Opportunity Assessment and Identification of Use Cases, Technologies and Relevant Business Models for 24/7 Carbon Free Electricity
Quick Overview
The client – a global energy company aiming to tap into emerging opportunities in energy transition space, sought to identify market opportunities for solutions, products, and services that provide 24/7 carbon-free energy (CFE).
Client success details
With the support and insights delivered by FutureBridge, the client could assess the U.S. and European markets with respect to regulatory framework and the business models offered by various energy giants.
The key questions addressed through this engagement were:
 At the scale of utility grids, 24/7 CFE does not look feasible by 2050. However, there is a mass of voluntary initiatives from a few select industry segments to pursue 24/7 CFE. Due to their rapid growth and expanding scale, hyperscale information technology data centers are likely to become the largest consumers of 24/7 electricity in the foreseeable future. |
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The engagement comprised of a holistic approach to assessing the demand for 24/7 CFE solutions which comprised of the following key elements:
- Identifying and shortlisting the potential industrial segments and players who may be buyers for 24/7 low carbon electricity solutions.
- Mapping of the potential sectors through various parameters like load profile, industry scalability and willingness to adopt 24/7 CFE targets.
- Identifying announced, under construction and operational projects offering 24/7 carbon free electricity and the associated use cases.
- Developing a 24/7 carbon-free electricity value chain schematic for each technology combination, identifying key solutions, products, and services needed for commercialization and scaling.
With this engagement, FutureBridge identified several sectors for the client to focus on, which are potentially attractive for 24/7 carbon-free electricity adoption. Additionally, FutureBridge recommended a range of dispatchable renewable energy and storage solutions for the client to incorporate into their product and service portfolio to cater to the 24/7 carbon-free electricity market.
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