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Sustainability Industry Insights – Focus: Power, Utilities & Renewables

Our studies showcase the ways power generators, utilities and renewable energy producers are operationalizing the green transformation, including specific, actionable steps for sector players.

A robust evidence base is important for strategy and planning in both the public and the private sector, for example our regular scenario-based forecasts for the energy market focused on key economic, policy and technology drivers.

Finally, we share insights into strategic topics that are high on the current agenda including clean energy finance, energy policy and the geopolitical implications of the clean energy transition at the global and regional level.

These publications leverage our extensive experience and transformation know-how in the power, utilities and renewables market, our vast client ecosystem across the globe, and our custom-built tools and energy systems models.

Featured Publications

 

Insights into pathways to decarbonization

 

Series: Pathways to decarbonization | Power

Without a decarbonized power sector, it’s virtually impossible for other industries to hit their Paris Climate Agreement targets. At the same time, such a transition must take place while preserving system resiliency and sustainability. In this installment of our Pathways to decarbonization series, we explore how the hard-to-abate power sector can tackle these challenges while simultaneously accelerating its path to net-zero.

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Series: Pathways to decarbonization | Hydrogen

Despite hydrogen’s potential to help decarbonize the energy system, much work remains to ramp up its production. In this installment of our Pathways to decarbonization series, we look at the ways in which hydrogen can help accelerate the net-zero transition for high-emitting and hard-to-abate sectors.

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Survey: Successfully shaping the heating transition

The decarbonization of the heat supply (heat transition) is a key project for achieving Germany's climate protection targets. In order to examine the current status of the decarbonization of the heat supply in Germany, we have conducted a study focusing on the challenges and progress made by the energy suppliers involved. It is therefore a survey of the status quo of the heating transition and transformation at the companies concerned.

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Study: Natural gas demand outlook to 2050

Natural gas is facing strong headwinds on the road to climate neutrality: a Deloitte and Öko-Institute analysis sees rapidly declining gas demand in Germany and the EU.

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Study: Green hydrogen: Energizing the path to net zero

Deloitte’s new economic analysis shows how green hydrogen can play a paramount role to achieve net-zero targets by 2050. It can give us a second chance to decarbonize the planet, overcoming existing limitations and challenges posed by fossil fuels and technologies that add to greenhouse gas emissions.

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Position paper: Capital for the energy transition

The energy industry is facing an enormous financial feat that energy companies, the financial sector and the state can only master together. A position paper developed jointly by Deloitte, the German Association of Energy Industries (BDEW) and the Association of Municipal Enterprises (VKU) with the support of Die Deutsche Kreditwirtschaft (DK) outlines ways out of the financing dilemma.

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Study: Financing the green energy transition

Discover how finance can fuel innovation and help power a green energy transition while saving the world US$50 trillion on its journey to net zero.

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PoV: When green energy meets geopolitics – How to achieve energy security in a polarized world

To achieve global climate goals, the world must transform from a fossil fuel-based economy to a fully renewable energy system. This energy transition is a global imperative. It will be mainly up to businesses, investors and public actors of the industrialized world – where demand for green energy is highest – to make this happen.

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PoV: A security policy for the global hydrogen economy

Effective decarbonization requires a strategy for securing the supply of green hydrogen.

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Sustainability transformation: drivers and trends

Power generators, utilities and renewable energy producers play a key role in the energy transition with their efforts to meet overall climate targets while also ensuring the security and the viability of the energy supply. There are many facets to the sustainability transformation in addition to climate change mitigation, with the focus in this market shifting more toward circular economy models, nature-based solutions, and climate adaptation.

Phasing out fossil fuels: Reducing the use of fossil fuels, as affirmed at COP28, in addition to a focus on ramping up renewables (e.g., tripling global renewable power capacity by 2030)

Tightening climate regulations: Driving the energy transition through stricter climate policies, from increasing CO2 prices to new environmental regulations. To date, the focus has mainly been on improving energy efficiency

Promoting electrification of end uses: Achieving net-zero emissions through electrification combined with renewable power solutions (e.g., heat pumps and electric vehicles)

Strengthening energy security: Increased use of renewable energies to improve the security and profitability of the energy supply

Minimal use of materials: Reusing and refurbishing photovoltaic panels, batteries, and other key components, repowering technologies such as wind farms, and recycling materials from batteries to steel.

Extending the service life of assets and optimizing maintenance management: Introducing predictive maintenance for supply networks and power generation facilities

Assessing nature-related impacts: Evaluating the environmental impact of clean energy projects (e.g., protection of natural habitat and endangered species)

Restoring and protecting ecosystems: Ensuring positive impacts of offshore windfarms on marine biodiversity (e.g., building artificial reefs, minimizing trawling)

Addressing climate risks: Implementing energy management systems designed to identify and manage climate risks, mandating the inclusion of climate adaptation issues in site risk assessments

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