Insights on Electric Power & Natural Gas

Article

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.
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.
Article

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.
Article

Bringing (solar) power to the people

– Solar home systems can help to bridge the electrification gap in developing countries—if certain conditions are met.
Article

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.

Featured Perspective

What if the latest wind and solar auction results were the new reality of electricity prices?
Article

What if the latest wind and solar auction results were the new reality of electricity prices?

Power auctions have accelerated the energy transition and the rise of renewables. With ever lower auction results being reported, the question arises: what would the effect be on our power markets if the average cost trajectory followed the auction results? We used the Global Power Model to analyze the implication of such a scenario.

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MORE INSIGHTS

Article

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.
Report

How industry can move toward a low-carbon future

– Lowering industry’s carbon emissions will require significant investment and coordinated effort among businesses, governments,... and other stakeholders.
Article

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.
Article

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.
Article

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.
Article

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.
Article

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?
Article

Digital-experience design for the field workforce

– By focusing on valuable and meaningful workforce experiences, utilities can move from incremental improvements to transformative... ones.
Article

Why the future of commercial battery storage is bright

– Many commercial and industrial users can already save money.
Article

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.
Report

A framework for fostering effective energy transitions

– The new Energy Transition Index looks at 114 countries’ energy systems’ performance and transition readiness.
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