As the Energy Transformation Accelerates, Cities Hold the Key to a Sustainable, Low Carbon Economy
December 13 2017 - 7:30AM
Business Wire
In a new white paper, Navigant outlines the opportunities and
challenges presented by the convergence of energy transformation
and smart city innovation
Today Navigant (NYSE:NCI) released Navigating the Urban Energy
Transformation, a white paper detailing the path to building smart
and sustainable future communities, providing specific
recommendations for cities, utilities, and other stakeholders.
By 2030, more than five billion people will live in cities, and
the convergence of energy and city innovation will be vital to
creating a low carbon global economy that is prosperous,
sustainable, and capable of providing a good quality of life to all
communities.
The low carbon city of 2030 will need to manage a complex set of
interdependencies between diverse aspects of city operations,
infrastructure, and Energy Cloud platforms. It will require
technological and policy innovation, new forms of partnerships, and
new energy business models aligned to a platform-based and digital
economy.
“The shift to a clean, distributed, intelligent, and mobile
energy ecosystem is essential, not only for meeting climate goals,
but also priorities such as improving air quality, reducing
congestion, and ensuring the future economic competitiveness of a
city,” said Jan Vrins, managing director and leader of Navigant’s
global Energy practice. “Building smart and sustainable cities of
the future will be complex, challenging, and exciting as cities and
energy stakeholders work together to advance progress.”
According to the white paper, there are five key areas where the
energy transformation is influencing future cities and in return
where cities are becoming more influential in shaping this
transformation:
- Accelerating the shift to renewable
energy: Cities are increasingly proactive in setting targets
for their power utilities to shift from fossil fuels to renewable
energy to help meet carbon emissions targets.
- Driving the adoption of smart grid
technologies: Support for renewable generation by city
authorities increases the pressure on utilities to deliver an
infrastructure that can integrate new resources and accelerate
changes in a city’s energy services.
- Increasing energy efficiency:
Collaboration between city departments and local energy utilities
to improve energy efficiency is one of the simplest and most
effective measures for reducing the energy footprint of a
city.
- Increasing resilience:
Resilience requires an assessment of each city’s complex and
interconnected infrastructure and institutional systems, and energy
networks are at the heart of this complex web of infrastructure
interdependencies.
- Shaping local energy markets:
Cities are becoming active players in their local energy markets,
collaborating with existing utilities, but also increasingly
willing to challenge and, in some cases, even compete with those
providers.
“Building tomorrow’s sustainable smart cities will require a
combination of new energy solutions, new technologies, new
approaches to city management and operations, and the development
of Energy Cloud platforms on which partners can support cities in
their transformation to a low carbon economy,” said Eric Woods,
research director with Navigant Research. “And if cities are to
deliver in their ambitious climate targets, the work must start
now.”
To read the full white paper, click here, and join the social
media conversation through #FutureCities.
With over 600 consultants, Navigant’s global Energy practice is
the largest energy management consulting team in the industry. We
collaborate with utilities, government and NGOs, industries and
large corporations, product manufacturers, investors, and oil and
gas companies to help them thrive in a rapidly changing energy
environment. Our clients include the world’s 50 largest electric,
water, and gas utilities; the 20 largest independent power
generators; and the 20 largest gas distribution and pipeline
companies. Navigant’s seasoned professionals and highly skilled
specialists form exceptional teams to help clients transform their
businesses, manage complexity and accelerate operational
performance, meet compliance requirements, and transform systems
and governance to address upcoming changes as the energy
transformation takes hold.
About Navigant
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global
professional services firm that helps clients take control of their
future. Navigant’s professionals apply deep industry knowledge,
substantive technical expertise, and an enterprising approach to
help clients build, manage, and/or protect their business
interests. With a focus on markets and clients facing
transformational change and significant regulatory or legal
pressures, the firm primarily serves clients in the healthcare,
energy, and financial services industries. Across a range of
advisory, consulting, outsourcing, and technology/analytics
services, Navigant’s practitioners bring sharp insight that
pinpoints opportunities and delivers powerful results. More
information about Navigant can be found at navigant.com.
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Navigant Investor RelationsKyle
Bland312.573.5624kyle.bland@navigant.comorNavigant Corporate
CommunicationsBelia Ortega312.583.2640belia.ortega@navigant.com
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