Energy Transition Readiness: A Practical Guide
Empowering business for energy transitions requires adequate tools. The Center for International Business and the Brabantse Ontwikkelings Maatschappij are happy to share a comprehensive model which helps and guides organizations in their energy transition readiness.
Energy Transition Readiness Model
Our infographic simplifies the process of energy transition, making it easy for users to grasp the essential components and flow. Explore it to gain a comprehensive overview of the model.
We missed something in the established energy transition models. We notice that companies need more guidance in this complex change process
In the article Energy Transition Readiness: A Practical Guide, Anna shares her insights on Energy Transition Readiness, together with her co-author Jack Wasser, Program Manager Renewable Energy at the Brabantse Ontwikkelings Maatschappij (BOM). Together, they state that the urgency for a global energy transition to combat climate change has highlighted the need for businesses to adapt and evolve. While existing approaches often focus on technological readiness or country-level assessments, Anna and Jack propose a new model, shifting the focus to the business level.
The article addresses the intricacies of energy transition from within the business environment, offering a detailed framework for evaluating Energy Transition Readiness across multiple aspects and departments of an organization.
Our practical guidelines promote the integration of technology and business solutions, aiding in the identification of intervention areas and progress monitoring
Focusing on a business’ capacity and agility, two key dimensions necessary for successful energy transitions, businesses can effectively evaluate their readiness, monitor progress, and identify specific areas requiring intervention. This targeted approach ensures that companies can streamline their internal assessment processes, enabling comprehensive evaluations across various departments.
Additionally, the model serves as a valuable benchmarking tool, allowing businesses to compare their ETR with peer organizations within their industry: “The approach we propose offers multiscale benefits, extending beyond individual organizations to benchmark industry evolutions and trends, thus providing a solid foundation for targeted policy interventions. This ensures a comprehensive approach to energy transitions.”
To access the model and the full publication, follow the link here.