UK Energy Services Market – 2020 Update

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Executive Summary

Lacking serious legislative pressure and with relatively stable energy prices, the traditional UK energy services market has remained stuck in a state of low growth for the past five years. Despite this underlying picture, there are two important subtleties to this market which must not be overlooked. Firstly, this anaemic market growth has not been constraining for every firm, with some achieving growth rates well above the market. Secondly, beyond the traditional UK energy services segments (energy procurement, utility bill management, energy data as well as asset control services, energy consulting, energy efficiency project implementation and onsite generation installation services), new segments have emerged with far more attractive rates of growth. To examine both themes in more detail, Verdantix conducted 31 non-attributable expert interviews with stakeholders across the industry, including commercial directors and engineering leads on the supplier side. On the buyer side, we spoke with facility managers and asset managers.   
UK Energy Services Market – 2020 Update
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About the Authors

Ibrahim Yate

Ibrahim Yate

Senior Analyst

Ibrahim is a Senior Analyst in the Verdantix Smart Buildings practice, which he joined in 2016. His current agenda covers innovation in software and hardware solutions for spa...

Stuart Neumann

Stuart Neumann

SVP, Advisory Services

Stuart is SVP Advisory Services at Verdantix, leading the global delivery of strategic consulting for C-Level executives. He supports corporates, technology vendors and invest...

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