World’s top 50 utilities brands down 7% The total value of the world’s top 50 most valuable utilities brands has declined by 7%, decreasing from US$197.0 billion in 2020 to US$183.6 billion in 2021.

State Grid charges ahead State Grid has retained the title of the world’s most valuable utilities brand by a considerable margin, despite recording a 3% decrease in brand value to US$55.2 billion.

Spanning 26 provinces and supplying power to over 1.1 billion people, equating to a staggering 88% of the population, State Grid is the world’s largest public utility brand. The behemoth also operates overseas in the Philippines, Brazil, Portugal, Australia, and Italy. The brand is continuing to expand its global footprint, particularly in the Latin America region, having announced the purchase of Chilean companies Chilquinta and CGE last year.

Following President Xi Jinping’s bold pledge to make China carbon neutral by 2060, State Grid has outlined its plan to support the nation’s clean energy drive through the development of new infrastructure - including wind, solar, and hydro power - as well as the promotion of electric energy to replace coal and fossil fuels.

Chinese brands dominate Aside from State Grid, a further five Chinese brands feature in the Brand Finance Utilities 50 2021 ranking: CGN (brand value down 2% to US$2.9 billion); GD Power Development (down 7% to US$2.6 billion); Datang Power (down 3% to US$1.8 billion); ENN (down 18% to US$1.7 billion); and China Yangtze Power (up 12% to US$1.1 billion).