UAE Business: 3Ds set to transform energy and resources sector: report – Gulf Digital News

UAE Business: 3Ds set to transform energy and resources sector: report – Gulf Digital News

The next decade will witness some of the most exciting and transformative years in the energy and resources industry’s history, says Arthur D Little (ADL), a leading management consulting firm.

In its 2022 energy flagship report, Disruption Is Now, ADL draws attention to key trends that are currently shaping the energy and resources industry as it transitions with great ambitions toward net-zero.

Below are the three trends listed in the report:

• Decarbonisation will be the most important overarching trend for all sectors and the world in general. It is already having a fundamental impact on the strategic thinking and future investment decisions of companies in all sectors;

• Decentralisation for a far more localised solution in favour of service delivery rather than a reliance on a much wider national or regional infrastructure. The mission then for energy grid firms is to create future-proof energy infrastructures that can accommodate technologies such as intermittent and decentralised generation;

• Digitization or the need to digitize operations to enhance efficiency, thereby reducing costs, increasing revenue stream by diversifying into new products and services as well as improving customer experience are increasingly important for energy players and fundamental to their transformation.

As part of the analysis, Arthur D Little has