Consulting firms provide businesses with a variety of benefits, including expertise, problem-solving and cost savings.

This is also true for clients in the energy and utilities industries. As well as helping businesses manage their energy use, consultancies can help energy professionals navigate the increasingly complex energy landscape, ensuring operations make business sense and also have sustainability in mind.

Energy Digital’s February Top 10 looks at 10 of the consulting giants shaping and guiding the energy industry.

10: Roland Berger

A leading consultancy when it comes to energy, Roland Berger excels thanks to its global expertise and comprehensive approach to the energy transition. 

The firm offers strategic insights on decarbonisation, renewable energy and infrastructure adaptation. Its hands-on experience helps clients bridge the gap between expectations and reality in areas such as sustainability, circular economy and digital operations. Roland Berger is led by a management team made up of Stefan Schaible, Marcus Berret and Denis Depoux.

9: Arthur D. Little

Consulting across Energy, Utilities & Resources and Energy Efficiency as well as Oil, Gas & Other Natural Resources and Waste, Water & Circularity, Arthur D. Little has a comprehensive approach to supporting energy and utilities navigate the complex energy landscape. 

Arthur D. Little’s focus on pioneering the next level of energy transition, combined with its ability to unlock and commercialise the full potential of energy efficiency and climate solutions, positions the firm as leaders in the field.

8: Accenture

Lauded as an energy consultancy giant thanks to its comprehensive approach to the energy transition, Accenture offers expertise in decarbonisation, sustainability and digital transformation across the entire energy value chain. 

The Dublin-headquartered firm’s global team helps clients navigate complex challenges, optimise operations and develop innovative solutions for renewable energy and distributed resources. Accentures’ commitment to sustainability, demonstrated by its own emissions reduction goals, adds credibility to its guidance.

7: PwC

PwC's energy experts provide comprehensive consulting, tax and audit services to global leaders in energy, utilities and renewable sectors, supporting clients through the complex energy transition with strategic insights and innovative solutions. 

The firm has assembled a dedicated Energy Transition practice with more than 130 experts, offering multidisciplinary expertise across strategy, deals, sustainability and more. PwC’s global reach and deep industry knowledge enables it to provide end-to-end solutions for decarbonisation, renewable energy and ESG challenges.

6: EY

At EY, the firm's EY-Parthenon energy and resources strategy consulting teams offer deep expertise in new energy sources, regulatory environments and innovative technologies for its clients. 

EY's proprietary Energy and Resources Transition Acceleration model leverages more than 50,000 data points to identify timelines for energy asset transitions. Like other global consultancies dominating in other industries, EY’s global reach and multidisciplinary expertise across strategy, deals and sustainability enables it to provide end-to-end solutions to help clients maximise value in today's rapidly evolving energy landscape.

5: KPMG

KPMG’s global network of professionals offers expertise across financial, strategic and regulatory aspects of renewable energy and decarbonisation to its clients, which include power and utilities, oil and gas and renewable energy giants. 

The firm’s multidisciplinary services cover energy policy, regulatory strategy, commercial advisory and hydrogen project advisory, to name a few. KPMG’s own sustainability and renewable energy commitments allows it to lead by example and underpins its expertise. 

As well as this, its focus on digital innovation, geopolitical insights and its ability to help clients adapt to changing market demands firmly positions it as a leader.

4: Deloitte

Deloitte secures its place among the leading consultancies in energy thanks to its multidisciplinary expertise across strategy, operations and sustainability. Deloitte’s Energy Transition practice helps clients navigate complex challenges, develop innovative solutions and capitalise on emerging opportunities.

Deloitte's practice helps energy clients address critical challenges and execute initiatives, designed to further their strategic objectives and deliver value for their investors. This dedicated focus includes scaling clean technologies, decarbonisation and grid modernisation and positions it at the forefront of the industry. Its own commitment also adds credibility.

3: Bain & Co

A leading energy consultancy due to its extensive experience across more than 1,400 oil and gas projects and 2,000 utilities projects, Bain & Co offers comprehensive expertise across a variety of areas. Bain's global team provides tailored solutions for complex industry challenges, including price volatility and the shift to alternative energy sources. 

The firm ensures sustainable success by leveraging its focus on co-creating solutions and building lasting capabilities. Bain has served more than 950 clients in the energy and natural resources sector, completing more than 3,500 consulting projects in the last decade

2: BCG

BCG partners with energy companies to navigate the future, assisting the industry in decarbonisation efforts, facilitating the transition to renewables and aligning with Paris Agreement objectives. 

The firm’s pragmatic approach leverages its advanced analytics capabilities to optimise client performance. 

BCG’s expertise spans the entire energy sector, including energy transition strategies, power and utilities optimisation, oil and gas transformation, climate change and sustainability solutions and energy market insights and thought leadership, as well as low-carbon technology implementation. 

With more than 1,400 oil and gas projects and 2,000 utilities projects completed, BCG helps clients adapt to market shifts, reshape portfolios and unlock the full potential of their assets
and teams.

1: McKinsey & Co

As one of the world’s leading global management consultancy firms, McKinsey is dedicated to delivering world-shaping client impact. It provides comprehensive support to clients while offering valuable insights on global energy trends. McKinsey's expertise spans electric power and AI productivity, with notable successes including more than US$60m in savings through a single year
of AI implementation in partnership with Vistra Corp to
enhance efficiency and reduce emissions.

The firm’s consulting services cover a broad spectrum of energy sectors, including electric power and natural gas, oil and gas industries and renewable energy. McKinsey’s approach combines deep industry knowledge with cutting-edge technologies to help clients navigate the complex energy landscape and drive sustainable growth — firming its position at the top of this list.

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