The Utilities Industry 2017 report highlights the challenges and opportunities facing the energy sector. European utilities are struggling to create value, but there is potential for growth through battery storage, digitalization of electrical networks, and demand side management. Nuclear energy faces risks and uncertainties, but also holds potential for the future. The consumption of energy in cities is expected to change radically, and Italian gas distribution tenders offer an opportunity for utilities companies and infrastructure funds. The energy industry is undergoing an unprecedented change, similar to the transitions from wood to coal and coal to oil.