European power industry leaders and policymakers gathered in Helsinki for Eurelectric's Power Summit 2026 to discuss challenges such as AI's impact on the power sector, industrial electrification, and supply and infrastructure security. The power sector is facing unprecedented threats due to a spike in power demand, geopolitical uncertainties, and the need to decarbonize and digitalize. The conversation highlighted the need for better orchestration of electrification technologies in industry and the importance of supply security and geopolitical resilience, with AI being discussed as both a burden and an opportunity for the power industry. Investment in AI is growing and seen as beneficial to revenue by executives, while Nordic energy systems have been successful in decarbonizing electricity production over the past 50 years, leading to optimism for the future of the energy sector.