Verdantix Net Zero & Climate Risk Practice Rebrands To Net Zero & Energy Transition

Verdantix Net Zero & Climate Risk Practice Rebrands To Net Zero & Energy Transition

Verdantix sees a wave of innovation in energy transition
For decades, climatologists and technologists have evangelized the need for an energy transition: a shift from the heavy fossil fuel consumption brought about by the industrial revolution to a new low- and no-carbon paradigm. Tremendous progress has already been made, but we're now on the cusp of real change, with DNV's most recent Energy Transition Outlook indicating that low-carbon energy has officially begun to displace fossil fuels.

It's a safe bet to say that the transition will drive significant shifts - starting with an uptick in renewable energy supply, as forecasted by the IEA:

Taken broadly, solar power will triple in capacity and wind power will double. That's the supply side.

On the demand side, our 2024 net zero global survey reveals that energy-related initiatives dominate firms' decarbonization strategies. These range from the electrification of traditionally fossil-fuel-driven processes to investment in on-site renewables, procurement of renewable energy, and the adoption of commercial and industrial energy technologies.

However, as the energy transition barrels forward, firms are facing a complex array of challenges - creating new opportunities for digitization and innovation.

Introducing the Net Zero & Energy Transition practice
To help businesses engaging with the energy transition, our team will introduce dedicated research on this area in 2025 onwards, under the new moniker Net Zero & Energy Transition.

Starting next year, our coverage will expand to address energy-transition-related innovation in two primary domains:

1. At the utility level: as these businesses face the impact of behind-the-meter generation and storage - such as solar and wind farms and batteries - on the grid, they require new hardware, software and data analytics to maintain stability and prevent outages. Simultaneously, they must assess their role in supplying renewable energy assets to the demand side and try to minimize the value-destroying curtailment of variable power sources.
   
   To address these challenges and explore potential solutions to them, the Net Zero & Energy Transition team will cover the key trends, innovations and growth opportunities in the distributed energy resource management market.
   
   
2. Among commercial and industrial firms: the 'demand side' is increasingly becoming the 'demand-supply side', as organizations ramp up investments in energy-related hardware, software and commodities. These investments help lower their exposure to market risks, maintain operational resilience and make progress towards decarbonizing their businesses. Increasingly, large energy users are no longer hostages to energy fate, and are taking matters into their own hands.
   
   To explore the challenges and solutions relevant to commercial and industrial energy users, the Net Zero & Energy Transition team will research key trends shaping commercial and industrial (C&I) energy management, identify the leading commercial solutions for microgrid management, and develop a roadmap of energy-transition-related technologies relevant to C&I buyers.

It is not all change
As we add energy-transition-focused research to our work, it's important to note that these complement our existing research segments and areas of expertise:

Our research will focus on all the challenges and technological solutions involved in achieving net zero and navigating the energy transition. Verdantix will continue to do research on climate risk solutions within our risk management practice - instead of the Net Zero & Energy Transition practice - which is in line with our research findings that climate risk should sit with integrated risk management.

If you're interested in net zero or energy transition technologies - as a buyer, a seller, or both - get in touch, let's talk!

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