Energy consulting

Tuesday, September 29, 2015

Energy consulting companies work with a wide variety of clients, from manufacturers to multinational energy firms and governments.

The private sector usually hires a consultant to help develop strategies to exploit energy markets while the public sector tends to seek help in devising and evaluating energy policies.

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Both sectors also use consultants to audit energy use and identify ways of reducing costs and shrinking CO2 footprints. A petrochemical company may, for example, look to reduce energy use in an industrial process while a country's energy ministry may want to develop a new energy efficiency labelling system.

Consultants also work with private firms to help in leveraging or arranging funding for projects such as a wind farm and helping ensure their projects comply with local legislation.

For example, Mexico recently reformed its energy market. The private sector can now participate in the country's electric power and hydrocarbons sectors – and energy consulting companies are helping potential investors understand the legal landscape and identify and take advantage of opportunities on offer.

Some energy consulting companies are based across the border in Houston, a hydrocarbons business hub.

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