Energy Cloud Platforms Unlocking New Business Value for Power Industry

Highly disruptive technologies and rapidly changing customer demands
are shaping an Energy Cloud ecosystem expected to transform the industry
value chain and provide more value to stakeholders

CHICAGO–(BUSINESS WIRE)–Navigant (NYSE: NCI) today released Energy
Cloud 4.0, a white paper detailing how energy stakeholders can
capture business value through the emergence of dynamic, high-growth,
customer-centric platforms.

The energy sector is in the midst of a major global transformation,
fueled by efforts to decarbonize the economy and address climate change,
and a broad shift toward an increasingly clean, distributed,
intelligent, and mobile energy ecosystem. According to the white paper,
central to this transformation is the Energy Cloud, a network of
networks that leverages emerging technologies and innovative business
models to provide new customer value in the form of energy and
non-energy products and services.

“Energy Cloud platforms sit at the confluence of rapidly changing
customer demands and highly disruptive technology,” says Jan Vrins,
managing director and leader of Navigant’s global Energy practice.
“These emerging Energy Cloud platforms have the potential to scale
faster and yield greater profit margins than the traditional
asset-focused and supply models that dominate the industry today, and
offer the potential to offset flat or declining load growth.”

According to the white paper, seven key Energy Cloud platforms can help
today’s industry leaders capture customer and shareholder value and
accelerate the energy transformation: integrated distributed energy
resources (iDER), Transportation2Grid, Building2Grid, Internet of
Energy, Transactive Energy, Smart Cities, and the Neural Grid.

Unlocking value beyond the electron, these Energy Cloud platforms are
expected to divert a growing share of revenue and power flow away from
centralized energy production and bulk transmission. By leveraging
innovative technologies, an increased demand for new energy products and
services, and viable business models, these platforms will support a
more sustainable, highly digitized, and dynamic energy system, impacting
all aspects of the energy value chain.

To succeed in tomorrow’s Energy Cloud environment, the white paper
recommends energy companies and utilities prioritize these objectives in
the short term:

• Move rapidly to the energy systems of the future — the time is now.
• Grasp market opportunities derived from increasing consumer demand for
  new energy products and services.
• Maximize the business benefits offered by Energy Cloud platforms and
  the digitization of the energy system.

“Energy companies and utilities need to be proactive in responding to
changing market pressures and increasingly agile in adopting innovative
new business models,” says Mackinnon Lawrence, director at Navigant.
“Although policy and regulatory reform is an important driver of
transformation, customer choice and technology innovation are relentless
instigators of disruption. These forces are critical in understanding
the Energy Cloud transformation.”

Navigant has been at the forefront of the Energy Cloud transformation
since developing its framework four years ago. Since then, we have
continued to evolve our perspective as the industry transforms to help
clients take advantage of new opportunities and capture value. For more
recommendations, download
the full white paper. Join the social media conversation through #EnergyCloud
and #FutureUtility.

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 & 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.

Contacts

Kyle Bland
Navigant Investor Relations
312.573.5624
[email protected]
or
Belia
Ortega
Navigant Corporate Communications
312.583.2640
[email protected]