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29 November 2016 - EY

10th European IFRS Power and Utilities roundtable Brussels29 November 2016 Figure 1: Disruption is forcing power and utilities to re-evaluate existing business modelsUtility disruption driversInfrastructureinvestmentIncreased distributed generation attractivenessReduced demand growthHigher energyefficiencyChangingenergy mixand distributed generationEmpoweredcustomersDigitization Market andpolicy reformsRegulatoryframeworksNewcompetitor sTalent anddiversitySector intransformationTraditional utility outlookIncreasing distributed generation grid parityChanging energy sourcesDecreasing customer trustChanging behaviors and regulatory

Charles-Emmanuel Chosson EY Global Assurance Leader — Power & Utilities Office: +44 207 951 7869 cchosson@uk.ey.com Dennis Deutmeyer EY Global IFRS Leader — Power & Utilities

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