Energy and utilities
CITI has a long history of supporting the energy industry, seeing it through deep changes over the past 20 years, from our early involvement in the de-regulation of the UK’s electricity generating and distribution industry to our work with renewable energy companies today.
The energy industry is undergoing massive change as we all, globally, respond to climate change, widely believed to be caused by emissions of greenhouse gases and, in particular, our carbon emissions.
In the UK, regulatory changes have been introduced to aggressively address our own emissions. There are certain key milestones in the UK as legislation, driven by global agreements, become law; power generating companies must plan their operations carefully to meet the strict carbon emissions targets laid out for us. Older power stations require a great deal of investment to become compliant and so many will close over the coming few years. In their place, energy producers are building many new, efficient gas turbine stations, nuclear power stations and renewable energy stations, such as wind farms.
This all means huge change for the organisations charged with producing our electricity, fuel and alternative energy resources. We are working with several of Europe’s largest energy producers to meet those challenges. Our partnership often starts at board level to translate their strategies into programmes that will implement and sustain the step and evolutionary changes to their organisations. It often involves the professionlising of their project management communities so that the right capability is in place to deliver those key transformation programmes and projects.
Clearly there are difficult changes ahead for our customers, but with the right planning and change management, supporting agile business operations, and visionary leadership, the opportunities to change the impact we have on our environment will also deliver benefit to their businesses. We will be there every step of the way to help them plan for and realise those benefits.
Magnox South - Bridging the gap...
Tackling Britain’s nuclear legacy is one of the most important and demanding managerial, technical, commercial and environmental challenges facing the UK over the next century.
RWE npower - projects as creators of value
A power station that’s not working can be extremely costly! Project management is an essential aspect of managing the times when a station is taken out of production, for scheduled maintenance and repair.
British Nuclear Group - programme led modelling
Faced with a competitive bidding environment, British Nuclear Group was able to model how programme management would positively affect their ability to win competitive bids.