The Boston Consulting Group (BCG) is pleased to announce the launch of the BCG Center for Energy Impact (CEI). The new center will engage with companies and policymakers on the future of energy to shape thinking about the availability, economics, and sustainability of the world’s energy sources and to consider the implications for energy companies and their portfolios.
According to Alan Thompson, the global leader of BCG’s Energy practice, “The disruptive changes in the energy industry are really only just beginning, and CEI will create a forum to provide challenging ideas to drive performance.”
CEI is headquartered in Washington, DC, and led by J. Robinson West, the founder of PFC Energy and a well-known leader in the industry. Members of CEI’s team work with BCG’s broader energy practice to provide senior expertise and targeted, actionable insights to the firm’s wide range of clients around the world. And together with its advisory board of industry leaders—chaired by Andrew Gould, the former CEO of Schlumberger and the chairman of BG Group; James Hackett, the former CEO of Anadarko Petroleum; and Hassan Marican, the former CEO of Petronas—CEI provides a unique platform for industry dialogue.
The team is composed of senior thought leaders selected by their proven ability to advance thinking on topics that are critical for the energy industry. Through forward-looking analysis and insight, CEI will advise and challenge industry leadership and policymakers on the crucial issues affecting the industry and their businesses, identifying both emerging trends and potential solutions.
“With this move, BCG and CEI are committed to provide a global and holistic perspective to our clients in the energy industry. We will continue to present impactful insights that will enable organizations to achieve sustainable advantage” says Kaustav Mukherjee, who leads BCG’s Energy practice in India.
Initially, CEI will target three key areas for the changing industry:
Upstream Strategic Trends. CEI will provide structured and custom analysis on major trends in upstream strategy and portfolios, focusing on the rationale for different strategic approaches and providing forward-looking identification of potential pivot points in the industry.
Oil Markets. CEI will develop insights on major trends in the evolving oil market structure, assessing critical drivers and highlighting the factors that will create the oil market of the future, and how companies can best position themselves to forecast the changes ahead.
Country Dynamics. CEI will evaluate the major political, economic, and other aboveground factors that affect both specific company strategies and the energy industry overall.
CEI’s focus will expand to cover broader crosscutting, global, and emerging topics in the industry, including international natural gas markets, responses to climate change, and innovation in the energy service sector.