CHARLOTTE, N.C., April 30, 2025 — A new Honeywell (Nasdaq: HON) survey finds that 91% of U.S. energy leaders are convinced artificial intelligence (AI) has near-term potential to increase energy security. This is reported as BloombergNEF's April 2025 report forecasts global energy demand will increase 32% by 2050, with electricity demand alone forecast to increase 75%.
The 300 U.S. energy and related industries decision-makers were polled by Honeywell in their survey, highlighting the fact that 85% of them are now deploying or piloting AI technologies. While currently AI is considered crucial to their business by only 12%, 81% anticipate it will become so in five years, showing a sharp acceleration in adoption.
Key uses of AI identified are threat detection and cybersecurity (57%), predictive maintenance (52%), and operational efficiency (44%). Besides it, 53% use AI to combat labor shortages and enhance workplace safety, while merely 36% use it to automate tasks.
Honeywell Energy and Sustainability Solutions President and CEO Ken West underscored the role of AI to optimize infrastructure, tap new energy sources, and address some of the most significant industry challenges. With 94% of the respondents presently working with or in the process of considering working with AI solution providers, industry momentum continues to increase.
The survey, conducted by Hudson Pacific between March 24 through April 1, 2025, reflects input from oil and gas, utility, renewable, mining, and chemical industry professionals.