Energy and utilities
Governments' commitments to carbon neutrality and decarbonization, the development of electric vehicle infrastructure, smart energy grids, the decommissioning of coal-fired assets, the achievement of grid stability and increasing environmental pressures have all forced utilities to make far-reaching operational and infrastructure changes, and the trend is set to continue. Globally, capacity needs to increase rapidly to meet tomorrow's energy demand, and to do so in a sustainable and resilient way. Our team brings expert knowledge of the world's energy markets, and our knowledge of local regulations ensures that you can operate effectively in a wide range of markets. We provide tailored auditing and consulting services to enable you to respond effectively to future energy needs.
Our approach
New energy sources combined with transformative technologies are revolutionizing the energy and utilities sector. The rise of renewable energy, increased demand from developing economies, the decentralization of grids and production, technological advances, and digitalization are occupying the minds of energy producers, utilities, and investors.
At Forvis Mazars, our aim is to provide you with the solutions you need to meet your business objectives and grow in a competitive market. Our integrated international structure, combining industry expertise with specialists in areas such as audit, tax and financial advisory, enables us to provide sound advice across the entire energy value chain, from extraction to distribution to the end consumer.
We understand and support the renewable energy movement, and understand how it is driving change across the sector. Our specialist renewable energy teams can provide unique insights.
Our team has extensive experience optimizing profitability for utilities, independent power producers, and investors through operational and financial efficiency, including outsourcing and data analysis. We master the specific expertise of modeling, an essential tool throughout the entire lifecycle of a project, from feasibility to valuation for sale. We also focus on economic, social, and governance (ESG) issues such as accounting and green audits.
After decades of consolidation, a small number of international players now remain, serving millions of consumers. Leveraging our international structure, we are able to support these companies both domestically and abroad, while maintaining the local knowledge that is essential in a sector where national regulations often drive profitability.
Services tailored to meet the challenges of a changing industry:
Support in financing and developing your projects
- Operations consulting
- Infrastructure financing
- International development and external growth: studies of investment opportunities in the energy sector, assistance in managing integration projects, and financial, tax and legal support for setting up subsidiaries or companies
Optimizing your operations
- Financial management: auditing and accounting, financial engineering, cost alignment as part of business strategy, financial modeling of investment projects
- Data and automation: enhancing the power of your data and protecting it
- Risk management: adjusting investment levels in line with industrial risks, internal control, risk mapping, identification and prevention of fraud risks
- Operational management: industrial asset optimization, global supply chain optimization, industrial site maintenance strategy
Promoting the transition to new energies
- ESG audits
- Optimization of carbon strategy
- Consulting services on all aspects of sustainable infrastructure development and access to sustainable finance