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Navigant Predicts a $1.3 Trillion Market Opportunity Across the Energy Cloud Ecosystem by 2030Today, Navigant released Navigating the Energy Transformation, the latest installment in the company's Energy Cloud analysis. The paper examines the energy industry's landscape and provides stakeholders with a blueprint-the Energy Cloud Playbook-to proactively prepare for and navigate disruption and position for long-term success. Changing customer needs, evolving policy and regulation, and accelerating innovation around distributed energy resources (DER) are driving historic transformation across the energy industry, contributing to an emerging grid known as the Energy Cloud that is cleaner, more distributed, and intelligent. Navigating the Energy Transformation details the developments and technologies that comprise the Energy Cloud while evaluating shifting revenue across the value chain, as well as the implications for incumbent players and new market entrants. "Energy industry players must be more flexible and responsive to shifting priorities than ever before, and it is imperative for utilities to engage in a more agile strategic planning process," says Jan Vrins, Navigant Energy segment leader. "While not all pathways to navigate this transformation will be appropriate for all players across all markets, those that acknowledge the complexity of the challenge ahead will have an advantage." Key findings include:
"By blending traditional assets, services, and interactions, and unlocking many new technologies, business models, and relationships, the emerging Energy Cloud will redefine market structures and traditional stakeholder relationships," says Mackinnon Lawrence, senior research director at Navigant Research. "This rapidly unfolding landscape will require new strategies and approaches to both current and emerging industry realities." For additional information and the latest thinking from Navigant's Energy segment, click here. About Navigant Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant's professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant's practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
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