Jaime Ruiz-Cabrero

Increasing global uncertainties have negatively impacted energy equity and energy security. However, increasing volumes of clean energy investments, improved regulatory frameworks and urgency to address the climate crisis are balancing out some global trends in the journey towards an equitable, secure, and sustainable #energy future. The “Fostering Effective Energy Transition 2024” report – produced by World Economic Forum, in collaboration with Accenture – reveals that: - Global average Energy Transition Index scores increased by 6% since 2015 but showed slower growth in the past three years - Sweden, Denmark, Finland, and Switzerland lead the rankings (Italy charts 41 out of 120 surveyed countries). - The top 10 countries account for only 1% of energy-related CO2 emissions, 3% of total energy supply, 3% of energy demand and 2% of the global population. The full report, key findings, country profiles, and infographics are available here: https://lnkd.in/dXHdNspw

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The moment to act is now. Spain and Portugal could lead reindustrialization in Europe, thanks to its natural resources and robust industrial foundation. Over the past few decades. Europe has seen a wave of deindustrialization and loss of competitiveness. The energy transition could reverse this trend. Learn more here: https://lnkd.in/gmNmfKPb #IndustryandEnergyTransitionInitiative #Energy #EnergyTransition #Industry

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Our Blueprint Energy Solutions Reasearch and Innovation 💡 team will be present at EU projects zone to support both ENPOWER and Begonia Project - looking forward to presenting our accomplishments so far in domains of #EnergyDataSpaces and #DataDriven #EnergyCommunities ➡️

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I also finally caught up with our sobering 'where are we really' article by great colleagues including Diego Hernandez Diaz. It seems that we are getting to the end of the low hanging fruit on many areas of the transition. I spend a lot of my time talking to clients about how to make the business cases of their low carbon energy projects fly with less reliance on governments. Sometimes, it is easier than they initially believe, but often involves cutting across multiple different lines of business or going into new areas for additional revenue streams. It is truly a system rewiring effort. What's the answer? We just need to do more, faster :) Let me know if you have a project in one of these sectors that you want to accelerate or improve the business case for, I would be more than happy to help https://lnkd.in/eXj6i9vv

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🌍 **The Future of Power Markets: A Paradigm Shift in Energy** ⚡ In our latest report, "The Five Forces Transforming Power Markets," we explore the game-changing trends reshaping electricity markets as the world accelerates toward net zero. The energy transition is not just about going green—it's about navigating a complete transformation in how power is generated, priced, and consumed. 🔋 **Key forces driving this transformation:** 1. **A Fixed-Cost World**: Renewables are pushing the system towards fixed-cost generation, with over 85% of costs set to be fixed by 2050. 2. **Electricity Will Often Be Free**: Increased renewables mean low or near-zero electricity prices will occur 20–25% of the time. 3. **Except When We Need It Most**: Thermal and flexibility assets will remain critical during peak times, creating a new generation of price setters. 4. **Winter is Coming**: Seasonal divergence in electricity prices will become more pronounced, with winter prices soaring up to 100% higher than average. 5. **The Volatility Vortex**: The rise of renewables will lead to increased price volatility, particularly within the day. These forces are already beginning to shape energy markets, and their impact will be profound—affecting everything from investment signals to pricing structures. 🔎 Dive into the full report to explore how market participants can navigate these shifts: #EnergyTransition #PowerMarkets #NetZero #BCGInsights #Renewables #ElectricityMarkets

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The 2024 Effective Energy Transition Report has just been released by the World Economic Forum. Download the full report.

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I was delighted to host our latest webinar alongside my Baringa colleagues – Francesca Tedeschi, Pavlos Trichakis and Mark Turner, to explore some of the latest trends in European Power Markets. It was a lively discussion across demand-side changes, commercial and risk management structures, and the impact on investors and developers.  After the tumultuous year of 2022, we started by asking whether the last 18 months of relative stability in power and gas markets are now the new normality, or have we been lulled into a false sense of security, and could we quickly revert to conditions of extreme volatility once again?   The discussion then moved into three thematics that will shape the near term 1) The growth in demand from AI and data processing.... a Chat GPT query consumes 25 times more power than a simple internet query. Imagine the scale of demand that can be ‘shifted’ across globally connected data centres to optimise across pricing and emissions! 2) The residual impact of the price shocks in 2023 saw a surging demand for offtakers to enter into CPPAs, but the recent stability in prices has since corrected the market  3) In a world of tightening margins, developers need to remain laser focused on supply chain and route to market capability, with margins moving from development to operational assets  Watch here https://lnkd.in/dZe-Xd3C

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Surging data center power demands and rising capital costs are intensifying the challenges of the energy transition. Companies are now focusing on near-term strategies, shifting from 2050 targets to ‘203X’—the next 5 to 15 years—prioritizing pragmatic actions over distant goals. As we approach COP29, with the theme 'In Solidarity for a Green World,' the event highlights the urgent need for collective, bold action to accelerate global environmental progress. Learn more about thriving in this dynamic era. #BainAtCOP https://atbain.co/4hrQWQf

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Most energy companies are ramping up their digital investments to optimize capital projects. Success in this endeavor varies based on the stage of their digital transformation journey and the effective prioritization of value-added use cases, across a diverse range of maturity levels within the industry. However, many are struggling to fully leverage the immense potential of Digital & AI technologies during critical project phases where its significance and value are most evident. Read our latest whitepaper to discover the most relevant use cases and understand the fundamental project phases to maximize its value: https://lnkd.in/eCYint_Y #BCGOnEnergy #DigitalInvestments #AI #DigitalTransformation

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Discover the reasons behind the $135B decline in UK M&A deal value in 2023 by watching our webinar recording featuring Bain's M&A experts, Peter Horsley and Suzanne Kumar, as they delve into Global and UK M&A industry insights.

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The energy transition is still in its early stages, with only about 10 percent of the necessary deployment of low-emissions technologies projected to be achieved by 2050. Our recent report highlights 25 critical physical challenges that must be addressed to ensure a successful energy transition. From effectively integrating a significant share of variable renewables into power systems to deploying innovative solutions like hydrogen and carbon capture, the journey ahead requires more than just technological advancements; it calls for a comprehensive system overhaul and strategic innovation. Read the report here: https://mck.co/3TV8jPm #FutureofAsia

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The energy transition is still in its early stages, with only about 10% of required deployment achieved in most areas. A new McKinsey Global Institute report identifies 25 interlinked physical challenges that need to be tackled to advance the transition.  They involve developing and deploying new low-emissions technologies and entirely new supply chains and infrastructure to support them. Learn more: mck.co/physicaltransition

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How can technology help drive the next impact s-curve and accelerate continuous improvement? As part of the McKinsey Talks Operations series, Christian Johnson and Ferran Pujol recently sat down with @Juan Luis Kruger, Chief Executive Officer at @Minsur S.A. to discuss the company's ongoing implementation of the lean principles to enable next generation operational excellence. Listen in to hear more about how to drive a successful lean transformation in your own organization: 🔊Listen on Apple: https://lnkd.in/dke86iDV 🔊Listen on Spotify: https://lnkd.in/d_phntsG #leanmanagement #digital #operations #mining

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I link this to the article in Trends with ELIA and 50Hertz this week - a 100% renewable grid is possible & flexibility is an essential element of this goal! #ELIA #50Hertz #RenewableEnergy #Trends

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Our latest European Power Market Outlook report is now out. Power market modelling and expertise has been ingrained in Baringa since its inception nearly 25 years ago. It is this depth of knowledge that sets us apart when we advise hundreds of clients across the globe. #EuropeanPowerMarkets #Renewables #RenewablesInvestment

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#Telecoms have long managed their networks as technical assets rather than true products, maximizing network performance without clearly linking it to customer outcomes. In this article, Borja Belda, Sebastian Cubela, Brendan Gaffey, Sebastian Gonzalez, and Tomás Lajous – representing views from McKinsey Tech, Media and Telecom – examine advances in #AI that allow #telecom operators to better understand individual customers’ network experience, enabling ROI-maximizing capital allocation, higher reliability, and better commercial outcomes: https://lnkd.in/es5TXCAZ #Telcos #Telecommunications #CX #ArtificialIntelligence

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My colleagues Lareina Yee, Michael Chui, Roger Roberts, and Mena Issler have just release a very insightful report on the 2024 top tech trends, and sustainability plays an important role. Here are some highlights on the intersection of sustainability and tech: 🔋 Electrification and renewables are leading the charge in reducing global carbon emissions. In 2023, a record 507GW of renewable-generation capacity was added globally, a 50% increase from 2022. 💡 Beyond electrification and renewables, climate technologies are making waves. From carbon capture to circular technologies, the market for gigaton-scale carbon removal could be worth up to $1.2 trillion by 2050. For more detailed insights and to understand how these trends can shape a greener future, check out the full report. 🔗 https://lnkd.in/dBFsitNZ #ClimateTech #Sustainability #RenewableEnergy #NetZero

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With cost-pressure increasing dramatically, many companies tend to look just for short-/mid-term optimization levers in their manufacturing operations ... but what is the real value that can be unlocked when adopting state-of-the-art technology? Forvia worked with BCG to transform in a brownfield approach one of their existing sites into a factory-of-the-future with automation, AI, and sustainable energy—improving efficiency and streamlining its cost base. Creating a lighthouse plant led to immediate cost benefits, serving as a model for future factories. It’s a great example of how technology can drive smarter operations. Interested in their approach? Check out the full story: https://lnkd.in/dQJYwKwH #automotive #suppliers #industrialgoods #ai #automation

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