Power, Utilities and Renewables
How is Protiviti different from other firms:
We align very well to the Energy Transition given our focus on sustainability and innovation. Embracing this shift is critical to consumer confidence, investor expectations, and overall success and we are driven to help our clients throughout. Our global energy team is partnering with power, utilities and renewables leaders to help understand market trends and opportunities.
The importance of this industry in the overall climate change discussion reinforces our focus and continued investment in the partnerships and team development necessary to assist our clients through this change. Combining the right expertise across many different disciplines ensures our clients have a holistic solution to enable their future success.
Challenges and Opportunities
Sectors we serve
Power and Utilities
Protiviti helps power and utility 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 to help your company in the “energy transition”.
Renewables
In the global transition to reduce carbon, all organizations are being impacted. As the renewable energy market expands, Protiviti helps organizations use every advantage available to strengthen their competitive stance, increase efficiencies and reduce costs from development to operations and trading.
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 organization and industry’s unique needs in the following areas:
Operational efficiency
We help you identify the people, processes and systems to optimize operations during challenging circumstances. This drives increased efficiency and scalability and makes the best use of technology and other resources to optimize the supply chain and working capital.
Optimize operations during challenging circumstances
Optimize operations during challenging circumstances
Revamp processes to be more efficient and insightful
Digital and Advanced analytics
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
IT and OT cybersecurity
Provide solutions, advisory, and assessment services to reduce cybersecurity and compliance risks and better protect key systems and critical data. Our OT security team is highly experienced with leading frameworks compliance regulations and provide greater assurance for the safety and resiliency of operational environments:
Protect your business and your customers
- Protiviti’s team of Security & Privacy professionals have industry-specific experience assisting clients with mitigating cybersecurity risks across each of the domains (Identity, Security Monitoring, Security Strategy, Data Protection, etc.)
- Our team of OT Security experts understand the unique safety and operational challenges of OT environments and have experience providing assisting clients with improving the security and resiliency of their production environments/networks.
Protect your business and your customers
Understand market trends and opportunities
Energy transition
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.
Performance improvement & Managed services
Realize increased performance and efficiency in finance and accounting, integration, cash acceleration and more:
Increased performance and efficiency in finance and accounting
- Offload peak volume and transaction processing backlogs
- Design and implement shared services model
Increased performance and efficiency in finance and accounting
Revamp processes that are repetitive, time consuming and inefficient
Technology modernization & innovation
Embrace enhanced technology and new ways of thinking to drive the business forward. Sample services include:
- Establish technology strategy and architecture
- Support IT modernization through selection and implementation of systems and tools
- Build an inspiring organizational culture that promotes innovation and creative thinking
- Conduct ideation sessions to inspire team creativity
Sustainability (ESG)
Sustainability continues to evolve as companies recognize supporting environmental, social and governance (ESG) issues is essential to survive in the marketplace. Sustainability defines an organization, setting it apart from its competitors while impacting the whole organization in varying ways and intensities. While many companies are aware they must act, they find it difficult to strategically tackle the issue.
Sustainability defines an organization
- Assist Clients with ESG Data and Reporting
- Assess Sustainability Program Maturity
- Design Internal Controls focused in Sustainability Governance
Sustainability defines an organization
Understand and manage the ever changing risks
Energy risk management
In an era of price volatility for wholesale commodity markets, energy management is one of the most relevant issues for all energy players. The industry requires a deep understanding of the physical and financial markets and related risk management techniques. Protiviti supports clients in defining the right strategy and managing the uncertainties.
Next-Gen internal audit
Use internal audit to gain insight and grow confidence to meet ever-changing business challenges:
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
