Electrification

OVERVIEW

A comprehensive product offering to electrify the industry

Innovative cable solutions are designed to meet diverse application needs and take advantage of opportunities provided by electrification.

 

The transition to electrification is pivotal in achieving global decarbonization goals. Over the next 30 years, the share of electricity in the energy mix is set to double to 40%, driven by the shift from fossil fuels to renewable energy sources and the expanding use of electricity in applications like data centers. As the demand for electricity applications grows, there is a pressing need for specialized cable solutions. 

With our new Connect to Lead business strategy, we are poised to seize the opportunities presented by this market-shaping megatrend and emerge as a leading global provider of cable solutions, driving the energy transition and digital transformation.

The electrification of energy end-uses

The energy system's decarbonization relies on electrification. Electrification, powered by renewable energy, involves replacing fossil fuel power sources with electricity generated from renewable sources for various uses. This shift will see electricity directly covering the majority of final energy uses.

Connect to Lead in Electrification

According to its new Connect to Lead business strategy, Prysmian aims to seize the opportunities stemming from the structural megatrends shaping the cable industry and become a global cable solution provider. In line with this mission, the Electrification business unit:

  • Provides a wide-range cable offering to support the continuous growth of electrical applications in all industry segments on a global scale
  • Offers cutting-edge technologies and future-proof sustainable solutions
  • Continues co-developing solutions tailored to customer needs
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