Electricity Reinvented 2026

2Unlocking system and business value through innovation Innovation plays a critical role in accelerating the transition to cleaner and more resilient power systems. Its impact can be assessed across seven interlinked outcomes: sustainability, affordability, reliability and flexibility, system resilience, business value, socio-economic impact, institutional efficiency and transparency (see Table 1). Innovations that strengthen system performance enable power systems to meet rising energy demand, improve planning and predictability, optimize operations and integrate new generation and storage while capturing the full value of flexibility. At the same time, power systems will need to build trust, inclusion and enduring value. Business growth, socio-economic benefit and efficient institutions are essential to scale up innovation, attract investment and sustain confidence among governments, investors and consumers. Together, these outcomes capture the spectrum of value that innovation brings – enabling technical progress, economic opportunity and social benefit that define the power systems of the future. Power systems will need to build trust, inclusion and enduring value. Electricity Reinvented: How Innovation is Transforming the Future of Power Systems 5