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Energy & Utilities

The current energy system is considered unsustainable. Today’s energy supply and use largely negates environmental costs, exploits scarce resources and pays too little attention to environment risk aspects. In spite of this, the global energy industry and its utilities are increasingly being shaped by sustainable strategy orientations. These new orientations have their origins, on the one hand, in a shift in the consciousness of society towards a more sustainable way of life and, on the other hand, in political motivations towards a reduction of emissions and the greenhouse effect. The result is a slowly changing consumer behavior towards a more environmentally conscious consumption as well as legal changes consisting of regulations and support programs in favor of renewable energies and energy efficiency. Although this development is still in its infancy on a global scale, it is characterized by steady growth and promises a turnaround for global society and the economy towards a more sustainable value creation and lifestyles.

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