In a world where energy consumption results in 66% of global greenhouse gas emissions, senior leaders in the public and private sectors need to find ways to navigate a rapidly changing energy landscape while meeting increased pressure to combat climate change and keep global warming below the 2oC target, according to A T Kearney.
Access to new sustainable and increasingly cost competitive energy technologies is accelerating and presents both strategic investment opportunities and implications across the energy value chain, A T Kearney believes.
In response to these challenges and opportunities, the energy consultancy and advisory firm has launched the A T Kearney Energy Transition Institute to provide decision-makers with strategic recommendations, based on objective research combining deep technology expertise with business acumen and foresight.
The Energy Transition Institute is meant to be a non-profit independent energy research body that extends its impact through collaboration with third-party companies and a global network of academic experts.
The main scope of research by the Institute is to provide insights covering technological insights and economical perspectives of climate change, mitigating global warming; energy security, ensuring safe and reliable energy; energy costs, providing efficient, affordable energy; and social acceptance, meeting end-users’ demand for sustainable energy solutions.
The new institute was formed as a result of A T Kearney making an acquisition of The Hague-based SBC Energy Institute. Commenting on the acquisition, Antoine Rostand, board member of the A T Kearney Energy Transition Institute said, “I am delighted to have A T Kearney as the main partner of the former SBC Energy institute. This new collaboration will focus the Institute’s research efforts on energy transition as well as extend its reach and impact in the market.”
“The unrivalled energy technology insight of the Institute combined with the deep strategy and energy expertise of A T Kearney will create a powerful player to inform decision-makers on their complex energy transition journey. Through our joint efforts we will enable leaders across industries to make the right strategic and transformative choices founded on a deep understanding of energy transition trends,” Rostand was quoted in the press release sent to arabianoilandgas.com.
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