Energy Transition
The shift from fossil fuels to renewables is expanding rapidly – with a growing number of corporations and governments pursuing zero- and low-carbon targets and renewable energy now economically competitive against traditional sources. Over the past decade, wind, solar, and natural gas have represented the largest sources of new electricity capacity additions to the U.S. power grid, with renewables often the largest contributor. The U.S. Energy Information Agency (EIA) projects that wind and solar will represent two-thirds of all new electric generating capacity additions this year, a new record. And according to the latest research from financial advisory firm Lazard, the levelized cost of new utility-scale energy from solar and wind beats out new nuclear, coal, and even natural gas.
Evolve has two decades of experience working closely with some of the largest oil, gas, and chemical companies on the planet. To help clients develop and implement effective energy-transition strategies and programs, Evolve has created an Energy Transition Practice focused on two major areas: Renewable Energy (e.g. wind, solar, storage, electric mobility, and grid infrastructure) and Low-Carbon Lifecycle Management (including renewable-based and closed-loop fuels and materials). Services include business and operational excellence; safety and human performance; capital project execution; digitization; and business and corporate transformation. Evolve’s Energy Transition team has decades of collective experience in solar, wind, electrification, grid operations, biomaterials, and related industries.