Securing Opportunities from the Emerging Energy Cloud
Operating at the intersection of energy and materials, the global manufacturing industry will be affected by the major transition in the energy sector and the shift towards a more sustainable and resource efficient economy. New technologies and business models will emerge and transform manufacturing as the world knows it today.
Navigant’s latest white paper, Sustainable Manufacturing Transformation: Securing Opportunities from the Emerging Energy Cloud, identifies six megatrends shaping the transformation of the manufacturing industry across three major transformational waves. It explores how manufacturing companies can create additional value for customers, shareholders, and other stakeholders through optimized and responsible operations.
Understanding these waves and developing pathways to fully maximize their value is key to creating a strong position in the manufacturing industry of the future. Amid this transformation, current production systems will become more sustainable, responsive, and digitized — just as the energy ecosystem evolves into a cleaner, more intelligent, distributed, and digitized network of networks, the Energy Cloud.
While this transformation is one of the biggest challenges since the start of the industrial revolution, it is also a great opportunity to create more value for the manufacturing industry’s customers and shareholders.
Jan Vrins Leader of Navigant’s Global Energy Practice
The disruptive megatrends are already underway, shaping the sustainable manufacturing transformation. Sustainable Manufacturing Transformation: Securing Opportunities from the Emerging Energy Cloud explains these trends and how they can be leveraged to create additional value for customers, shareholders, and stakeholders:
Climate Action: A rising number of companies in different sectors are setting out commitments to reduce their greenhouse gas emissions through formal initiatives like Science-Based Targets
Energy System Transition – Energy Cloud: Growing penetration of renewables and alternative fuels and scale-up of distributed energy resources and flexibility solutions
Circular Economy: Increasing implementation of circular economy principles in product design and applying intelligent design (recyclable, reusable products) without compromising product functionality
XaaS: Novel, ownership-less business models emerging across sectors, from carsharing platforms to apparel leasing, some of them threatening incumbents, and new business models reducing the demand for new products/intermediaries
Additive and Micro-Manufacturing: Rapid growth of on-demand manufacturing for production of both intermediate products or product parts and consumer products
Industry 4.0: The manufacturing segment is the largest investor in Internet of Things, enabling more efficient operations and logistics