Utilities response to COVID-19: Challenges and Opportunities
By Anna Cheong, Business Consultant at BJSS
The energy industry is renowned for its safety and it has responded well to Covid-19.
It quickly implemented remote working and measures to continue business-critical operations. Additionally, the industry has worked with governments to devise plans to maintain stable supplies and provide emergency financial support to people during this pandemic.
But with the industry suffering from a substantial drop in demand and reduced revenues from lingering oil prices, many organisations are implementing broad capital, discretionary spending, and people cuts.
This interactive report explains the impact that the current operating environment has had on the energy industry, and explores key areas of opportunity.