Insights on Electric Power & Natural Gas

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How utilities can keep the lights on

– The past decade has been difficult for many utilities. Here is how they can prosper in the next.
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The offshore-wind industry’s moment of reckoning

– The days of stable and relatively high revenues are ending for Europe’s offshore-wind developers, owners, and operators.... Making money on tomorrow’s low-price projects will require a new degree of discipline.
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How industry can move toward a low-carbon future

– Cutting industry’s carbon emissions will require significant investment and coordinated effort among businesses, governments,... and other stakeholders.
Report - McKinsey Global Institute

Smart cities: Digital solutions for a more livable future

– As cities get smarter, they are becoming more livable and more responsive—and today we are seeing only a preview of what... technology could eventually do in the urban environment.
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The new rules of competition in energy storage

– The costs of energy-storage systems are dropping too fast for inefficient players to hide. The winners in this market will be... those that aggressively pursue and achieve operational improvements.

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The Digital Utility

New challenges, capabilities, and opportunities

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Contracting for performance: Unlocking additional value

– The majority of contracts are lacking basic elements that could enable better vendor performance and cost savings. Here’s... how companies can tighten the rein.
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Winning the cost battle: Success factors in digital transformations for energy retailers

– As the battle for profitability increases, energy retailers are embarking on digital transformations to lower costs.
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Bringing (solar) power to the people

– Solar home systems can help to bridge the electrification gap in developing countries—if certain conditions are met.
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The revival of customer loyalty: How regulated utilities can reshape customer engagement

– With customer expectations rising and new technologies emerging, constant renewal of customer transformations can never be over.
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Why utility boards should care about IT architecture

– Many utilities struggle to match the customer and commercial expectations set by digital leaders. Investing in faster, more flexible... IT architecture can accelerate their digital modernization.
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The global electric-vehicle market is amped up and on the rise

– China remains firmly in the lead on our Electric Vehicle Index. But other pockets of growing public- and private-sector commitment... to these vehicles have emerged.
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Commercial excellence: Powering success in today’s evolving energy retail utility markets

– Across the world, liberalization of energy markets has resulted in additional pressure on established electric-power and natural-gas... players to defend market shares. Our global knowledge initiative explains in a series of articles how to achieve commercial excellence in order to respond to this pressure. This article examines the critical 12 commercial capabilities that really matter and explains in a holistic approach how to build them.
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Hawaii’s quest to become a low-carbon leader

– A decade ago, the state decided to make its energy system cleaner and greener. How is it doing?
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Digital-experience design for the field workforce

– By focusing on valuable and meaningful workforce experiences, utilities can move from incremental improvements to transformative... ones.
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Why the future of commercial battery storage is bright

– Many commercial and industrial users can already save money.
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Fueling utility innovation through analytics

– Utilities around the world are making big investments in advanced analytics. Getting the full value, however, requires rethinking... their strategy, culture, and organization.
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