Insights on Electric Power & Natural Gas

Article

How utilities can keep the lights on

– The past decade has been difficult for many utilities. Here is how they can prosper in the next.
Article

The offshore-wind industry’s moment of reckoning

– The days of stable and relatively high revenues are ending for Europe’s offshore-wind developers, owners, and operators.... Making money on tomorrow’s low-price projects will require a new degree of discipline.
Article

How industry can move toward a low-carbon future

– Cutting industry’s carbon emissions will require significant investment and coordinated effort among businesses, governments,... and other stakeholders.
Report - McKinsey Global Institute

Smart cities: Digital solutions for a more livable future

– As cities get smarter, they are becoming more livable and more responsive—and today we are seeing only a preview of what... technology could eventually do in the urban environment.
Article

The new rules of competition in energy storage

– The costs of energy-storage systems are dropping too fast for inefficient players to hide. The winners in this market will be... those that aggressively pursue and achieve operational improvements.

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The Digital Utility

New challenges, capabilities, and opportunities

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Report

A framework for fostering effective energy transitions

– The new Energy Transition Index looks at 114 countries’ energy systems’ performance and transition readiness.
Article

Cloud adoption to accelerate IT modernization

– The cloud is a means, not an end. Success in modernizing IT through the cloud is driven by a complete standardization and automation... strategy.
Article

Harnessing the power of advanced analytics in transmission and distribution asset management

– Advanced analytics is helping T&D operators improve performance, reduce asset-management costs, and capture value. Here’s... how successful utilities approach the transition.
Article

What every utility CEO should know about blockchain

– Blockchain technology can streamline transactions along the utility value chain. Here is a look at six emerging applications.
Article

What a teardown of the latest electric vehicles reveals about the future of mass-market EVs

– McKinsey and A2Mac1 analyzed design choices that can help pave the way to profitable mass-market EVs.
Article - McKinsey Quarterly

Resetting the cost base

– Technology is creating opportunities and threats for the supplies of traditional industries from utilities to pulp and paper to... construction.
Article

How battery storage can help charge the electric-vehicle market

– People are reluctant to buy electric vehicles because of concerns about charging. But public, fast-charging infrastructure is... not yet widely available or profitable. There is a way to resolve that conundrum.
Article

Sticker shock: Why utilities now must rethink customer affordability

– As electricity consumers demand more convenience and flexibility, utilities, regulators, and customers themselves will have to... decide which investments to makeā€”and who should pay for them.
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Accelerating digital transformations: A playbook for utilities

– Utilities trying to reinvent themselves as digital enterprises have found it hard to scale up from digital pilots. Adopting digital... ways of working, adding talent, and modernizing IT will hasten transformation.
Article - McKinsey Quarterly

Why digital transformation is now on the CEO’s shoulders

– Big data, the Internet of Things, and artificial intelligence hold such disruptive power that they have inverted the dynamics... of technology leadership.
Article

Fission accomplished: Getting nuclear power on grid faster and cheaper

– New nuclear power-plant projects are often in the news for delays and cost overruns. Yet there are also compelling success stories... from around the world. Here, we explore some of the ingredients necessary to build a nuclear power plant on time and on budget.
Article

Energy transition: Mission (im)possible for industry?

– Dutch industrial companies have a key role to play in repositioning the Netherlands to thrive in a low-carbon future. Despite... technological challenges and the pressure of global competition, it is possible for them to lower their greenhouse-gas emissions in line with European goals.
Article

Battery storage: The next disruptive technology in the power sector

– Low-cost storage could transform the power landscape. The implications are profound.
Report

Building a new energy security architecture

– The Honourable Prime Minister of India, while sharing his expectations from the hydrocarbon sector and the government’s... endeavour to achieve energy security, laid out his vision for India’s energy future in the form of four pillars—access, efficiency, sustainability and security.
Article

Winds of change? Why offshore wind might be the next big thing

– Falling costs and rising acceptance are promising signs, but the industry needs to keep improving.
Podcast

Pathways and obstacles to a low-carbon economy

– The energy transition is happening. But the pace of change depends on a range of technical, business, and societal factors.
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