Wartsila CEO: Balancing power key long-term energy growth driver
Wartsila CEO Hakan Agnevall cited sustained demand across Energy and Marine, supported by electrification, renewable integration, energy security, and AI-driven power needs. Data centers remained a key growth theme, though they account for less than half of Energy equipment order backlog. Balancing power was framed as a major long-term Energy opportunity as renewable penetration rises, with demand strongest in the US.