Energy providers are already implementing new business models, partnerships, and capabilities to decarbonize the energy system and meet increasingly ambitious targets and commitments. But so are new market entrants, from automakers to oil majors, who are all eager to tap into the electrify-everything (and cleanly) movement.
While many utilities have successfully greened their portfolios, making onshore wind and solar the most competitive form of energy in many markets, driving renewable levelized cost of energy (LCOE) to record levels; zero-emissions targets remain elusive. More action is needed—and urgently—to incorporate both decarbonized and decentralized sources of power onto the grid.
Progressive utilities are adopting a new power model that’s decarbonized, decentralized, digitized, putting people at the heart of their strategy.
We help our clients to make zero-emissions energy industrialized, competitive, and ubiquitous. Our services span the energy value chain from generation, transmission and distribution, to energy trading and retail, from strategy to execution and operations.
Renewable energy generation
Leverage innovative business solutions for renewables companies to generate new value and greater performance. Learn more.
Net-zero connected energy products and services
Explore the opportunities for new growth that new connected energy business models can have for energy companies.
Energy network of the future
Deliver innovative digital business solutions supporting the modernization and enhancement of electricity, gas and water infrastructures. Learn more.
Beyond the electricity system
See how utilities can take charge on the path to net zero, weaving digital and sustainability into their DNA to deliver 360° value. Learn more.
Game changers for a 3-to-1 acceleration
The energy transition in Europe needs to enter a phase of unprecedented acceleration and action is urgently required across the energy system.
In this report we identify five key game changers needed to accelerate action and address the twin energy and climate crisis:
Raise the game on clean and renewable power and grids
Electrify everything that can be electrified
Strengthen the backbone of the transition
Unlock the power of the demand side
Secure signals, secure investment
Find out how technology, human ingenuity and a team game will transform the energy system.
The World Economic Forum, with knowledge partner Accenture, created the Net Zero Carbon Cities program – a cross-sectoral initiative with the goal of creating an enabling environment for clean electrification and circularity, resulting in urban decarbonization and resilience.
The program has developed the City Sprint methodology and Toolbox of Solutions to help guide cities in their pursuit of Net Zero. The format enables stakeholders from both the public and private sector to consider the opportunities and priorities to accelerate decarbonization in the wider local area. The Sprint is a series of action-oriented workshops, identifying impactful solutions for near-term implementation and mobilising local stakeholders to deliver on these shared objectives.