CRA consultant Colin Johnson recently participated in a roundtable discussion on energy market consolidation in the UK. The UK energy market is undergoing major change, with regulatory headwinds, soaring costs, increasing competition, new technologies, suppy and storage issues and a growth in renewable consumption shaping activity. Also a key factor is the market’s drive toward consolidation, a trend signalled by a significant number of mergers, acquisitions, and exits. In order for the sector to prosper, suppliers across all energy generation types need to focus on the sustainability of their business models and the robustness of their systems, controls, and service standards.
Ukraine War and five lasting changes for the energy sector
The war in Ukraine is creating geopolitical, social, and economic disruption in the energy sector and beyond, just as the world is beginning to recover from...