Power, Utilities and Renewables

Protiviti partners with power, utilities and renewables leaders to help achieve greater confidence in changing environments.

In today’s rapidly evolving environment, a trusted advisor — who not only provides relevant insights but delivers a combination of strategic vision, proven expertise and practical experience — can enhance the value of your business. With our diverse history of working across energy sectors, we provide clients with the necessary experience to solve any challenges.

2024 Top Risks in the Energy & Utilities Industry

Resistance to change has long been a hallmark of the energy and utilities industry. But forward-thinking leaders are realizing that the only status quo that will allow their businesses to evolve operationally, digitally and culturally to meet new demands and expectations, drive innovation, and help share the energy industry of the future is one of continuous changes and strategic risk-taking.

Challenges and Opportunities

Power, utilities and renewables are facing a number of critical challenges and trends in the market, from infrastructure demands to calls to improve the customer experience to talent demands and much more.

Sectors we serve

Pro Briefcase

Power and Utilities

Protiviti helps utility, pipeline and transmission companies identify, measure and manage their regulatory, financial, operational and technology-related risks. Our energy professionals possess innovative expertise and a wide range of industry experiences.

 
Pro Building office

Renewables

In the global transition to reduce carbon, all organisations are being impacted. As the renewable energy market expands, Protiviti helps organisations use every advantage available to strengthen their competitive stance, increase efficiencies and reduce costs.

 

Our Power, Utilities, and Renewables services

In today’s rapidly evolving environment, a trusted advisor — who not only provides relevant insights but delivers a combination of strategic vision, proven expertise and practical experience — can enhance the value of your business. Our consulting experts provide solutions tailored to your organisation and industry’s unique needs in the following areas:

Operational efficiency

Optimise operations during challenging circumstances

We help you identify the people, processes and systems to optimise operations during challenging circumstances. This drives increased efficiency and scalability and makes the best use of technology and other resources to optimise the supply chain and working capital.

Optimise operations during challenging circumstances

Digital and Advanced analytics

Revamp processes to be more efficient and insightful

Understand the opportunities represented by new technologies and apply them to improve performance:

  • Leverage machine learning and AI to support advanced analytics
  • Identify improvements and adopt digital transformation initiatives, such as robotic process automation
Revamp processes to be more efficient and insightful

IT and OT cybersecurity

Protect your business and your customers

Develop solutions in IT strategy, applications, cloud, security and privacy, and data and analytics:

  • Adopt opportunistic business models that embrace IT and make effective use of emerging technology
  • Master and maintain control over the ever-evolving cyber threat landscape
Protect your business and your customers

Energy transition

Understand market trends and opportunities

As the global energy sector shifts from fossil-based fuels to more renewable-based sources, clients need support. We assist with expertise in information technology, carbon smart technology, policy frameworks and market instruments, among others.

Understand market trends and opportunities

Workforce transformation (Managed services)

Increased performance and efficiency in finance and accounting

Realise increased performance and efficiency in finance and accounting, integration, cash acceleration and more:

  • Offload peak volume and transaction processing backlogs
  • Design and implement shared services model
Increased performance and efficiency in finance and accounting

Technology modernisation

Leverage the power of new technologies

Leverage technology and digitalisation to help companies retain a competitive stance, increase efficiencies, and reduce costs:

  • Establish a transformational program to replace or update aging systems and software
  • Improve productivity by revamping processes that are repetitive, time consuming and inefficient
  • Combine data from mergers and acquisitions to unlock insights from data in different systems
  • Integrate digital platforms to collaborate with ecosystem, reduce costs and provide operational transparency
Leverage the power of new technologies

Transaction support

Support the evolution

Support the evolution of the business to capitalise on strategic opportunities:

  • Achieve objectives while mastering compliance, investigations and risk management
  • Analyse and support merger and acquisition integrations, restructuring and liquidity management
Support the evolution

Innovation services

Conduct ideation sessions to inspire team creativity.

Translate ideas into solutions that address challenges and create value:

  • Build an inspiring organisational culture that promotes innovation and creative thinking
  • Conduct ideation sessions to inspire team creativity
Conduct ideation sessions to inspire team creativity.

Next-Gen internal audit

Grow confidence to meet ever-changing business challenges

Use internal audit to gain insight and grow confidence to meet ever-changing business challenges:

  • Convert internal audit into a resource for business knowledge and analysis
  • Develop solutions that address complex business and industry compliance challenges
Grow confidence to meet ever-changing business challenges

Client Story

April 18, 2024

Intelligent Document Retrieval System, Powered by Responsible AI, Helps Reduce Air Pollution

This company is a leader in the supply of after-sale services to the world’s engine and compressor markets and is trusted by nuclear power plants, the U.S. military and both public and private electricity generators around the globe. With the EPA’s recently announced Good Neighbor Plan in mind, the client needed a quick, reliable air pollution reduction strategy....

Featured insights

Leadership

Tyler Chase
Tyler is the Global leader of Protiviti’s Energy and Utilities (E&U) industry, which covers all segments of the Oil and Gas value chain, Power & Utilities, Renewables, and Mining. In this role, Tyler ensures that Protiviti has robust offerings in Internal Audit ...
Guido Zanetti
Guido is Managing Director, Global Power & Utilities sector leader and head of the Italian Risk & Sustainability practice in non financial institutions. Before joining Protiviti in 2004, Guido worked four years in the consulting practice of Deloitte focusing on ...
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