Future Of The Energy Services Landscape (Part 1)
07 Apr, 2025
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Executive Summary
The B2B energy services market landscape is evolving, with new market participants, new customers and new service lines. The tantalising and lucrative cash cow that is net zero and the energy transition of commercial buildings has sparked a gold rush, in which a majorly expanded set of service providers have their elbows out, fighting for their piece of the prize. At the same time, building owners are committed to energy efficiency, energy resiliency and net zero, but lack the capital and skills to deliver it, leaving the door wide open for service providers. This report forms the first of a two-part series exploring the changes happening in the energy services landscape. Service providers and businesses alike can use this report to better understand how the services on offer, and the providers offering these services, are evolving. In addition, the report explores how building owners’ need for services, and their expectations on how they are delivered, are changing. The upcoming second part of this series will explore what these changes mean for the future of the energy services market.
Summary for decision-makers
Energy managed services: a market in transition
The face of the energy services market has evolved considerably across four main aspects
Real estate managers turn to outsourcing as a solution to increasingly complex energy management demand
Customers demand energy services be transparent, scalable and derisked
The energy services market landscape is fragmented, highly competitive and diversifying
Energy managed services: a market in transition
The face of the energy services market has evolved considerably across four main aspects
Real estate managers turn to outsourcing as a solution to increasingly complex energy management demand
Customers demand energy services be transparent, scalable and derisked
The energy services market landscape is fragmented, highly competitive and diversifying
Figure 1. History of the energy services landscape
Figure 2. The new landscape of energy service providers
Figure 3. The majority of corporate facilities teams across all regions are outsourcing their sustainability and energy management
Figure 4. Customer drivers for engaging with energy services
Figure 5. Service providers across heritages are expanding their offerings into new lines
Figure 6. The evolution of B2B energy services
Figure 2. The new landscape of energy service providers
Figure 3. The majority of corporate facilities teams across all regions are outsourcing their sustainability and energy management
Figure 4. Customer drivers for engaging with energy services
Figure 5. Service providers across heritages are expanding their offerings into new lines
Figure 6. The evolution of B2B energy services
Metrus, Allumia, Equans, EY, KPMG, International Energy Agency (IEA), Redaptive, BrainBox AI, Elyos Energy, Wesco, AB InBev, CBRE, Ameresco, Sparkfund, EMCOR, Schneider Electric, Trane, METRON, Iberdrola, Bernhard, WSP, Buro Happold, Veregy, Cascade Energy, E.ON, Alturus, ENGIE, Bouygues, ISS, Beck & Co., Arcadis, ERM, Hoare Lea, Shell Energy, Centrica, Cushman & Wakefield, Gridium, Budderfly, JLL, BGIS, EDF Renewables, EDF, Mitie, Uplight, Nuvolo, Enel X, Spacewell, Carrier, Sodexo, McKinstry, Johnson Controls, Lawrence Berkely National Laboratory, Siemens, AECOM, Arup, BP, TotalEnergies, Deloitte, Atrius, Univers, Honeywell, SSE, PwC
About the Authors
Ben Readman
Industry Analyst
Ben is an Industry Analyst in the Verdantix Smart Buildings practice. His current research agenda focuses on ESG strategies and technologies for real estate, and corporate rea…
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Claire Stephens
Research Director, Smart Buildings
Claire Stephens is Research Director of the Smart Buildings team. With 18 years of experience in the sector, Claire is recognized as an expert in industries that make up the b…
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