Read our new UK & Ireland Power & Utilities Policy & Regulation bulletin, in which we share our thoughts on topical issues across the sector.
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Power & Utilities
Helping you master transformation in power and utilities
Those currently involved in the UK energy supply sector have to respond to the challenges of the energy trilemma – the need to define and bring about the right balance between environmental (particularly low carbon), security of supply and cost pressures.
At EY we can help you to respond to these challenges providing assurance, tax, transaction and advisory services that are tailored to your needs.
And we don’t just react to changing market conditions, we help shape them. We’ve analysed the issues to understand the impact they have on you and the way you do business.
- 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.
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With the energy landscape for corporate consumers shifting, energy is no longer just a commodity – it needs careful management. Our 3D Energy Strategy™ can help.