In a new white paper, Navigant outlines the opportunities and challenges presented by the convergence of energy transformation and smart city innovation
CHICAGO – Dec. 13, 2017 – 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:
“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.
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.