L.E.K. Consulting

Energy & Environment

The volatile energy industry faces considerable change as global demand puts unyielding pressure on scarce natural resources. Energy companies are managing in an uncertain cost environment and wrestling with shifting regulations. Meanwhile emerging alternative energy solutions and the increasing emphasis on energy efficiency are creating new market opportunities and increasing competition. This new industry landscape is spurring potential consolidation activity in several industry segments while also driving companies to explore new markets and expand their services to remain viable.

L.E.K. Consulting has extensive experience in the energy sector worldwide, applying an approach that leverages the knowledge and perspective of the industry with our experts' quantitative skills and strategic insights. L.E.K. combines the global industry insight and the regional expertise required to understand the nuances of specific markets - and how to capitalize on opportunities while addressing complex legislative policy, technology, and economic factors.

 

Capabilities Overview

We help clients with some of the most challenging issues facing the industry today, such as:

  • Investment Evaluation: Conduct unparalled mergers and acquisitions (M&A) support activities, including acquisition strategy development, sector/target screening, and due diligence in all key regions and across all energy sub-sectors. Serve as a trusted partner throughout the transaction process, including post-merger management services. We have recently conducted several assessments of potential utility acquisition synergies. 
  • Portfolio Assessment: Identify opportunities to enhance and expand product and service offerings across energy sectors and geographies. Projects have included working with an U.S. electric utility to add retail services that create new revenue streams.
  • Renewables Expansion Strategy: Objectify market opportunities for renewable categories in distinct markets. Our engagements include market analysis and entry strategy for a hydro electricity generation manufacturer in Eastern Europe and a biofuel opportunities assessment in rapidly growing Asian countries.
  • Policy Strategy: Provide analysis and recommendations for complex climate change policy and regulation issues, such as the economics of carbon-friendly investments. Our extensive experience includes developing a program framework and investment criteria for the Global Carbon Capture and Storage Institute (Global CCS Institute), and creating the first carbon footprint measurement for the Carbon Trust. Please click here for additional information about our Sustainability Strategy services.
  • Scenario Planning: Deliver fact-based analysis and forecasting that can be updated quickly to provide clarity and help shape strategic direction amid economic, legislative, and competitive uncertainties. L.E.K. has helped several power and gas utilities develop world-class scenario planning and forecasting capabilities.

 

Select Industry Sectors

We serve some of the largest and most innovative energy organizations in the U.S., Europe, Australia and Asia, in a range of sectors that include:

  • Fuels and biofuels
    • Conventional:
      • Coal
      • Natural gas
      • Nuclear
      • Oil
    • Renewable:
      • Advanced battery storage (fuel cell, etc.)
      • Biofuels
      • Biomass
      • Geothermal
      • Hydroelectric
      • Solar
      • Wind
  • Equipment manufacturers and service providers
    • Grid infrastructure (smart meters, etc.)
    • Energy equipment components
  • Investors
  • Policymakers and industry groups
  • Power generation
    • Utilities

Please click here for additional background on our Natural Resources industry capabilities.

Please contact us at energy@lek.com for additional information.