Supporting transformations in the power and gas industry to maintain stable supplies and create new value
Supporting transformations in the power and gas industry to maintain stable supplies and create new value
Leaders charting the course of the power and gas industry are being faced with the challenge of the industry entering a new phase, as a result of dramatic changes in global conditions, beginning with the rise in demand for data centers coinciding with the advance of DX and the growing use of generative AI. Because of this, they now need to work to further transform their companies and generate new value, even as they address wide-ranging business challenges, including expansion of renewable energy and non-fossil fuels to help realize carbon neutrality, responding to government policy aimed at utilizing nuclear power, and utilizing thermal power generation as a variable power source.
ABeam Consulting has an extensive track record of supporting power, gas, and energy companies. We support transformation in the power and gas industry by leveraging overseas case examples, particularly from Europe, the United States, and other advanced markets, along with the newest digital technology.
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Optimizing the energy value chain with data
Competition has shifted from focusing on prices/services to innovation due to the acceleration of global efforts aimed at carbon neutrality, progress in the reform of electricity systems, the spread of distributed energy resources such as renewable energy, swift policy and system changes, and the development of digital technology. These changes significantly impact the management of traditional businesses in this industry (power generation, power distribution, retail sales). At the same time, they also provide new business opportunities for new market participants.
Energy prices have recently seen greater uncertainty in outlook, new markets have emerged and grown, and renewable energy has expanded. Companies must address various issues across the value chain, such as the optimization of fuel/electricity assets and value.
Data-driven management that maintains stable supply and creates new value
Amid a challenging business environment defined by uncertain energy price outlooks, demands for carbon neutrality, and more frequent natural disasters, the power and gas industry faces calls to balance stable and safe supplies with the creation of new value, while management and business structures are becoming more complex and change is accelerating.
To thrive in this business environment, the industry must leverage data effectively across the group companies globally.
The power and gas industry is accelerating efforts to achieve data-driven management for the future. Companies are building business management models and platforms to respond flexibly to environmental changes.
Achieving digital O&M to boost the value of real assets
The asset O&M (operation & maintenance) environment is becoming harsh due to a shrinking domestic market, deterioration of facilities, and the loss of skills as veteran personnel retire. However, demand for lower prices and quality have only grown. As the burden on sites increases, energy business operators must execute drastic transformations.
Advancing and optimizing O&M by effectively leveraging DX and IoT makes it possible for the asset holders to lower on-site burdens while achieving safe and stable operations. Leveraging digital technology and optimizing O&M across the supply chain and among companies enhances the value of assets in the power and gas industries.
ABeam Consulting offers consulting with a bird’s-eye view of the entire extended energy value chain with a perspective of the industries, regions, and companies involved, going beyond the framework of the power and gas industry’s focus on supply and demand to resolve complex issues.
Professionals in various industries, fields, and services demonstrate their design and execution capabilities in everything from strategy planning/concept development to operation transformation/design and system development/implementation. ABeam Consulting provides one-stop support to achieve company transformation and increase company value.
ABeam Consulting connects companies and value chains that aren’t limited to existing frameworks. Co-creation as partners allows us to achieve unprecedented dynamic transformations with our clients.
The business environment of power and gas companies is changing drastically, and they are facing many business issues. ABeam Consulting provides services across a wide range of areas and support from strategy proposals to execution.
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