We help utilities, IPPs, power marketeers and energy service providers navigate today’s challenges, anticipate industry direction and regulatory constraints and identify opportunities and threats. We work with them to understand best ways to deploy new technologies and develop and execute strategies and new business models. And we help our clients map customer journeys and improve the customer experience, optimize field service operations and manage assets to extract maximum value. By leveraging our deep industry experience our clients can master a complex environment and make better planning decisions.
Disruption is continuous in the power sector
The power sector has been undergoing multiple disruptions over a number of years. Even before the impact of deregulation and unbundling, which upended the traditional utility model, was absorbed, the industry was again jolted by the onset of distributed and renewable energies as well as energy efficiency initiatives, as a response to societal demands for reduced environmental impact and decarbonization. Now technology is again reshaping the power sector. Rapidly falling costs in wind and solar power make traditional scale economies less valuable and distributed generation more attractive. Digitization is changing the way business is done, effectively transforming a traditional commodity into a sophisticated service offering. Previously shaped mainly by regulation, evolution in the power industry is now driven by technology.
Distributed Energies and Energy Services
We work with clients to build and optimize distributed energy businesses regardless of underlying technologies and applications, from gas engines and small turbines to rooftop solar PV. We help our clients analyze market, regulatory and competitive environments and assess, develop and deploy service business models, including variations of “Build Own Operate Maintain” (BOOM), “Energy Service Company” (ESCO) performance contracting, leasing, or “solar-as-a-service” models. We further help our clients develop strategy to scale; Design and implement effective marketing and sales initiatives; Optimize energy management and implement advanced asset management practices for high levels of operational and financial performance.
We help utilities and asset heavy energy providers improve asset management, reduce cost and risk, while maximizing the value individual assets and fleets bring to the business. We help our clients align asset management strategy, management and processes to business objectives, implement technology, data analytics solutions and advanced practices while ensuring regulatory compliance and conformance to standards such as ISO 55001