Energy transition

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Bold action can accelerate the energy transition

Multiple energy transitions are reshaping global energy systems at varying speeds and in different ways. All are set to accelerate.

Energy and resources companies can take the lead in advancing transformation through action across three areas:

  • Building the grid and infrastructure and incentivizing the switch from legacy assets to renewables.
  • Building a minerals and metals supply chain to keep up with demand.
  • Empowering consumers to play a bigger part in the new energy ecosystem.

Organizations that commit to the right actions now can quicken the journey to a decarbonized future and realize significant commercial opportunities.

EY teams focus on the structures, services, financing and cross-industry collaboration needed to accelerate the energy transition and work with you to leverage the emerging technologies and capabilities that will help deliver results.

Read more to discover what EY Power & Utilities, Oil & Gas, and Mining & Metals teams can do for you.

How can smart transformation power the energy transition
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How can smart transformation power the energy transition?

Chin Wong
11 Dec 2023

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How EY can help

Digital grid services

EY Digital Grid helps power companies digitize their grids for a resilient, flexible, data-driven energy system and a clean energy future.

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Global Renewables

The global renewables industry is growing fast, with huge potential for those who aim high, commit first and move fast. EY Global Renewables cuts through the complexity of this changing market to help accelerate your transition to the world of renewable energy.

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Customer Experience Transformation solution

As the energy transition accelerates, what customers want – and the world needs – from energy providers is changing fast. Companies that meet these needs by transforming the customer experience can unlock new opportunities, drive growth, reduce costs and create long-term value.

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EY Sustainability

Explore sustainability & ESG services that help protect and create value for all stakeholders.

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EY Center for Sustainable Supply Chains

Accelerate the transition to sustainable supply chain practices.

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Sustainability tax services

Turn ambitions into action, through a holistic view of your global tax strategy.

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Agile Business Transformation

EY Agile Business Transformation increases the value of SAP technology to help energy and resource companies optimize business processes, protect through compliance reliability and reduced cyber risk exposure, and grow by developing flexible and future-proof IT systems and business models.

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Innovation

Utilities need to innovate and transform their businesses to handle the unprecedented disruption across the sector. Emerging technologies will play a crucial role, and utilities must harness their capabilities to seize the opportunities presented by the new energy world.

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EY UtilityWave

EY UtilityWave is an award-winning, business-led data platform that helps companies transform how they manage, integrate and use data from enterprise systems, IoT devices and other sources to improve performance. Powered by Microsoft technology, EY UtilityWave supports clients in accelerating the digitization of network assets and operations, delivering new energy services and reshaping for the future.

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