The global effort to achieve net zero emissions by 2050 faces a significant challenge, particularly in heavy industries such as steel, metals, mining, and chemicals. Failure to decarbonize these sectors not only impacts their own emissions but also affects the entire industrial sector. The article emphasizes the vital role of utilities in driving industrial decarbonization by making it economically viable. The current high costs of low-carbon energy and hydrogen hinder the competitiveness of green industrial products. To address this issue, utilities must work on reducing costs, increasing the supply of low-carbon power and hydrogen, and providing certainty of supply to heavy industries. A substantial investment of US$13.5 trillion is projected to be necessary to build clean energy infrastructure for decarbonizing manufacturing sectors, including the integration of renewables, nuclear energy, hydrogen (green and blue), and carbon management solutions. The article stresses the importance of strategies such as reducing infrastructure costs, leveraging digitization, and fostering collaboration to accelerate the transition to low-carbon technologies. It calls for more coordinated investments and collaboration between utilities and heavy industries to scale up the efforts effectively. The transition towards net zero emissions will require a complex, distributed, and interconnected energy system, emphasizing the need for diverse stakeholders to work together towards a common goal. The article underscores the urgency of action, stating that the next three years are critical in shaping the success trajectory towards 2050. It highlights the importance of utilities defining their role in industrial decarbonization and fostering deeper collaboration to drive the necessary changes.