Insights on Electric Power & Natural Gas

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Less carbon means more flexibility: Recognizing the rise of new resources in the electricity mix

– Thousands of megawatts of renewable resources—chiefly wind and solar—are in the works. What types of grid services can these provide as electricity markets and policies evolve?
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Are US gas utilities nearing the end of their golden age?

– State-level decarbonization efforts could threaten the business model.
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Building a great data platform

– Five insights into building a great data platform can help energy, chemical, utility, and basic-materials companies get it right.
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The potential impact of electric vehicles on global energy systems

– Electric vehicles are unlikely to create a power-demand crisis but could reshape the load curve. Here’s how to bend that... curve to your advantage.
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Digitizing customer journeys—making a radical but valuable move in EPNG

– With start-ups and new entrants enhancing customer satisfaction through digital solutions, we believe it is time for incumbents... to create seamless digital customer journeys.

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MORE INSIGHTS

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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.
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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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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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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.
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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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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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 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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