Global Energy Consulting Category - Procurement Market Intelligence Report
About Energy Consulting Market
Governments worldwide have imposed regulations to curb greenhouse gas emissions through promotion of energy-efficient equipment such as LED lights and alternative energy sources (renewable energy such as wind energy, hydroelectricity, and solar energy). As a result, the energy consulting sector is experiencing growth as industries (such as power generation, utilities, construction, and transportation) across countries such as the US, the UK, and China have taken initiatives and pledges to reduce carbon emission based on government mandates.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Energy Consulting Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Energy Consulting Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Energy Consulting Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Energy Consulting Category - Procurement Market Intelligence Report: McKinsey, Deloitte, Accenture, PwC, and General Electric.
Commenting on the report, an analyst from SpendEdge said: “One of the best procurement practices is to ensure that service providers hire consultants that are certified by reputed energy consulting associations and programs such as Association of Energy Engineers and certified energy analyst program for performing such services.”
According to the report, a key reason behind the growth of the global energy consulting market is the increase in government regulations on the energy sector. Governments worldwide have imposed regulations to curb greenhouse gas emissions through promotion of energy-efficient equipment such as LED lights and alternative energy sources.
Further, the report states that a key procurement pain point experienced by procurement managers in this market space is the volatility in regulatory policies and energy prices making it difficult for buyers to select and optimize appropriate environmental strategies. Therefore, service providers face challenges in estimating accurate budget for a long-term energy-efficient project due to volatile energy resource prices.
McKinsey, Deloitte, Accenture, PwC, and General Electric.