Energy Transition hero

Energy Transition

The energy transition is one of the world’s greatest collective challenges. BCG develops solutions with clients by integrating financial, technological, economical, and societal considerations to ensure a just energy transition.

The energy industry is at the heart of a sweeping transformation—an energy transition where industry lines are blurring and new ecosystems and players are emerging. We are enabling a global transformation that achieves positive climate impact while balancing sustainability, affordability, and reliability. 

Our Approach to Energy Transition Consulting

Energy transition is extraordinarily complex. It takes partners who are willing to step into the unknown and leverage both existing thinking and new innovations. Our approach blends strategy and implementation, and combines technical enablers—such as new low carbon technologies and artificial intelligence—with the best of human capabilities.

We consult on the full spectrum of energy transition services, including decarbonization solutions and corresponding business opportunities across industries. Our decarbonization efforts focus on scaling up new businesses and technologies such as carbon capture, hydrogen, large scale renewables, and energy storage. In addition, we work with clients on an array of strategic enablers such as workforce evolution, business resilience, and transparent, sustainable supply chains.

The energy transition requires reengineering processes, reorganizing for innovation and agility, and rethinking roles—and goals. It requires emerging technologies and a new culture, one that lets you more easily identify—and more quickly seize—new business opportunities. To accelerate the journey, we explore how to support the transition along four key areas:

BCG’s Client Work in Energy Transition Consulting

We partner with companies, governments, and organizations around the globe to support—and empower—sustainability leaders. We have successfully supported clients in reducing emissions and expanding their low-carbon technology projects, thereby unlocking new efficiencies, opportunities, and value. Here are a few examples of our work:

Eneco to be Climate Neutral by 2035

Eneco, a Rotterdam-based energy company, recently announced an ambitious plan to become carbon neutral by 2035. BCG’s Christophe Brognaux spoke with As Tempelman, Eneco’s CEO, to learn the story behind the “One Planet” plan—and why Tempelman believes it’s so important to act now on climate change and jump-start energy transitions in every industry.

Insights from Pratima Rangarajan, CEO of the Oil and Gas Climate Initiative

Industry players have come together to create a $1 billion fund that will pilot, deploy, and scale new emission-reduction technologies—accelerating the global energy transition.

A Selection of Our Energy Transition Tools

We work with a broad range of bespoke tools to help our clients navigate the energy transition, including:

Explore Our Insights on Energy Transition

The Energy Transition in South Africa

Learn how companies like Sasol can embark on innovative projects that drive change, including renewable energy and new financial strategies, to help the country reach it’s net-zero goals.

Enabling the Future of the Energy Sector

CEO of ACWA Power, Marco Arcelli, and BCG’s  Pattabi Seshadri explore the opportunities and challenges that come with renewable project development and discuss the role ACWA Power is playing in the future of the energy sector.

Hydrogen Is the Answer

Parker Meeks, CEO of Hyzon, explains why hydrogen is essential to decarbonization and what it will take to scale the needed infrastructure.

Getting to 100% Renewable Energy

Leaders must find a way to build renewable energy for the future while keeping the lights on today. A new mindset and new approaches are required to meet this challenge.

Meet Our Energy Transition Consulting Leaders

BCG’s team specializes in energy transition consulting and helps clients successfully navigate the equitable energy transition.

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