Conventional Power Generation
In a challenging environment, BCG helps companies regain competitiveness and fund the journey to prepare for the future.
After a long period of general stability, power and utilities companies entered a time of significant change and uncertainty—beginning in 2010. Challenges include new and more stringent regulations, new forms of competition (even for regulated utilities), and questions about the best ways for power and gas grids to integrate conventional and renewable supplies. At the same time, digital is transforming how utilities serve customers, identify market opportunities, and plan for long-term growth. To thrive in this environment, utilities must reexamine and, in many cases, transform their business models.
In a challenging environment, BCG helps companies regain competitiveness and fund the journey to prepare for the future.
Companies turn to BCG to deliver value through strategy, scale, and new technologies in this growing sector.
With a range of techniques, BCG works with retailers to upgrade their strategy and operations.
Clients work with BCG to maximize the value of their power portfolio and discover other valuable solutions.
Clients work with BCG to adapt their business models for DER challenges and opportunities.
For more topics related to the power and utilities industry, read about supply chain management, large capital project management, and procurement.
BCG works with power and utilities companies around the globe to unlock solutions across the entire value chain of their portfolio, creating long-lasting growth and a clear path ahead.
With the evolution of today’s energy market, utilities must be prepared to reinvent themselves. BCG helps its global utility clients undertake five crucial steps in this process:
BCG delivers lasting change to our clients around the globe. Read about the impact we’ve had and the solutions we bring, and discover some of our best thought leadership.
Amid the challenges of climate change, volatile energy prices, and regulatory changes, BCG’s global energy scenario model helps companies make the best decisions possible.
BCG’s digitization health check helps power generators better understand and optimize their use of digital technologies.
BCG worked with a major European utility to design a strategy that would reduce customer attrition in the face of intensifying competition.
BCG worked with a large international energy utility to overhaul its core business and culture, resulting in substantial gains in operating efficiency and overall business performance.
The Center for Energy Impact (CEI) aims to engage a changing industry in new and different ways by providing challenging ideas to drive performance. We shape thinking about the future availability, economics, and sustainability of the world's energy sources—and the implications for energy companies and their portfolios.
BCG’s Center for Digital in Power & Utilities uses deep utility experience combined with a structured approach to help companies define the digital vision, build new offerings, transform core businesses, and establish a solid foundation for full-scale digital transformation.
We partner with clients across the public, private, and social sectors to align their strategy, operations, and stakeholder engagement with a low-carbon world. Our work is supported by BCG’s range of consulting experience across all industries and capabilities, as well as by our expanding reach of brands.
Players that shift from centralized conventional generation toward a more distributed and digital approach are likely to become the next decade’s value creation leaders.
The company’s director of operations explains how the startup energy retailer provides a top-notch experience while keeping costs down.
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