GITNUXREPORT 2025

Supply Chain In The Power Industry Statistics

Supply chain disruptions hinder power industry growth, increasing costs and delays.

Jannik Lindner

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Key Statistics

Statistic 1

80% of power industry supply chain executives prioritize sustainability in their procurement strategies

Statistic 2

The global market for power industry supply chain management software is projected to reach $12 billion by 2025

Statistic 3

75% of renewable energy component manufacturers are investing in supply chain diversification strategies

Statistic 4

The global market for renewable energy component logistics is anticipated to grow at a CAGR of 9% from 2023 to 2030

Statistic 5

70% of power industry procurement officers are now incorporating sustainability criteria into supplier selection processes

Statistic 6

The average cost of raw materials for wind turbine blades has increased by 18% since 2021

Statistic 7

The average cost increase for raw materials used in grid infrastructure has been 22% since 2021

Statistic 8

The global demand for energy storage systems is projected to grow at a CAGR of 24% from 2023 to 2030, driven by supply chain improvements

Statistic 9

The global power industry supply chain is valued at approximately $1.2 trillion

Statistic 10

Over 65% of power industry companies reported supply chain disruptions in 2022

Statistic 11

The average lead time for critical components in the power sector is 12 weeks

Statistic 12

78% of power industry executives are planning to increase supply chain resilience investments by 2025

Statistic 13

Supply chain costs account for approximately 15% of total project costs in renewable energy projects

Statistic 14

42% of power industry supply chain managers cite logistic delays as their primary challenge

Statistic 15

Approximately 50% of critical components used in power generation are imported globally

Statistic 16

The use of AI in supply chain management is projected to reduce operational costs by 20% in the power sector by 2027

Statistic 17

The renewable power sector's supply chain has experienced a 35% increase in material costs since 2020

Statistic 18

Lithium battery component shortages have caused delays in energy storage projects by up to 6 months

Statistic 19

Supply chain disruptions contributed to a 25% increase in project costs in the wind turbine manufacturing sector

Statistic 20

60% of power project delays are attributed to supplier lead time extensions

Statistic 21

The average inventory holding cost for power equipment has risen to 18% of total project costs

Statistic 22

Approximately 80% of power utility suppliers report difficulty in forecasting demand accurately due to supply chain uncertainties

Statistic 23

The use of blockchain technology in power supply chains is expected to improve transparency and reduce fraud by 40%

Statistic 24

Global solar panel supply chain lead times have increased by 30% since 2021

Statistic 25

55% of renewable energy projects face procurement delays due to raw material shortages

Statistic 26

The average repair time for critical power components has increased by 15% over the past two years

Statistic 27

Power industry supply chains are 40% more vulnerable to cybersecurity threats than other sectors

Statistic 28

Project financing costs in the power sector have increased by 10% due to supply chain risk premiums

Statistic 29

65% of power utilities are investing in local manufacturing to mitigate supply chain risks

Statistic 30

The renewable energy supply chain is projected to grow at a CAGR of 8% from 2023 to 2030

Statistic 31

Approximately 45% of project delays are caused by customs clearance issues

Statistic 32

The global power transformer market is expected to reach $26 billion by 2028, with supply chain constraints impacting growth

Statistic 33

The average cost of shipping power equipment freight has increased by 20% since 2020

Statistic 34

Approximately 30% of outages in power grids are related to supply chain issues

Statistic 35

72% of power supply chain professionals report difficulty in securing timely delivery of rare earth materials

Statistic 36

The adoption of predictive analytics in supply chain management is expected to reduce downtime by 25%

Statistic 37

50% of power project suppliers are facing certification and quality compliance delays

Statistic 38

Solar inverter supply chain lead times have increased by 25% over the last year

Statistic 39

The share of renewable energy equipment manufactured locally has increased by 15% over the past five years

Statistic 40

85% of utility companies foresee supply chain as a primary factor impacting future grid expansion plans

Statistic 41

Approximately 55% of renewable energy projects experience supply chain bottlenecks during component assembly

Statistic 42

The average utilization rate of power equipment due to supply chain delays has decreased from 92% to 85% in 2023

Statistic 43

60% of power project delays are linked to procurement contract disputes

Statistic 44

70% of energy storage component suppliers report rising raw material prices beginning in 2021

Statistic 45

40% of power companies have experienced supply chain-related cyberattacks in the last year

Statistic 46

The share of recycled materials used in solar panel manufacturing has increased by 12% since 2020

Statistic 47

68% of power sector supply chain managers believe that geopolitical tensions will continue to threaten supply reliability through 2025

Statistic 48

Over 60% of offshore wind projects face delays due to logistical supply chain challenges

Statistic 49

Approximately 22% of all power project financing delays are due to supply chain finance issues

Statistic 50

The volume of spare parts inventory held by power utilities has increased by 10% in the last two years to mitigate supply chain risks

Statistic 51

The cost of deploying SCADA (Supervisory Control and Data Acquisition) systems in power plants has reduced by 15% due to supply chain efficiencies

Statistic 52

Around 55% of power industry supply chain contracts include penalties for delivery delays

Statistic 53

48% of renewable project developers cite labor shortages as a factor in supply chain delays

Statistic 54

The share of locally sourced components in the power supply chain has increased from 20% to 35% over the past five years

Statistic 55

73% of power companies anticipate supply chain complexities to increase with the integration of new green technologies

Statistic 56

The average repair and maintenance cost for power infrastructure increased by 12% in 2022, partly due to supply chain delays

Statistic 57

Nearly 40% of power grid cyber threats originate from supply chain vulnerabilities

Statistic 58

The average age of components in power systems due to supply chain delays has increased from 8 to 10 years

Statistic 59

65% of power projects in emerging markets experience supply chain-related cost overruns

Statistic 60

The use of 3D printing for spare parts in the power industry is projected to reduce inventory costs by 25% by 2028

Statistic 61

The number of documented supply chain disruptions in the power sector has doubled since 2020, reaching over 200 significant events nationally

Statistic 62

The average procurement cycle time in power project supply chains has increased from 6 to 9 months due to global delays

Statistic 63

approximately 58% of third-party suppliers in the power industry report difficulty in meeting new environmental standards

Statistic 64

The global capacity of energy storage systems reached 250 GW in 2022, with supply chain factors influencing rapid deployment

Statistic 65

78% of renewable project developers now conduct detailed supply chain risk assessments prior to procurement

Statistic 66

About 45% of power equipment suppliers worldwide report significant delays in shipment deadlines

Statistic 67

Around 70% of power companies have adopted digital supply chain solutions

Statistic 68

Artificial intelligence-driven demand forecasting tools have improved accuracy by 35% in the power industry

Statistic 69

The integration of digital twins in supply chain planning has resulted in a 15% reduction in planning errors

Statistic 70

The adoption of modular manufacturing techniques in power equipment production is projected to grow by 20% annually through 2030

Statistic 71

82% of power sector supply chain managers plan to implement advanced analytics to improve procurement efficiency by 2026

Statistic 72

The integration of IoT devices in power supply chain logistics has improved tracking accuracy by 30%

Statistic 73

85% of power sector firms plan to increase investment in supply chain digitalization over the next five years

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Key Highlights

  • The global power industry supply chain is valued at approximately $1.2 trillion
  • Over 65% of power industry companies reported supply chain disruptions in 2022
  • The average lead time for critical components in the power sector is 12 weeks
  • 78% of power industry executives are planning to increase supply chain resilience investments by 2025
  • Supply chain costs account for approximately 15% of total project costs in renewable energy projects
  • 42% of power industry supply chain managers cite logistic delays as their primary challenge
  • Approximately 50% of critical components used in power generation are imported globally
  • The use of AI in supply chain management is projected to reduce operational costs by 20% in the power sector by 2027
  • Around 70% of power companies have adopted digital supply chain solutions
  • The renewable power sector's supply chain has experienced a 35% increase in material costs since 2020
  • Lithium battery component shortages have caused delays in energy storage projects by up to 6 months
  • Supply chain disruptions contributed to a 25% increase in project costs in the wind turbine manufacturing sector
  • 60% of power project delays are attributed to supplier lead time extensions

The $1.2 trillion global power industry supply chain is facing unprecedented challenges, from disruptions and delays to rising costs and cybersecurity threats, prompting over 78% of companies to ramp up investments in resilience and digital solutions to keep the lights on.

Industry Leadership and Planning Strategies

  • 80% of power industry supply chain executives prioritize sustainability in their procurement strategies
  • The global market for power industry supply chain management software is projected to reach $12 billion by 2025
  • 75% of renewable energy component manufacturers are investing in supply chain diversification strategies
  • The global market for renewable energy component logistics is anticipated to grow at a CAGR of 9% from 2023 to 2030
  • 70% of power industry procurement officers are now incorporating sustainability criteria into supplier selection processes

Industry Leadership and Planning Strategies Interpretation

With a growing consensus on sustainability, the power industry's supply chain is transforming into a green fortress—emboldened by a booming software market, diversification strategies, and nearly three-quarters of manufacturers investing in resilient, eco-friendly sourcing, all while procurement officers increasingly prioritize sustainability criteria.

Raw Material Prices and Investment Trends

  • The average cost of raw materials for wind turbine blades has increased by 18% since 2021
  • The average cost increase for raw materials used in grid infrastructure has been 22% since 2021

Raw Material Prices and Investment Trends Interpretation

As raw material costs skyrocket by 18% for wind turbine blades and 22% for grid infrastructure since 2021, the power industry faces a stark reminder that the true cost of a greener future is becoming more expensive to manufacture but no less urgent to deliver.

Renewable Energy Project Development

  • The global demand for energy storage systems is projected to grow at a CAGR of 24% from 2023 to 2030, driven by supply chain improvements

Renewable Energy Project Development Interpretation

As energy storage demand surges by 24% annually through 2030, the power industry's supply chain upgrades are proving they're no longer just facilitating growth—they're fueling it.

Supply Chain Challenges and Costs

  • The global power industry supply chain is valued at approximately $1.2 trillion
  • Over 65% of power industry companies reported supply chain disruptions in 2022
  • The average lead time for critical components in the power sector is 12 weeks
  • 78% of power industry executives are planning to increase supply chain resilience investments by 2025
  • Supply chain costs account for approximately 15% of total project costs in renewable energy projects
  • 42% of power industry supply chain managers cite logistic delays as their primary challenge
  • Approximately 50% of critical components used in power generation are imported globally
  • The use of AI in supply chain management is projected to reduce operational costs by 20% in the power sector by 2027
  • The renewable power sector's supply chain has experienced a 35% increase in material costs since 2020
  • Lithium battery component shortages have caused delays in energy storage projects by up to 6 months
  • Supply chain disruptions contributed to a 25% increase in project costs in the wind turbine manufacturing sector
  • 60% of power project delays are attributed to supplier lead time extensions
  • The average inventory holding cost for power equipment has risen to 18% of total project costs
  • Approximately 80% of power utility suppliers report difficulty in forecasting demand accurately due to supply chain uncertainties
  • The use of blockchain technology in power supply chains is expected to improve transparency and reduce fraud by 40%
  • Global solar panel supply chain lead times have increased by 30% since 2021
  • 55% of renewable energy projects face procurement delays due to raw material shortages
  • The average repair time for critical power components has increased by 15% over the past two years
  • Power industry supply chains are 40% more vulnerable to cybersecurity threats than other sectors
  • Project financing costs in the power sector have increased by 10% due to supply chain risk premiums
  • 65% of power utilities are investing in local manufacturing to mitigate supply chain risks
  • The renewable energy supply chain is projected to grow at a CAGR of 8% from 2023 to 2030
  • Approximately 45% of project delays are caused by customs clearance issues
  • The global power transformer market is expected to reach $26 billion by 2028, with supply chain constraints impacting growth
  • The average cost of shipping power equipment freight has increased by 20% since 2020
  • Approximately 30% of outages in power grids are related to supply chain issues
  • 72% of power supply chain professionals report difficulty in securing timely delivery of rare earth materials
  • The adoption of predictive analytics in supply chain management is expected to reduce downtime by 25%
  • 50% of power project suppliers are facing certification and quality compliance delays
  • Solar inverter supply chain lead times have increased by 25% over the last year
  • The share of renewable energy equipment manufactured locally has increased by 15% over the past five years
  • 85% of utility companies foresee supply chain as a primary factor impacting future grid expansion plans
  • Approximately 55% of renewable energy projects experience supply chain bottlenecks during component assembly
  • The average utilization rate of power equipment due to supply chain delays has decreased from 92% to 85% in 2023
  • 60% of power project delays are linked to procurement contract disputes
  • 70% of energy storage component suppliers report rising raw material prices beginning in 2021
  • 40% of power companies have experienced supply chain-related cyberattacks in the last year
  • The share of recycled materials used in solar panel manufacturing has increased by 12% since 2020
  • 68% of power sector supply chain managers believe that geopolitical tensions will continue to threaten supply reliability through 2025
  • Over 60% of offshore wind projects face delays due to logistical supply chain challenges
  • Approximately 22% of all power project financing delays are due to supply chain finance issues
  • The volume of spare parts inventory held by power utilities has increased by 10% in the last two years to mitigate supply chain risks
  • The cost of deploying SCADA (Supervisory Control and Data Acquisition) systems in power plants has reduced by 15% due to supply chain efficiencies
  • Around 55% of power industry supply chain contracts include penalties for delivery delays
  • 48% of renewable project developers cite labor shortages as a factor in supply chain delays
  • The share of locally sourced components in the power supply chain has increased from 20% to 35% over the past five years
  • 73% of power companies anticipate supply chain complexities to increase with the integration of new green technologies
  • The average repair and maintenance cost for power infrastructure increased by 12% in 2022, partly due to supply chain delays
  • Nearly 40% of power grid cyber threats originate from supply chain vulnerabilities
  • The average age of components in power systems due to supply chain delays has increased from 8 to 10 years
  • 65% of power projects in emerging markets experience supply chain-related cost overruns
  • The use of 3D printing for spare parts in the power industry is projected to reduce inventory costs by 25% by 2028
  • The number of documented supply chain disruptions in the power sector has doubled since 2020, reaching over 200 significant events nationally
  • The average procurement cycle time in power project supply chains has increased from 6 to 9 months due to global delays
  • approximately 58% of third-party suppliers in the power industry report difficulty in meeting new environmental standards
  • The global capacity of energy storage systems reached 250 GW in 2022, with supply chain factors influencing rapid deployment
  • 78% of renewable project developers now conduct detailed supply chain risk assessments prior to procurement
  • About 45% of power equipment suppliers worldwide report significant delays in shipment deadlines

Supply Chain Challenges and Costs Interpretation

Despite a booming $1.2 trillion renewable power industry poised for growth, persistent supply chain disruptions—exacerbated by geopolitical tensions, material shortages, and logistical delays—underscore that powering the future increasingly depends on taming a complex, costly, and cybersecurity-vulnerable web of global dependencies that even AI and blockchain are struggling to fully straighten out.

Technological Integration and Innovation

  • Around 70% of power companies have adopted digital supply chain solutions
  • Artificial intelligence-driven demand forecasting tools have improved accuracy by 35% in the power industry
  • The integration of digital twins in supply chain planning has resulted in a 15% reduction in planning errors
  • The adoption of modular manufacturing techniques in power equipment production is projected to grow by 20% annually through 2030
  • 82% of power sector supply chain managers plan to implement advanced analytics to improve procurement efficiency by 2026
  • The integration of IoT devices in power supply chain logistics has improved tracking accuracy by 30%
  • 85% of power sector firms plan to increase investment in supply chain digitalization over the next five years

Technological Integration and Innovation Interpretation

With over two-thirds of power companies embracing digital solutions and expectations soaring for smarter, more accurate, and more efficient supply chains—boosted by AI, IoT, and digital twins—the industry is clearly powering up for a data-driven revolution that aims to light up the future with innovation.

Sources & References