A new Leaderboard Report from Navigant Research examines the strategy and execution of 10 commercial and industrial (C&I) energy as a service (EaaS) solutions providers, with Schneider Electric, Engie and Veolia ranked as the leading market players.
C&I energy users are increasingly seeking cost-effective, customized and comprehensive energy solutions to increase their operational efficiency and meet sustainability targets. EaaS providers can help customers meet these goals through solutions such as portfolio advisory, onsite and offsite energy supply, and load management and optimization tools, such as storage and microgrids, according to the report.
“Schneider Electric, Engie, and Veolia have distinguished themselves by strategically moving toward providing customers the broadest set of EaaS solutions, financing options and business models to meet their needs,” says William Tokash, senior research analyst with Navigant Research. “While each of these companies approaches the market somewhat differently, they have the most diverse range of options that can be tailored to meet customer needs beyond just performance contracting sectors.”
According to the report, the global market size for C&I EaaS solutions is expected to exceed $22.1 billion annually by 2026. Financing innovation will be fundamental to the EaaS segment, enabling new business models and the delivery of new customer choice options.
The report, “Navigant Research Leaderboard: Energy as a Service Solutions Providers,” examines the strategy and execution of 10 leading energy as a service (EaaS) solutions providers. These companies were rated on 10 criteria: vision; go-to-market strategy; partnerships; EaaS technology; geographic reach; sales, marketing, and distribution; solution depth, solution performance; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global C&I EaaS market.
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