Energy transition services for utilities

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.

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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:

1. Raise the game on clean and renewable power and grids
2. Electrify everything that can be electrified
3. Strengthen the backbone of the transition
4. Unlock the power of the demand side
5. Secure signals, secure investment

Find out how technology, human ingenuity and a team game will transform the energy system.