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EY | News | Energy

An overview of global EY news:

United Kingdom

Green energy will dominate electricity generation by 2038 The global energy transition from fossil fuel energy sources to renewable alternatives is gaining momentum, according to a new report from EY.
09 January 2024
Australia

Management consultants to appear at Melbourne energy conference A host of industry-leading consultants are due to appear at the upcoming Australian Energy Week conference in Melbourne, including representatives of McKinsey, Ernst & Young, Accenture and Nous Group
11 June 2023
Europe

Wavering consumer confidence could stall the energy transition Consumer confidence seems to be diminishing as the impact of the energy transition becomes more apparent, leaving lower-income demographics feeling marginalized.
16 May 2023
Europe

The most attractive markets for renewable energy investment Since 2003, professional services firm EY has ranked the world’s top 40 markets on the attractiveness of their renewable energy investment and deployment opportunities.
08 January 2023
Australia

EY caught up in alleged Australian coal quality scam Professional services firm EY has become embroiled in an alleged Australian coal quality scam, accused by an anonymous whistleblower of having turned a blind eye to the fraudulent behaviour.
29 November 2022
Malaysia

How EY is helping TNB transform its customer strategy and operations Over the past years, EY has supported Malaysia’s national energy provider Tenaga Nasional Berhad with a large-scale overhaul of its customer strategy and operations.
03 February 2022
Australia

EY partners with Microsoft for CDR compliance in energy sector As the Consumer Data Right compliance deadlines draw closer for the energy sector, Ernst & Young and Microsoft have come together to offer a new service aimed at reducing risk and cost.
15 December 2021
Malaysia

How EY is helping Tenaga design and deliver a major customer transformation As part of its 10-year strategy, Malaysia’s national energy provider Tenaga Nasional Berhad is transforming the way it serves its customers – boosting customer experiences through the improvement of
30 November 2021
Canada

Developing Canada's hydrogen market could create jobs and reduce emissions Developing Canada's nascent hydrogen market could create up to 350,000 jobs by 2050 while also reducing greenhouse gas emissions by 26%, according to a report from EY Canada and The Canadian Energy a
29 October 2021
United Kingdom

Renewable projects could help G20 find 22% of 2030 targets A new report has identified a number of renewable energy projects, which could deliver 22% of emissions reductions promised by leading countries before 2030.
21 July 2021
Asia

8 charts on the private sector's growing backing of clean energy While private sector backed investments in renewable energy are on a steep growth trajectory in Asia, there is potential for much more, according to a new report by consulting firm EY and the Europea
21 April 2021
Middle East

Executives in oil & gas are gearing up tech and talent investments Under siege from all directions, the global oil & gas industry is turning to technology for answers. A new EY report presents the state of tech in the industry.
12 November 2020
Asia

Six charts on the talent gap challenge in the oil & gas sector A new report from EY sheds light on the state of the workforce in the oil & gas sector.
10 November 2020
Australia

WWF and EY call government to invest $2 billion in renewables A new EY study commissioned by the Worldwide Fund for Nature (WWF) recommends that Australia focus on renewables in its economic recovery from Covid-19.
14 July 2020
Asia

Asia's top renewable energy markets: China, India and Japan According to a new report by EY, seven Asian countries rank among the globe’s most attractive markets for renewable energy sources including wind power, hydropower and solar energy.
10 June 2020
United States

US retakes position as globe's top renewable energy market The US has retaken the top position in EY’s Renewable Energy Attractiveness Index (RECAI) for the first time since 2016.
09 June 2020
Canada

Government policy the key factor in electric vehicle uptake, finds EY Government policy on oil sector subsidies, carbon tax, and electric vehicle (EV) incentives will drastically influence how many drivers convert to EVs over the next decade, according to a recent repo
25 November 2019
United Arab Emirates

ENOC partners with EY and BCGDV on new accelerator programme The Emirates National Oil Company has announced the launch of an energy sector accelerator with the support of Ernst & Young and BCG Digital Ventures.
07 August 2019
United Arab Emirates

EY teams with World Energy Council for Abu Dhabi world congress Big Four professional services firm Ernst & Young has come on board as a platinum sponsor for this year’s World Energy Congress to be held in Abu Dhabi in September.
30 July 2019
United Kingdom

Brexit sees attractiveness of UK for renewable energy investment tumble The persistent uncertainty caused by the Brexit process has blighted many industries throughout 2018.
21 November 2018
South Africa

Former EY advisor Priscillah Mabelane CEO of BP South Africa Twenty-three years after the election that saw the end of legal Apartheid in South Africa, British Petroleum (BP) has named its first black female CEO in South Africa.
08 November 2017
United Kingdom

Transactions in power & utilities moving to renewables Transactions in the power and utilities sector have increasingly moved toward renewable deals according to a new report.
15 September 2017
United Kingdom

M&A activity in Power & Utilities shifting to renewables and tech M&A within the global Power & Utilities sector is moving further towards renewable generation and related disruptive technologies as the writing is on the wall regarding the mid-term need to develop sustainable energy assets.
19 September 2016
United Kingdom

The top 40 countries for renewable energy and green electricity Distributed energy resources are on the rise as a confluence of political, economic, technological and social powers begins a transformation towards a more sustainable energy system.
28 June 2016
United Kingdom

M&A activity in Power & Utilities sector grows to 200 billion M&A within the power and utility sector has, according to new report, enjoyed a bumper year.
24 March 2016
United Kingdom

Improved gender parity boosts financials of Utility companies Gender parity has been, in a number of recent academic and industry reports, correlated with improved business performance in several industries.
15 March 2016
United Kingdom

EY: 92% of oil & gas capital project JVs exceed budget More than nine out of ten (92%) of oil & gas projects run by JVs are exceeding their budget, compared to 83% of non-JV projects, research by EY shows.
15 December 2015
United Kingdom

EY: Power & Utilities firms losing ground in diversity The Power and Utilities industry is losing ground when it comes to the number of women in the boardroom, research by EY shows, with the number now at 17%.
13 April 2015
United Kingdom

EY: M&A in Power & Utilities reaches 177 billion 2014 saw M&A deals in the global power and utilities (P&U) sector increase by 41% over 2013, a recent EY report highlights.
12 March 2015
United Kingdom

EY: Energy sector huge contributor to the UK economy The energy sector has hugely impacted the UK economy in 2013, concludes a new report by EY, commissioned by Energy UK. The report shows that the industry has generated around 6% of the GDP in 2013, and that one in every 44 jobs is connected to the
29 October 2014
United Kingdom

EY: UK's appeal renewable energy destination dropped According to EY’s latest 'Renewable Energy Country Attractiveness Index', the UK has dropped for the first time since December 2009 to the seventh place, a place that represents the lowest place in five years. Ben Warren, Environmental Financ
23 September 2014
United Kingdom

8 consulting firms partner of European Utility Week 2014 On 4 November 2014 the European Utilities Week kicks off, one of the largest events in Europe for experts in the energy utilities sector. Approximately 10.000 managers, consultants, and scientists working in the ecosystem of the energy a
02 September 2014

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