The utility sector is complex and rapidly changing as companies pursue new models of value creation. Some strategies fiercely reinforce the traditional integrated utility strength of owning production, distribution and the customers. Others seek competitive advantage, or have it thrust upon them by regulators, by concentrating on particular parts of the energy chain.
National boundaries are falling as cross-border investment progresses, but the trend toward liberalisation, convergence and competition is by no means uniform across territories.
Since the push for a fully deregulated energy industry in Australia began to take shape, our utilities industry has undergone significant change. Utilities companies in Australia face both old and new challenges including:
- Regulatory uncertainty and unwieldy processes for effecting change
- High level of market risks
- Unclear direction on energy policy
- Lack of interconnectivity
How PwC can help you
In an ever-changing landscape, PwC help energy and utility companies confront the industry's most challenging issues. We are the leading global adviser to the utilities industry.
