Will YOUR Organization survive the Power & Energy Transformation?
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Strategic
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Growth
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The Yellow Brick
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Transformational
Growth
Strategic Imperatives for Power & Energy
Evaluating new solutions, business models, and value propositions to ensure security and meet the increasing demand for power amid the building pressure to decarbonise power generation.
Leveraging digital transformation and technology innovation to revolutionize businesses and differentiate solution portfolios to remain competitive.
Delivering affordable power technologies at scale while navigating global supply chain complexity and regional regulatory mandates.
How do you shift from where you are to what you want to become? How do you fill the gap?
Based on those strategic imperatives the gap between where you are now and where you need to be to achieve transformational growth is daunting.
Effective Growth Coaching increases productivity by over 53%
Over 40% of professionals would like to have more meaningful networks
84% of Executives say Innovation is critical but lack resources
The Three Components Required for Transformational Growth
Growth Opportunities for Power & Energy
Strengthen Cloud Computing Capabilities to Streamline Digital Transformation:
- Effective deployment of new products and services
- Optimize and manage distributed energy resources across the grid
- Enable effective data-sharing between key stakeholders in energy transition
Growth of Innovative Business Models:
- 24/7 clean energy on demand
- Energy-as-a-service
- Guaranteed performance-as-a-service
Growth of the Hydrogen Economy:
- Hydrogen supply to commercial and industrial customers
- Hydrogen infrastructure investment opportunities
- Driving hydrogen production cost savings through innovation
- Digital solutions to optimise hydrogen infrastructure and trading
Electrification of Industries:
- Commercialization of lower TRL technologies
- As-as-a-service business models
- Outcome based emissions management
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Recognizing Excellence and Leadership in Power & Energy for 20 years
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How could technology define the future of nuclear power?
How could Metaverse disrupt the Energy industry?
Strategies to retain talent by leveraging Artificial Intelligence
How can companies minimize wastage by utilizing next-generation technology?
What are some key investment opportunities in Power Generation?
How will the sector evolve in 2024: Challenges & Opportunities
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Are you navigating the complexities of regional power industry dynamics?
Are you navigating the complexities of regional power industry dynamics?
Frost & Sullivan’s Energy webinar series delved into the topic, ‘Key Regional Power Industry Dynamics Driving Global Investment.’ Led by industry experts, the session highlighted on the latest investment megatrends impacting key regional power industries, including generation, grids, energy storage, and deep energy decarbonization.
The panel included Jonathan Robinson, Growth Expert and VP of Research at Frost & Sullivan; Lucrecia Gomez, Growth Expert and Research Director at Frost & Sullivan; Milagros Andurell, Growth Expert and Research Analyst at Frost & Sullivan; and Neha Tatikota, Growth Expert and Industry Analyst at Frost & Sullivan. Each speaker brought their unique perspectives on what to expect in energy for 2024.
Note: Gain valuable perspectives from these industry experts by clicking here to access the recorded session of the webinar.
- Energy Industry Reforms: Latin American nations are looking at expediting regulatory processes for battery energy storage, while addressing regulatory gaps to foster growth. In Europe, initiatives like Fit for 55 and REPowerEU are prioritizing security of supply and renewable energy targets.
What industry and regulatory best practices is your company adopting to drive energy transition?
- Continued Reliance on Coal: Despite aspirations for renewable energy, Southeast Asia’s heavy dependence on coal persists due to entrenched interests and economic needs, making a rapid transition challenging.
How is your organization leveraging strategic initiatives to tackle challenges and achieve sustainability goals?
- Rising Demand for Gas: With declining domestic gas production, Southeast Asian nations are shifting from being exporters to importers, creating trade opportunities and increasing reliance on liquefied natural gas(LNG) to meet growing energy demands.
Is your company leveraging strategic partnerships with key geographies to gain a competitive edge in the industry?
- Renewable Energy Growth and Implementation: While there’s significant growth potential for renewables in Asia Pacific, especially in solar and wind, actual implementation is facing hurdles such as slow construction rates and regulatory complexities.
How is your organization leveraging growth opportunities in the renewable energy space?
- Investments in Transmission Grid: Prioritizing simultaneous transmission grid development alongside capacity expansion is essential to avoid undermining investments in renewable energy initiatives.
Is your board devising the right investment strategies to capitalize on the shifting dynamics in the energy landscape?
“Investments in transmission grids must align with the rapid development of solar and offshore wind projects, a crucial imperative as we advance into 2024. Regulatory hurdles loom large, necessitating federal intervention for streamlined regulations to drive progress effectively. Without this alignment, even substantial investments risk failing to catalyze the necessary infrastructure development in the year ahead.”
– Lucrecia Gomez
Growth Expert, Frost & Sullivan
Amidst the dynamic realm of power and energy, geographic initiatives are laying the groundwork for embracing innovative solutions. Join us in sharing your thoughts and experience on how global megatrends such as grids, energy storage, and deep energy decarbonization are impacting investments. Let’s explore how these developments are driving progress, fortifying resilience, and ushering in a new era of industry best practices, poised to reshape the energy landscape for a sustainable future in 2024 and beyond.