Energy Transition Insights
Insights
Realising a cleaner future for Energy & Utilities
The energy transition is fundamentally transforming the sector, creating both opportunities and challenges for suppliers and investors alike, as we shift towards cleaner, more sustainable energy sources. This transition demands substantial investments in infrastructure, technology, and innovation, while also managing the impact on customers and the workforce.
At BFY, we’re supporting suppliers and investors on this journey, leveraging expertise from BFY Carbon Strategies and our ESG offering, to optimise performance and capitalise on sustainability opportunities. Our insights address key questions, including:
- What are the key challenges and opportunities for suppliers and investors in the energy transition?
- How can companies balance regulatory pressures, technological advancements, and financial performance during this shift?
- What role will innovation and collaboration play in driving the success of the energy transition?
Insights
Energy Transition
Quantifying the investment needed for cheaper bills under GB Energy
GB Energy's ambition to reduce bills and make Britain a 'clean energy superpower' is welcome news. But substantial private investment will be needed, if the potential savings pledged by Labour are to be realised. Using a very high-level business case, we've quantified the scale of investment that may be required.
Capitalising on new M&A opportunities with renewable energy
With Labour leading the drive towards clean energy, we're expecting to see an uplift in M&A activity related to renewables throughout the rest of 2024. Profits, economies of scale, and enhanced customer engagement are on offer to those who capitalise on the opportunities.
2030's EV targets will pose challenges - Is the market ready?
The UK's electric vehicle rollout is set to accelerate into 2030, and major changes are needed in our transport system to meet government targets. Are we ready for the challenges that come with a transition of this scale?
Average solar payback takes 14 years - optimising efficiency is key
Recovering install costs for domestic solar panels currently takes ~14 years, and customers can optimise efficiency to access the full potential of these systems, as covered here.
Heat Pump support increasing, with budget for 3.3k installs pm
Support for Heat Pumps is set to increase next year, with budget for up to 3.3k installations per month - doubling the current funded install rate.
Addressing the carbon reduction challenge in data utilisation
The technology and software sectors are a key driver of economic growth, attracting private equity and venture capital investment thanks to their scalability and high margins. Global tech spend is booming, forecasted to reach £3.6 trillion in 2024, so what’s the catch?
Heat pumps drive cheaper bills, but costs per kWh are higher
Our visual demonstrates the real cost of switching from gas boiler to heat pump.
Most suppliers missed smart meter targets in 2023
Despite a steady increase in the market-wide % of smart meters, our analysis shows a wide variation in supplier performance, with some installing as little as half of their 2023 target. If suppliers continue to miss their annual targets, the government's goal of 74.5% coverage will not be reached by 2025.
BFY Group supports Flogas in eEnergy acquisition
BFY Group is delighted to have supported Flogas in acquiring the Energy Management Division of eEnergy plc. The Energy Management Division of eEnergy is a digital energy services company, empowering organisations to achieve Net Zero by tackling energy waste and transitioning to clean energy, without the need for upfront investment.
EV Adoption – Assessing the Energy market impact
The UK faces an ambitious timeline on its journey to Net Zero. Electric vehicles (EVs) will be a key driver of the transition, with 2035’s combustion engine ban set to shape not only the future of transportation, but also its adjacent markets – such as energy.
Energy Transition – A driving force for M&A in 2024
Decentralisation, decarbonisation, and digitalisation are driving a major transformation in energy. As suppliers make the shift to a greener future, new M&A trends are emerging, posing the question - how can dealmakers maximise this opportunity?
Energy Transition
Meet the Team
Ian Barker
Managing Partner
Ian shapes the BFY vision and inspires our team to bring it to life, while remaining central to complex client engagements in Strategy, Commercial, and Operations.
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Tom Bromwich
Director
Tom leads client engagements with a particular focus on commercial strategy, pricing, customer acquisition and retention.
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Angela Tooley
Head of Private Equity, Infrastructure & ESG
Angela specialises in the creation and implementation of growth strategies, as well as supporting clients through special situations, with M&A advisory, restructuring, and crisis management.
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Matt Turner
Senior Manager
Matt helps lead clients through key strategic projects exploring growth opportunities, business models, competitive advantage, and mergers & acquisitions.
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John de Bono
Consultant
John performs various analyses to provide BFY and their clients with unique insights, which help to inform decision making and inspire exceptional performance.
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