Power and Utilities

We help companies both design regulatory and market development strategies and create operating models to push them toward net zero. With gas players, this involves preparing for an existential transformation, as electrification leads to a reduction in demand for gas, while renewable fuels (such as hydrogen and biogas) are expected to replace natural gas in many sectors that are hard to electrify.

We support our clients in evolving the ways they work across the following three key areas of change:

1. Plan and Fund the Next Generation of Energy Systems: Our gas and electric power consulting team helps clients build capabilities and design their transmission and distribution networks to enable the uptake and utilization of renewable energy resources, including distributed energy resources (DERs), and electrification of future demand. We help players not only make smart decisions across interconnected energy commodities but also take into account the impact of climate change. 
2. Design, Build, and Connect for the Future: Power and utilities companies today face significant challenges building the infrastructure needed to enable a decarbonized world, and doing so at an unprecedented speed and scale. Our utilities consulting team helps clients de-risk the delivery of large capital programs and megaprojects and operate effectively in a constrained supply market. We help companies both build advanced internal capabilities, such as digitally enabled engineering, and redesign connection processes to accommodate renewables, new load, and battery storage.  
3. Operate and Balance the Network: Our power transmission and distribution clients need to manage supply and demand that is far more volatile than it was in the past. This requires both changes in systems and tools to ensure much greater system visibility and new ways of interacting with customers. We help players unlock hidden capacity in power systems through a range of approaches.  

We use AI to help power and utilities companies cut their Scope 1 and Scope 2 emissions, achieve end-to-end productivity improvements (from advanced asset management to field-force efficiency), and lower the risk of wildfires through better vegetation management. By doing so, we help reduce not only companies’ costs but also their carbon impact. In the case of emissions, we begin by carrying out an assessment by scope. Next, we create initiatives, such as fleet electrification and routing optimization, that enable companies to achieve their net zero targets, using computer models to simulate the effect on emissions and costs. We then develop a sequenced roadmap of initiatives, starting with the highest-impact ones. Finally, we monitor client emissions to ensure that the roadmap is successful.