World Utility Summit was conceptualised to provide a wider forum for utilities to deliberate together on changes that will come, probable ideas and solutions to deal with continuous changes. World Utility Summit is scheduled in 2023 with theme Sustainable Transformation of Utilities. The electricity ecosystem is undergoing an unprecedented transformation with the proliferation of renewables, distributed generation of resources and electric vehicles on one side and consumer activism and regulatory pressures on other. These developments can help utilities to embrace the complexities of the network and to prepare to drive decisions based on probabilities and real-time data.