Deloitte ranked second largest energy consulting organisation

Kennedy Consulting Research & Advisory recently released the results of its report, "Energy Consulting Marketplace 2009-2012," in which tax and consulting firm Deloitte is ranked second largest energy consulting organisation by aggregate global revenue and leader in several related categories.

The report states:

• Deloitte ranks as the second largest organization for energy consulting by measure of aggregate global revenue.
• Deloitte is a leader for energy consulting by a measure of aggregate global revenue.
• Deloitte is a leader in energy consulting capabilities and has the greatest breadth of capability of any organization.
• Deloitte has one of the largest and strongest upstream practices.
• Deloitte is one of only two organizations with at least 5 percent aggregate market share.

Aiming to facilitate solution development and client service, the consulting giant and its member firms have established Centers of Excellence for oil and gas in a number of cities across the globe: London, Madrid, Rotterdam, Moscow, Oslo, Buenos Aires, Johannesburg, Singapore, Dubai, Calgary, Houston, Washington, and others.

In the report, Kennedy Consulting points out a number of Deloitte's strengths and capabilities in the oil and gas consulting industry, including strong IT consulting, risk managemenent, support, and industry-specific capabilities in the energy sector.

Dick Cooper, Deloitte Touche Tohmatsu (DTT) Global Energy Consulting Leader commented on the report, saying, "To help Deloitte member firms’ oil & gas clients address issues critical to the industry, including carbon management, ongoing cost management regulatory complexity, ongoing mergers and acquisitions, and health and safety, Deloitte has executed a number of acquisitions of smaller consulting firms around the world, which has greatly strengthened Deloitte’s client service offerings and capabilities. Over the past several years, Deloitte member firms have also been developing services in the area of climate change and carbon markets, resulting in a geographically diverse group of advisors who have successfully built significant practices in this area."

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Accenture wins contract from U.K.’s Department of Energy and Climate Change

Management consulting firm Accenture has won a contract to provide strategic support on smart grid roll out to the Department of Energy and Climate Change (DECC).

The UK Government has set high goals for the reduction of carbon emissions and deployment of smart grids will play a pivotal role in achieving these targets. Accenture was selected because it brings a lot of experience to the table. The consultancy has deployed smart grids and smart meters in cities in Europe, North America and Asia.

Smart grids help energy and utility organizations manage distributed sources of renewable energy (wind farms, biomass plants) in the most efficient way. By distributing power optimally, the grids also reduce wasted power generation and network losses.

Omar Abbosh, managing director of Accenture’s Resources operating group in the U.K. and Ireland, said, "The U.K. Government has some of the most ambitious emissions targets in the world and smart grids will be play a central in achieving them, by helping to reduce electricity consumption and by better managing intermittent renewable sources. Smart grids are a national priority but will be built locally. As such, city authorities will play a major part in making smart grids the basis for low carbon living, working and transport."

Accenture also provides support to the cities and utilities that use smart grids through its Intelligent City Network initiative, which helps organizations committed to building smart grids exchange experience and knowledge.



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