Cobalt, Neodymium, Lithium … do you know two things that those elements have in common? First they are all major contributors to the energy transition (windmills and electric cars to list a few). Second they will soon be all in short supply if the transition continues to accelerate. Almost all large companies have now announced commitments to contribute to the energy transition but are we sure that we have the solutions and resources to secure those commitments. Can renewables grow at the expected rates? Can traditional energy and natural resources players such as BP and Rio Tinto really pivot and implement the vision they just shared with their shareholders?
In this issue of This Week in Consulting, we explore the challenges associated with the energy transition from a risk standpoint for the “renewable” industries to a strategic one for the traditional players that are facing daunting choices.
Enjoy the read. Feel free to comment. Would love to hear your views.
Chairman Consulting Quest
This week’s must read
This Week’s Must Read is an insightful piece from Steven Munday, Mark Thompson, Motto LV, Alex Forand, Mark Hiles, Marc Vermeiren and Siew Hui Lim, Willis Towers Watson. It’s a thorough review of the insurance sector’s contributions to the energy transition to renewable resources and its risk implications.
This week’s media
This week’s consulting news selection
With its latest acquisition of BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands, FTI Consulting hopes to grab a share of the Dutch market while the merger will enable BOLD’s existing clients will enjoy access to FTI Consulting’s diversified platform.
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.