“Electrification is the biggest opportunity we have in a generation to grow our business. I haven’t seen anything like this in my career and I don’t know that anyone else will either. I think that the next ten years are really going to be transformational for electrical distribution,” Paul Kennedy, President and Chief Executive Officer for DSG said.
Electrification means that the country will move from being fossil-fuel-powered to electric-powered. This means creating generation capacity and the infrastructure to support it. Upgrading the infrastructure from the point of use to the point of generation falls upon the electrical industry.
“That is all going to transition to electrical over the course of the next 10-15 years; it’s going to touch everything that we do and everything we distribute,” Kennedy said.
Due to the increased investment from both public/private funding and government funding, DSG has dedicated more resources and people towards electrification within the company.
“We’ve marshalled more resources to our electrical segment because right now it is the biggest opportunity for continued growth with the investment that’s being made in the transition that’s happening with electrification, so it’s really about focusing efforts with people to our electrical segment,” Kennedy said.
Within this segment, one focus is rethinking how DSG gets products from their manufacturers into the field and to their customers.
“I think some of the things that we distribute are changing. The hard goods distribution as well as the software and control systems within this new investment that’s being made in the infrastructure grid,” Kennedy said.
In order to meet climate change goals that the U.S. has made, the electrical industry is on the front lines.
“Generationally transformational, this opportunity is going to be like nothing we’ve ever seen, so I think the exponential impact on electrical distribution can’t be overstated. The amount of investment that needs to be made to meet some aggressive climate change goals is staggering,” Kennedy said.
As the electrical industry begins to help support these climate change goals, more attention from the press has been drawn to the electrical industry. This is causing different conversations with recruits to join companies like DSG.
“We have a generation today that is more aware of and concerned with the sustainability of what’s going on in the world with climate, I believe that electrification will play into us being good stewards or better stewards of the environment as we move forward so another good recruiting message there as well,” Kennedy said.
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