Authors
Dr. Matthias Fawer and Balazs Magyar
Electricity companies must assess the risks and opportunities arising from climate change and take essential action to reduce emissions. A revolution in energy generation, supply and demand is needed with companies taking an integrated approach through the optimisation of existing infrastructure assets, systems and information; growth of existing capabilities; and acceleration of emerging technologies to a commercial scale. The current financial crisis is driving many companies to overhaul their business models. The successful electricity companies of the future will be those taking climate change impact into account today and developing adaptive strategies and actions to manage the business risk.