Eric Morel is a worldwide recognised expert of energy transition and digitalisation. In the past, he has served as VP Corporate Business Strategy and VP Global Smart Grids and Energy Efficiency at Schneider Electric as well as CEO of Ilevo, a telecommunication start-up. He is a founding member and a former Board member of the Gridwise Alliance, the main professional private/public association dedicated to Smart Energy.
Industrial processes offer a very important source of energy efficiency, all the more important to exploit as these processes are evolving and that a permanent attention is required to maintain a performance of good level.
The title of this article is already ambiguous considering that energy service companies (ESCOs) have only one growth or business model. This is not the case. In their diversity of actions, these companies have been successful in the US where their market could be today about 8 billion dollars.
Shell is one of the biggest oil companies directly impacted by the decarbonization of energy. Similar to Total and BP, its direct competitors, Shell is evolving its energy mix. Mainly focused on oil in the past, it will now rely on new pillars including gas and electricity. It plans to allocate $2 billion in infrastructure and tech investments to support its energy transition. The large corporation wants to become a major energy player by moving on from traditional utilities.
How not to speak of individual self-consumption as the subject fills the columns of newspapers and as this mechanism seems obvious in the context of energy transitions? what could be simpler than consuming the electron that we produced, on our roof for example, with our photovoltaic panels? What could be more natural ?