Power & Utilities

Helping you master transformation in power and utilities

Power and utilities companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down and maintaining system reliability.

Our Global Power & Utilities Center can help you meet the coming changes and resulting challenges. We have over 4,400 power and utilities professionals worldwide with the broad experience to help you create strategies for future growth.

Key issues shaping the power and utilities environment today include:


  • Reshaping the generation mix and renewing aging networks

    Faced with ongoing policy pressure to reduce carbon emissions, the sector has an opportunity to reshape the generation mix completely over the next 30 years, through a mix of technologies. But aging infrastructure means major investment decisions must be taken today.

    These will have implications across the value chain as networks respond to different demands from generators and suppliers.

    Companies are considering how best to react to the introduction of low-carbon generation technologies, with a host of ongoing ‘make or buy’ questions.

    Against the over-riding imperative of maintaining security of supply, key challenges include:

    • Deciding on the best generation mix for a particular market
    • Navigating policy regimes from country to country
    • Funding the acquisition or construction of low-carbon generation assets
    • Managing the risks of large-scale construction projects
    • Engaging with customers over the value of a low-carbon future.

    Related content

  • Making sense of the smart transformation

    The introduction of smart technology is an immediate challenge in terms of funding and making the right technology choices.

    The focus of smart today varies.

    In Europe and the US, improving consumers' responsiveness to price signals and enabling the connection of distributed renewable power to the network is key. Elsewhere, improving network resilience and allowing large-scale power transmission is often more important.

    Either way, matching supply and demand will become increasingly complex.

    Longer term, smart technology is likely to cause major disruptions to existing business models and P&Us cannot afford to view it as simply an infrastructure upgrade.

    • All significant business processes will be affected by smart technology. Major change programs may be needed to realize potential benefits and keep stakeholders engaged.
    • P&Us need to get ready for the reality of 'big data'. Smart roll-outs will result in huge increases in data, and winners will be on top of this, able to handle the increased risks that the data flood brings and use the data to extract added value.
    • Individual state regulations supporting customer rights, such as meter opt-out clauses, will affect how P&Us do business.

    Smart grids will enable two-way energy flows, encouraging customers to play a new role in determining their energy consumption and putting new strain on existing network assets and mechanisms.

    Related content


Related content

EY - Spotlight on power and utilities mega projects

Spotlight on power and utilities mega projects

How can a new wave of investment transform our energy future and support long-term growth?

EY - RECAI - issue 48, October 2016

RECAI - issue 48, October 2016

October's issue of RECAI reveals news of renewable energy tenders, investor appetites for the green bond market and how renewables are racing ahead of the capacity of the grid.

EY - US energy policy in the Trump Administration

US energy policy in the Trump Administration

Discover Washington’s latest stance on topics such as deregulation, oil and gas, climate change, coal and other energy policies.

EY - Power and Utilities Maturity Model and Architecture

Power and Utilities Maturity Model and Architecture

Need a kick-start to your project with minimal risk involved? Our Capital Projects Power and Utilities Maturity Model and Architecture (PUMMA) can help.


Connect with us

Stay connected with us through social media, email alerts or webcasts.

EY - Choices enabling energy footprint of the future

Choices enabling energy footprint of the future

Join energy leaders at EY’s Energy Reimagined Summit: an exclusive executive forum to bring fresh insights and leading practices to build a better working world.

 

Visit our new Connected microsite