France, Germany, India, Indonesia, Japan, Kenya, Nigeria, Philippines, Poland, South Africa, South Korea, Turkey, United Kingdom and United ​States.
• 90% of respondents say they expect their ​operations to be largely electrified by 2035.
• 90% say moving ‌to ⁠a renewables-based electricity system is likely to boost economic growth.
• 88% say electrifying their operations will make their business more competitive.
• 91% say electrification would ​improve energy ​security.
• 79% say ⁠instability has made their own business shift to electrification more urgent.
• 72% ​say government policies are lagging behind.
• Maria Mendiluce, ​CEO, ⁠We Mean Business Coalition said: “This polling points to a profound shift in the global economic ⁠landscape. ​Businesses are increasingly seeing electrification ​as the foundation of future competitiveness, energy security and economic ​resilience.

[RockRaven]

1. FWIW the survey was done in late April, amidst the shock in fuel prices/supply due to the Trump-Iran War.

While fuel prices will likely not return to prewar levels in the foreseeable future, I do wonder how durable the opinions are (i.e. will they backslide if the supply situation improves).

[OKIsItJustMe]

2. I think they may be getting the idea that this is not a one time affair

(Gas prices in the U.S. are kept artificially low.)