BCG on Energy

The U.S. #greenhydrogen sector faces regulatory uncertainty, particularly with the proposed IRA Section #45V tax credit. Understanding its impact on project design and commercial conditions is crucial. Key recommendations for optimizing hydrogen projects include: 1️⃣ Model realistic operations: It’s essential to take into account renewable intermittency, limited grid connection, minimum operating rates, ramp rates and shutdowns in order to evaluate a business case effectively. 2️⃣ Maximize flexibility: Set contract conditions to model the full value chain, allowing producers and consumers to adapt to varying conditions, improving the business case. 3️⃣ Unify team views: Ensure engineering, legal, business, and financial teams work together on a single model to create valuable business cases. Balancing compliance and cost efficiency is essential for sustainable, profitable projects. Learn More: https://lnkd.in/dbx7E6aB Malo Grisard Krzysztof Postek Mogens Holm, Stevan Jovanovic and Martin Pocquet

The rise of #EVs are putting the local service station at risk and up to 25% of sites face closure in markets where EV penetration is high. What does this mean for the future of our service stations? We've identified four site formats that will prosper - learn more about them here: https://lnkd.in/gciaMD7N Stuart Groves, Tony Portera, Magnus Steinsvoll Prøsch (Proesch), Christian Wagener, Xavier Héry, Benjamin Lawrence, Jennifer Carrasco Portaspana, and António Lopes

Excited to share insights from PEAK Wind and Boston Consulting Group (BCG)'s latest article on optimizing offshore wind operations and maintenance (O&M) for increased profitability. The focus on O&M is vital as offshore wind evolves into a primary energy source. Key strategies include: 1️⃣ Embracing Innovation and Standardization 2️⃣ Shifting to Revenue-Based Metrics 3️⃣ Redefining Fitness-for-Purpose 4️⃣ Improving the Production System 5️⃣ Utilizing Predictive Maintenance and Market Conditions 6️⃣ Enhancing Synergies Across Portfolios 7️⃣ Early Lifecycle Management Implementing these strategies can significantly reduce costs, increase asset availability, and support the global energy transition. #OffshoreWind #RenewableEnergy #SustainableFuture #OandM #EnergyTransition

Upstream #energy companies are cutting costs in innovative ways. By streamlining operations and adopting new business models, they’re achieving significant savings. Examples include moving to campaign-based maintenance and outsourcing aspects of operations, leading to 10-30% reductions in operational expenses. Learn how these transformative changes are setting new standards: https://lnkd.in/gJNtBAjp Shiva Kant, Uday Vir Singh, Jean Christophe Bernardini, Aman Modi, FCA, CFA, Jaime Ruiz-Cabrero and Jimenez Borja Follow us at BCG on Energy to know more about our latest thinking on the energy industry. #EnergySector #UpstreamOil #OilAndGas #CostSavings

📣 Calling all #energy sector leaders! We're excited to announce the launch of our Energy CAPEX survey. Why take part? 📝 Gain exclusive access to a detailed report with actionable insights. 💡 Contribute to identifying key areas for improvement and innovation. 🌍 Help shape the future of energy procurement. Participants will receive the survey findings providing insights into industry trends and benchmarks, as well as recommendations for action, ahead of its publication. Take part in the survey and share your thoughts with us below. 🔗 https://lnkd.in/eCfHJwEX #Energy #Procurement #CAPEX #Innovation #IndustryLeadership

Dive into our comprehensive five-part series on carbon-free electricity (CFE) strategies for large energy users in the private and public sectors. Each article explores actionable insights and practical steps for achieving your clean energy goals: 1️⃣ The Urgency of Clean Energy Transition: Learn about the critical need to decarbonize electricity and the steps global leaders are taking to address the climate crisis. https://lnkd.in/dpjRPUXK 2️⃣ Establishing a CFE Strategy: Discover how to set clear CFE targets, benchmark against industry leaders, and prioritize key factors for an effective decarbonization plan. https://lnkd.in/dZuVUszQ 3️⃣ Evaluating CFE Procurement Options: Explore various CFE procurement options, understand their complexities, and find out how to balance cost, timeline, and risk. https://lnkd.in/dFXqArg4 4️⃣ Designing an Effective Operating Model: Learn about creating specialized operating models, benchmarking best practices, and defining roles to support large-scale CFE procurements. https://lnkd.in/dq3h8pg3 5️⃣ Mitigating Implementation Challenges: Uncover strategies to address the challenges of implementing CFE, from managing costs to ensuring resource availability and mitigating long-term risks. https://lnkd.in/gFEqQrHB Join us on this journey towards a sustainable future! #CleanEnergy #Sustainability #Decarbonization #ClimateAction #BCGonEnergy Karan Mistry, PhD Tina Zuzek-Arden Thomas Baker Ann Elise DeBelina, and Andrew Cahill.

As #EV penetration rises between now and 2035 the global fuel and convenience #retail industry will change.   While there will inevitably be closures, we also see an evolution of those remaining sites. Our latest piece identifies four primary formats that will dominate. See our slide-show below for more detail. Read the full article to learn how each format meets demand needs and how fuel retailers can prepare for the future. https://lnkd.in/gciaMD7N Stuart Groves, Tony Portera, Magnus Steinsvoll Prøsch (Proesch), Christian Wagener, Xavier Héry, Benjamin Lawrence, Jennifer Carrasco Portaspana, and António Lopes

PEAK Wind and Boston Consulting Group (BCG) have identified seven indicators that will help the offshore #windindustry establish mature and more future-proof O&M practices: 1. Finding the trade-off between innovation and standardization 2. Moving from production-based to revenue-based availability metrics 3. Redefining fitness-for-purpose throughout all phases of an offshore project 4. Focus on continuously improving the production system 5. Better optimization of synergies across portfolio and O&M collaboration with neighboring sites 6. Designing data integration, learning models, and work processes to leverage predictable 7. Earlier focus on life cycle management Learn more about our insights and strategies: https://lnkd.in/gY7H24Ke Malte Hippe Matti Scheu Robert Hjorth Lars Conradsen #windenergy #offshorewind

The International Energy Agency (IEA) says global demand for oil will peak before 2030.     What are the business implications of a post-peak world?

Navigating the global energy transition is a defining challenge of our time, requiring immediate and concrete action. Last week, we discussed this at the inaugural edition of the Global Energy Transition Congress and Exhibition (GET). We are proud to have been a key supporter of this event, contributing to the debate on the energy transition. This event provided an invaluable platform for connecting with a global community of experts and innovators, all committed to finding solutions to advance the energy transition. Here are some key takeaways from our discussions: 💰 Investment in innovation: Embracing technology alone is not enough for the energy industry to navigate its unprecedented and rapid changes. Companies must also adopt new organizational cultures, ways of working, and skills, alongside forming strategic partnerships. This holistic approach is vital for genuine innovation, ensuring success in the energy transition, and attracting and retaining the next generation of talent. 🚚 Lower emissions logistics: The global supply chains are pivotal for the energy transition by ensuring the availability of materials and products where needed. However, challenges such as protectionist trading policies, lengthy permitting processes, and geographic concentration of production hinder this fluidity. Overcoming these obstacles is essential to globally optimize supply chains towards a greener future, emphasizing that the time to act is now. 🚢 Decarbonizing global shipping: Effective decarbonization of the global shipping industry requires collaboration across the entire ecosystem. Essential regulations are not optional but mandatory. Given that fossil fuels will still be in use for some time, the focus must be on finding ways to reduce their usage and minimize the emissions they generate. 🌍 Energy transition in Sub-Saharan Africa: The energy transition in this region presents significant opportunities, necessitating collaboration across society. Public sectors need to create the right enabling environment, while private and philanthropic actors must bring in the necessary innovation and capital. This comprehensive approach ensures a fair and just transition, with Africa’s critical mineral resources playing a crucial role in global emission reduction targets. Thank you to everyone who joined us at the GET Congress & Exhibition. We look forward to seeing you at the next edition! Marco Tonegutti, Fabio Alberto Favorido, Tolu Oyekan, Peter Jonathan Jameson, Stephanie Del Carpio, & Antonia Wissert #GETCongress #Decarbonization #NetZero #BCG