Intelligent energy networks are at the epicentre of many changes under way in the energy industry (replacement of the most obsolete infrastructure, introduction of clean energies, electric vehicles and many other industry challenges).
The cleanest energies and concerns associated with the regulation of emissions and energy efficiency are still among the main priorities of many industry companies worldwide.
Corporate operations are doubtless a major growth driver for energy industry companies and a way of acquiring new capacity, technology and skills necessary to tackle the industry’s critical issues.
In the energy industry, the demands of capital projects are huge. The International Energy Agency estimates that, in the energy industry alone, worldwide cumulative investment requirements for the period 2010-2035 will amount to 16.6 billion dollars (based on the dollar’s value in 2009).
In the current environment marked by higher energy prices, stakeholder pressure on energy industry companies to provide operational efficiency and effectiveness is more intense than ever.
The activities of energy companies are affected by a broad range of regulatory requirements. Besides financial reporting requirements, companies must respond to objectives in the fields of energy policy, emissions and climate change, among others.
The energy industry is a mature sector that continues to evolve and to undergo major changes in market dynamics. However, this activity requires careful strategic planning.
Governments and consumers the world over demand more security in energy supplies. In developing economies, energy is synonymous with economic growth.
Scarce qualified labour is still a genuine challenge for energy industry companies worldwide.
Clic on the left options to know more.