Energy Transition

Our Approach to Energy Transition Consulting

Energy transition is extraordinarily complex. It takes partners who are willing to step into the unknown and leverage both existing thinking and new innovations. Our approach blends strategy and implementation, and combines technical enablers—such as new low carbon technologies and artificial intelligence—with the best of human capabilities.

We consult on the full spectrum of energy transition services, including decarbonization solutions and corresponding business opportunities across industries. Our decarbonization efforts focus on scaling up new businesses and technologies such as carbon capture, hydrogen, large scale renewables, and energy storage. In addition, we work with clients on an array of strategic enablers such as workforce evolution, business resilience, and transparent, sustainable supply chains.

The energy transition requires reengineering processes, reorganizing for innovation and agility, and rethinking roles—and goals. It requires emerging technologies and a new culture, one that lets you more easily identify—and more quickly seize—new business opportunities. To accelerate the journey, we explore how to support the transition along four key areas:

1. Define the ambition, strategy, and roadmap. We help develop an energy transition strategy at both the corporate and national levels, with optimized approaches for today and into the future. Whether it’s an equitable energy transition, a net-zero roadmap, or—as in most cases—both, we identify the best path forward while ensuring uninterrupted access to reliable, affordable energy. We assess initiatives and opportunities, set targets, develop business cases, identify technical requirements, set timelines, and design a target operating model. We help you set—and achieve—your vision.
2. Make the core business sustainable. There’s no textbook model for decarbonization, but there is a set of abatement measures, including new energy transition technologies and low- or zero-carbon fuels. The key is to know when and how to apply these levers. We develop emissions baselines and leverage advanced analytics to identify an effective—and affordable—framework for reducing direct (Scope 1), indirect (Scope 2), and supply chain (Scope 3) emissions.
3. Build new sustainable businesses. The energy transition isn’t a cost but a spark—one that ignites new business models and new routes to value. We zero in on the opportunities the energy transition presents, in such areas as biofuels and bioenergy, carbon capture and storage, hydrogen and e-fuels, and new infrastructure and networks for use with renewables. The path forward may differ from client to client, but one idea is central to all our work: an energy transition strategy is a value creation strategy.
4. Enable the transformation. Putting plans into action requires the right skills, resources, roles, and support (from the C-suite down). We develop not only the technical and human capabilities that foster speed and agility—from AI and digital platforms to organizational design and governance—but also a culture of experimentation and responsiveness to change.