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Power & Utilities

Strategy for the Next Decade

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.

Related Topics

For more topics related to the power and utilities industry, read about supply chain management, large capital project management, and procurement.

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:

  1. Become a genuinely agile organization, ready for an uncertain future.
  2. Define the strategy for legacy assets and the future portfolio of activities, including the value of vertical integration.
  3. Deliver growth with new business models, becoming more customer centric.
  4. Improve operational performance and align with shareholder expectations for the future portfolio.
  5. Become fit for the future through digital, a changed culture, and more.

How BCG Delivers Impact in Power & Utilities

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.

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Global Energy Scenario Model

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.

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Digital Health Check: Power Generation Digitization

BCG’s digitization health check helps power generators better understand and optimize their use of digital technologies.

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Utility Reduces Churn and Boosts Profits

BCG worked with a major European utility to design a strategy that would reduce customer attrition in the face of intensifying competition.

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A Utility Transforms Its Operations and Culture

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.

Women in Energy

A Commitment to Gender Balance

A Commitment to Gender Balance

A Commitment to Gender Balance

How Diverse Teams Improve Problem Solving and Success

How Diverse Teams Improve Problem Solving and Success

The Importance of Building a Culture of Equality to Achieve Gender Balance

The Importance of Building a Culture of Equality to Achieve Gender Balance

Ensuring Commitment from Senior Leadership to Achieve Gender Balance

Ensuring Commitment from Senior Leadership to Achieve Gender Balance

How Gender Bias Has Changed over the Last Few Years

How Gender Bias Has Changed over the Last Few Years

Our Centers of Expertise

Learn More About the Power & Utilities Sector

Accelerating Transformation for an Uncertain Future: Value Creation in Power and Utilities 2020 - rectangle

Value Creation in Power and Utilities 2020

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.

Octopus Energy’s Cutting-Edge Customer Service: An Interview with Jon Paull - Rectangle

Octopus Energy’s Cutting-Edge Customer Service: An Interview with Jon Paull

The company’s director of operations explains how the startup energy retailer provides a top-notch experience while keeping costs down.

Dispatch from Davos: Energy Companies and the Race to Save the Planet Energy companies are leveraging technology and collaboration to decarbonize their business, transition to new sources of energy, and build a cleaner future." Read on LinkedIn >>

Alan Thomson
Managing Director & Senior Partner
Houston

Transformation, the New Norm in Energy in the 2020s Always-on transformation is becoming the default state in the energy industry. Read on LinkedIn >>

Björn Ewers
Managing Director & Partner, Middle East

Energy transition: the new and necessary mindset for the energy sector At last week’s Mexican Energy Forum, I gave a keynote on a topic of serious importance to energy sector leaders everywhere: Disruption is coming, and you’re probably not ready. Read on LinkedIn >>

Paul Goydan
Managing Director & Senior Partner
Houston

The Mounting Economic Logic of Climate Action Climate action has moved to center stage as a critical political, economic and business topic. But governments and business executives struggle to agree on what actions to take and with what urgency. Read on LinkedIn >>

Patrick Herhold
Managing Director & Partner
Munich

Four Steps to Digitize Workforce Management at Utilities In our work with leading utilities, we’ve found that companies can reap significant benefits even if they take just the first steps towards a fully digitized future. Read on LinkedIn >>

Balázs Kotnyek
Principal
Budapest

Meet BCG’s Power & Utilities Leader

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Christophe Brognaux

Managing Director & Senior Partner

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Power & Utilities

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