Power and utilities companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down and maintaining system reliability. The landscape will continue to alter as new trends in economics, geopolitics, industry behavior, technology, and emissions regulations emerge. These significant shifts pose both a threat and an opportunity for players in the energy-and-environment industry. The strategic allocation of available capital and access to new sources of finance will become increasingly important over the coming decade. Eximius can help organizations to build effective smart grids, transform legacy technology to fully automated back-end operations, understand local policies and regulations and manage risks.
Business Challenges and Issues:
The global electricity industry generates about 20 trillion kilowatt hours (KWh) of electricity and the market will reach $2.2 trillion in 2017, according to an estimate by management consulting firm Lucintel. Global electricity generation is expected to increase by 2.3 percent annually from 2008 to 2035, according to the Energy Information Administration (EIA).
Some of the key challenges for the industry include –
- Volatility in fuel prices, e.g. natural gas is subject to significant price swings
- Environmental legislation and transition to renewable energy sources
- Demand relies on economic activity
- Strategic planning uncertainty
Our Value Proposition:
- Business Transformation
- Smart Grid
- Due Diligence & Market Research
- Technology Enablement