Energy Transition Services
Energy Transition Services
Tom Bucher
Director
Michelle Isenhouer Hanlin
Director
Joel M. Laubenstein
Principal
Andy Roehr
Managing Director
Thomas E. Unke
CPA
Principal
With the energy transition, every company is an energy company. No matter your organization’s priorities – creating greater sustainability, developing distributed energy resources, improving community services, driving cross industry efficiencies or making your commitment to the “E” in environmental, social and governance (ESG) real, we can help.
What is energy transition?
The energy industry is undergoing rapid change: decarbonization, environmental and consumer activism, new technologies, regulatory changes and a focus on sustainability are driving the change. Enter energy transition – the global shift to sustainable economies through renewable energy, energy efficiency and reliable energy development. Energy transition impacts every business, institution and individual.
With the future of energy shifting from fossil-based systems to more sustainable sources, organizations need to understand the issues around reliability, cost and innovation lifecycles. Forward-thinking organizations are preparing now for the future of energy.
We work with companies, governments, universities, communities and energy market investors to help them understand, evaluate, comply with and profit from the changing energy landscape.
Where are you on your journey?
Every organization’s journey to energy transition will be different. Utilizing the full suite of resources within our firm, Baker Tilly’s energy transition team will help your organization start or expand your journey. Our team members have an average of 20 years of experience working with companies in all industries. This experience, combined with our deep expertise in power and utilities, allows us to holistically address energy transition throughout your organization.
Baker Tilly’s market offerings to address the global energy transition ecosystem fall into these primary categories:
- Smart grids, cities and businesses – Developing the new generation of infrastructure to support integration of distributed energy resources (DERs)
- Microgrid development and resilience – Creating a business case, developing a roadmap, managing execution and reporting on results
- Renewables and portfolio transition – Assessing and optimizing the transition of supply portfolios
- Transportation evolution (fuels and fleets) – Evaluating options for decarbonization including electric vehicles, green hydrogen and renewable diesel
- New business models for the evolving energy ecosystem
How we can help
- Financial/techno-economic assessments
- Strategy, roadmaps and capabilities
- New business and operating model development
- Due diligence and other acquisition support
- Business and technology architecting
- Enterprise level program management
Environmental, social and governance (ESG)
ESG is emerging as the preferred framework for companies to transparently report sustainability activities. Whether you’re looking to expand on existing ESG efforts or if you’re just getting started, we’ll meet you where you are.
Industry specialization
Energy
With expertise in oil and gas, power and utilities and renewable energy, we provide a collective view with measurable results.
ESG & Sustainability
Leading in specialties including compliance, risk, controls, assurance, sustainability, decarbonization strategy development and technology consulting, we provide comprehensive environmental, social and governance (ESG) and sustainability advisory that spans solutions for any company, function or challenge.
Manufacturing & Distribution
Providing manufacturing consulting solutions to help businesses reduce risk and improve efficiencies across the supply chain.
Oil & Gas
During an evolving energy landscape, traditional oil and gas enterprises continue to be pivotal to both the U.S. and global economies. Our dedicated financial experts are deeply entrenched in the industry, offering a comprehensive suite of oil and gas accounting services.
Power & Utilities
Baker Tilly’s utilities team works with clients to confront complex challenges that collide with demands to provide quality constituent services and increase efficiency and effectiveness.
Private Equity & Portfolio Companies
From private equity firms and their portfolio companies to family office, Baker Tilly leverages industry knowledge and operational experience to offer clients value from the fund level down through the entire portfolio.
Renewable Energy
Leading the way for the future of power, our renewable energy consultants advise developers, manufacturers, utilities, critical mineral extractors and everyday organizations through every stage of renewables power for a sustainable future.
Real Estate
Innovative real estate consulting, tax and assurance solutions for developers, owners, investors and property managers.
Guiding insights
Plugging into the grid – the challenge of renewable project connectivity
The passage of the Inflation Reduction Act (IRA) in late summer of 2022 has dramatically accelerated the development of distributed and clean energy projects which have the potential to create significant new loads on the grid to support advanced electrification projects like electric vehicle (EV) charging.
Smart cities, district energy and decarbonization
District energy solutions are often tied to a rethinking of economic development goals for cities that want to entice companies to relocate or establish operations. By providing cost effective and cleaner energy, cities support improved business profitability, increase consumer purchasing power and ultimately drive employment growth.
Planning your transportation transition
For the last 75 years, the basis for transportation in the U.S. has been consistent: gasoline/diesel-powered vehicles with a well-established infrastructure that provides ubiquitous public and private refueling options for vehicles that deliver significant range and effective climate control. The comfort and predictability of that model is challenged by the transition to Alternative Fuel Vehicles (AFV), which is underway driven by concerns around decarbonization and enforced through regulation and legislation.
Evaluating electricity power projects
Municipal electric and gas utility implements process for aligning electricity power projects