Strategy Consulting
PwC
Full Credential Description
GE Vernova, a global leader in energy generation, faced the significant challenge of decarbonization amidst the complexities of climate change. As a company responsible for generating about 30% of the world's electricity, GE Vernova recognized its role in the energy transition and sought to understand the market mechanisms of carbon pricing. The company aimed to develop a strategic outlook on the digital value chain in carbon reduction while addressing the credibility issues surrounding carbon markets, which often suffer from a lack of trust in their underlying projects. To tackle these challenges, GE Vernova engaged PwC to provide a comprehensive analysis of carbon markets and to identify viable pathways for decarbonization. PwC assembled a multidisciplinary team to conduct extensive research, focusing on the evolving landscape of carbon market mechanisms, including the shift towards technology-based solutions. The team evaluated six new business opportunities under two decarbonization scenarios across four regions, identifying key trends and milestones that would influence GE Vernova's strategic approach. The tailored solution included the development of a blockchain-based digita
Measurable Results
Professional advisory services and strategic guidance delivered